Do you know Solana (SOL)?
Solana](https://solana.com/)
As I always say, cryptocurrency projects are as numerous as there are stars in the universe, but let's not fool ourselves, from that to finding one that is able to equal or surpass BTC as the main digital currency there is a long way to go. Indeed, every day there is talk of projects that are often sold as "the biggest revolution in the world of cryptos", however, it is necessary to study these platforms much more to consider whether what they promise is feasible.
Solana is seen as one of those projects on which many hopes are pinned, since it seems to enter the fight between cryptos that could become one of the pillars of the cryptosphere of the future, therefore, it is necessary to know what Solana is all about.
Solana is a project that aims to offer definitive solutions to one of the biggest problems in the cryptouniverse: scalability in Blockchains, a factor that has become a headache among developers and users of any proposal in this world, as this is now the main obstacle that most of the systems manifest, while considering a delay of more than 10 minutes to confirm a transaction is to consider this product as a total failure (I am not referring to Solana, I am speaking in a generalized way).
To achieve a definitive solution to the situation described above, Solana is betting on building a new code based on Blockchain technology, which is designed to execute transactions in its system through its native cryptocurrency in a few seconds.
Since starting the project in late 2017, Solana has presented to the world one of the most advanced and fastest blockchains in the crypto-sphere, with which they can generate the amount of 60K transactions in a second (according to its developers), in addition to generating a ridiculously low commission of 0.000001 USD per transaction, which makes it one of the most scalable platforms today.
Solana's high scalability is due to its innovative mechanism called Proof of History (PoH), a system designed for transaction validation. In this way, the network nodes that perform the task of validating transactions do not have to wait for each one to perform its function before starting the next one, a situation that significantly increases the speed of the network.
Obviously, a project that offers this technical advantage does not go unnoticed within the universe of cryptocurrencies, a situation that is reflected in the increase in the price of Solana from the moment of its launch, whose initial value in 2017 was around 0.04 USD, today this cryptocurrency already exceeds 30 USD. in addition to consolidating itself in the top 20 in the capitalization mecado with more than 8 billion USD raised in this project.
As always, it is necessary to warn the community that the purpose of this article is to provide accurate and timely information to readers, which does not represent under any circumstances any intention on my part to promote, advise or encourage investment in this cryptocurrency.
