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What is SOL
Solana is a high-speed blockchain, currently supporting 50-65k transactions per second and 400ms block times with 50 nodes on its public testnet. It is specifically built to scale transaction throughput without sacrificing decentralization or security.
Solana's core technical team comes from Qualcomm (Fortune 500 chip manufacturer) where they managed projects such as Firefox OS and the BREW Operating System, which powered over 500 million phones. Few teams in the technology industry have experience scaling distributed systems to billions of users
Solana’s core breakthrough, Proof of History, significantly streamlines the process for a network to reach consensus and makes their blockchain natively scalable. This architecture avoids the added complexity that comes with other scaling approaches such as sharding and layer-two solutions.
Token status and distribution
Total Token Supply : 500 000 000 SOL
Circ. Supply :8,000,000 SOL (1.60%)
Useful Links
Website : https://solana.com/
White Paper: https://solana.com/solana-whitepaper.pdf
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