Skip to main content
CIS Fundamental Analysis

Solana Analysis

23/07/2021

What is Solana?

Solana is a fast, secure, and censorship resistant blockchain providing the open infrastructure required for global adoption. It was founded in 2017 by former Qualcomm, Intel and Dropbox engineers. Through its Proof of History design, it can reach over 50k transactions per second while keeping costs to $10 per 1 million transactions.

What is the Mission of Solana?

Solana's mission is to support all high-growth and high-frequency blockchain applications and democratize the world's financial systems.

What is Solana’s Proof of History?

Solana’s Proof of History system creates a trustless and secure clock on which all nodes can base their transaction timestamps. With this, Solana solves the “clock problem” (the problem of getting distrusting parties to agree on the time and order of events) and the double-spending problem. In Solana, there is clear consensus about the order of transactions because of the timestamps. Therefore, bad actors cannot spend their tokens twice. With Proof of History, the Solana team can optimize many other aspects of the network, ranging from block propagation, parallel processing, database structures, and others.

Solana is Scalable*

Solana leverages Proof of History and several other breakthrough innovations to allow the network to scale at the rate of Moore's Law.

Solana’s Slogan

Focus on your business, not your blockchain infrastructure.

Solana’s Technology*
FOR DEVELOPERS*

8 core innovations enable scalability, security, and decentralization. No sharding is required. Code is in Rust, C, and C++ with flexible virtual machine integrations.

Capital Efficiency

Solana scales thanks to Moore’s Law — there's no need to integrate with multiple shards or layer 2 solutions.

Enterprise-Grade Security*

Audited by a Fortune 500-preferred security firm.

TEAM
TOKENECONOMICS
FUNDING HISTORY
BACKERS



For more data, tools, analytics and news on Crypto Markets, register CryptoIndexSeries on cryptoindexseries.com

LATEST CIS ISSUES

Cookie Notice

This site uses cookies to improve the user experience.

Back to top