June 20, 2022 · less than 3 min read
Solana is a proof-of-stake cryptocurrency with smart contract capabilities including DeFi dApps and NFTs.
Solana boasts a theoretical throughput of 65,000 transactions a second with near zero fees.
The boom in the DeFi and NFT spaces have pushed by extremely high Ethereum causing crypto users to seek other options like Solana.
Solana has been at the center of controversy in the crypto industry as skeptics claim its transaction speed are only possible because the chain has sacrificed decentralization.
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