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1/ Prominent people in our country have recently claimed that #crypto tokens have no value - we think they just need education in this space.
Undeterred by the FUD and #cryptobandebate, DeFi India brings to you a thread on #Solana and it's token $SOL
Undeterred by the FUD and #cryptobandebate, DeFi India brings to you a thread on #Solana and it's token $SOL
2/ Solana $SOL is a decentralized blockchain built to enable scalable, user-friendly apps for the world.
Solana is the fastest blockchain in the world and is capable of supporting over 50,000 transactions per second (TPS) while maintaining block times of 400 milliseconds.
Solana is the fastest blockchain in the world and is capable of supporting over 50,000 transactions per second (TPS) while maintaining block times of 400 milliseconds.
3/ Comparing that to trad alternatives; Visa claims a max TPS of 24,000 and Mastercard 5,000
#Solana can already operate at 10x the speed of Mastercard and txns cost $0.00025
Visa/Mastercard charge anywhere between 0.1-2.5% of every txn. The more you spend the more the fees.
#Solana can already operate at 10x the speed of Mastercard and txns cost $0.00025
Visa/Mastercard charge anywhere between 0.1-2.5% of every txn. The more you spend the more the fees.
