Table of Contents
What is Solana Coin
Solana is an open infrastructure for building scalable cryptocurrency applications. The architecture is censorship-resistant, fast and secure, and designed to facilitate global adoption. In order to mark time on the blockchain, Solana uses an innovative process known as Proof of History. PoH is not a consensus mechanism, but plays an important role in Solana's Proof of Stake (PoS) consensus mechanism.
The result of PoH and Solana's other key innovations is a network that is highly scalable – in fact, Solana can support a maximum throughput of 50.000 transactions per second. The blockchain remains low-cost and fast as it scales, with an average transaction fee of $0,00025, a block time that is typically under a second, and sub-second finality.
Solana also maintains composability between ecosystem projects through its single global state, meaning it does not need to communicate with multiple shards or Layer-2 solutions. Other benefits of building based on Solana are controlled, enterprise-grade security and the flexibility to code in popular languages such as C, C++, and Rust.
How to buy Solana
To purchase Solana, you will need to open an account on one exchange office cryptocurrencies supported by SOL. We will buy it from the Exchange bybit
Then it will take you to the page to register, you will write it Email and code and you will press Get My Welcome Gifts and it will take you to the home page.
Bybit Exchange | Registration Guide & How It Works
You should be on the home page and you will click on it Trade and after Trading Spots.
Then you will write to SOL search and it will take you out LEFT/USDT and you will click on it to bring up its diagram SOL
Just press LEFT/USDT it will take you to the SOL diagram and on the right you will press the option Buy after the class market and finally you put the money you want to buy the cryptocurrency and press the button Buy SOL.
SOL predictions 2023 -2024
DISCLAIMER: Cryptocurrency trading is VERY dangerous. Make sure you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your money.