The high-speed blockchain Solana hits the accelerator. SOL\u2019s price gains are no accident. What\u2019s behind the rally at a new all-time high?While the Bitcoin price is still looking for the bottom after the shock at the weekend, Ethereum and the Ethereum-based DEX Uniswap can show strong daily increases in the top 10 by market capitalization. But even a potential \u201cEthereum killer\u201d can come up with a strong performance recently: Solana (SOL) reached a new all-time high on April 22nd.Solana is an extremely scalable crypto platform that can achieve transaction speeds of up to 65,000 TPS. The main technological innovation, the Solana into the crypto market is the Proof of History (PoH). In simple terms, the PoH is a clock that shows the clock for the entire network. Because all network nodes use the same reference for the time, it is possible to provide each transaction with an individual time stamp. For this, Solana uses a modified version of SHA256, the encryption algorithm that is used in Bitcoin. In conjunction with other technologies such as pipelining (compare FLOW) and Proof of Replication (compare Filecoin), Solana achieves a performance that should be able to compete with a centralized server.Although the network is still in the beta stage, some projects \u2014 especially in the field of decentralized financial services (DeFi) \u2014 are already building on the platform. Probably the best-known Solana-dApp is the DEX Serum from FTX. With Raydium, another DEX was launched in spring 2021. In addition, Solana is working with Chainlink on a decentralized price oracle that delivers fresh price data every 400 ms.When it comes to stablecoins, the course is set for growth. The supply to tether (USDT-SPL) is 1.9 billion USDT-SPL at the time of going to press. In addition, there are 420 million USDC-SPL, the Solana variant of\u2026<\/p>","protected":false},"excerpt":{"rendered":"
The high-speed blockchain Solana hits the accelerator. SOL\u2019s price gains are no accident. What\u2019s behind the rally at a new all-time high?While the Bitcoin price is [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/4317"}],"collection":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/comments?post=4317"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/4317\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media?parent=4317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/categories?post=4317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/tags?post=4317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}