Solana is a high-performance, open-source blockchain platform designed for decentralized applications (dApps) and cryptocurrencies. It aims to provide fast transaction speeds and low transaction costs compared to other blockchains like Ethereum. Solana achieves this through a combination of innovative technologies like Proof of History (PoH) and a highly parallel processing architecture, making it suitable for applications requiring high throughput and scalability, such as decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized exchanges (DEXs).
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