April 2023
Beginner
272 pages
6h 28m
English
Content preview from Blockchain For Dummies, 3rd Edition
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Chapter 8
Examining the Solana Blockchain
IN THIS CHAPTER
Getting to know Solana
Creating a decentralized application on Solana
Building a decentralized autonomous organization on Solana
The developers of Solana are hoping to create an infinity scalable blockchain that is low-cost and green. Solana (SOL) is one of the most popular cryptocurrencies trading today. The development company behind Solana has raised a total of $315.8 million in funding. Given this significant funding, you’d be wise to keep an eye on the Solana project — it will most likely grow beyond any other project in the blockchain space.
The defining difference between Solana and Ethereum — and why you may want to learn more about the Solana system — is Solana’s consensus algorithm, a new system called proof of history.
This chapter dives into the practical applications and future of the Solana blockchain and explains uses for its technology. You find out how to create your own decentralized application (dApp) and decentralized autonomous organization (DAO).
Uncovering Solana
Solana is a decentralized and open-source blockchain platform designed to be scalable, fast, and secure. It was created in 2017 by Solana ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.