====== Solana ======
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**Solana** a public [[dido:public:ra:xapend:xapend.a_glossary:b:blockchain]] [[dido:public:ra:xapend:xapend.a_glossary:p:platform]]. It uses the [[dido:public:ra:xapend:xapend.a_glossary:p:proof_of_stake_pos]] mechanism as its [[dido:public:ra:xapend:xapend.a_glossary:c:consensus_process]]. Its internal cryptocurrency is **''SOL''**.

In 2021, Bloomberg journalist Joanna Ossinger described **Solana** as "a potential long-term rival for Ethereum", citing superior [[dido:public:ra:xapend:xapend.a_glossary:t:transaction]] speeds and lower associated costs.

On 14 September 2021, the **Solana** blockchain went offline after a surge of transactions caused the network to [[dido:public:ra:xapend:xapend.a_glossary:f:fork]], and different validators had different views on the state of the network. The network was shortly brought back online on 15 September 2021. **Solana** can purportedly handle 50,000 transactions per second, which is faster than the Ethereum blockchain, but still less than the 400,000 transactions seen during the spike.

Like various other blockchains, **Solana** can run [[dido:public:ra:xapend:xapend.a_glossary:s:smart_contract| Smart Contract]]s. 

Source: [[https://en.wikipedia.org/wiki/Solana_(blockchain_platform) ]]


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