Solana Coin Learn about its project and legitimacy
It has been a great success over the years.
When did Solana start?
Solana was founded in 2017 by Anatoly Yakovenko with a vision to enhance scalability and speed in blockchain technology. Solana is considered a high-performance blockchain platform that supports decentralized applications (dApps) and smart contracts.
What's so special about Solana's coin?
- Transaction speed: It uses a technology called "Proof of History" (PoH), which enhances transaction processing speed. The network can process thousands of transactions per second, making it one of the fastest networks available.
- Low cost: Due to the efficiency of the infrastructure and the speed of transactions, gas costs on the Solana network are very low, making it an attractive option for developers and users alike.
- Expansion and endurance: Designed to be highly scalable without sacrificing security or decentralization, Solana relies on a range of innovative technologies that enable it to scale.
Is Solana Coin Halal or Haram?
After researching and investigating the Solana currency, studying its project, and consulting specialized experts, this currency is legitimate, and there is no suspicion about it until the date of writing this article.
Solana is considered one of the most prominent cryptocurrencies, especially since it is used in a wide range of applications, including decentralized gaming, decentralized finance (DeFi), digital marketplaces, and supply chain applications. The Solana network attracts many new and innovative projects due to its robust infrastructure and advanced technical features.