What is Solana (SOL) and How Does it Work?

Solana is a decentralized blockchain network that aims to provide fast and low-cost transactions for decentralized applications. The network utilizes a consensus mechanism called "Proof of Stake Time" (PoST) which utilizes a unique method of choosing validators based on the time they have staked their coins. This allows for a much faster transaction confirmation time than definitive proof of work systems. The Solana protocol also includes a "Turbine" feature, which allows for high-throughput scaling using a network of validators to…