Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,165 trillion. Bitcoin is up by over 2% after a rollercoaster of a week. Ethereum decreased by almost 1% over the past seven days. XRP gained more than 15% in value this week. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector decreased the total value of protocols…
SOL
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…
Block Education
@BlockEducation
2 months ago 176 views