An independent examiner has revealed shocking details surrounding the inner workings of Celsius – a crypto lender that filed for bankruptcy in July 2022. The examiner claimed that Celsius did not operate by the business model that it presented to customers. He likened it to a Ponzi scheme, much like FTX – a company that happened to have used the same accounting software: QuickBooks. The Truth About CEL Token Per a filing from examiner Shoba Pillay on Tuesday, Celsius had…
Solana
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
@BlockEducation
3 weeks ago 
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