Solana in 2024: Still a Contender in the Scalability Race?

Solana burst onto the scene in 2020 with ambitious goals: fostering mass adoption of decentralized applications (dApps) through lightning-fast transaction speeds and miniscule fees. Let’s dive into how Solana is faring in 2024. Solana’s Strengths: Speed and Efficiency Solana remains a leader in transaction processing speed. Its innovative Proof-of-History (PoH) system, combined with Proof-of-Stake (PoS), consistently processes thousands of transactions…

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