Layer 1
A high-throughput layer 1 built for low-latency apps.
A proof-of-stake chain that uses Proof of History timestamps and parallel transaction execution (Sealevel) over an account model where programs keep their state in separate accounts. Programs are written in Rust, usually with the Anchor framework.
SolanaBeginnerThis year. Solana plans to roll out a major update that will increase its transaction processing power and coincide with the release of a possible “breakthrough” consumer app. Solana’s proponents believe that these advancements will strengthen its position as the “Ethereum killer” and allow it to…
#chatgpt
Former FTX CEO Sam Bankman-Fried (SBF) has submitted a sentencing memo to the court requesting a 6.5-year prison sentence, significantly below the potential maximum of 110 years he faces. This move comes as SBF awaits sentencing for his role in the collapse of the cryptocurrency exchange FTX. The…
#crypto#ftx
SolanaBeginnerThe Solana-powered crypto wallet Phantom has seen its user base skyrockeexperiencing a staggering 220% increase in active monthly users (MAUs) over the past year. As of January 2024, Phantom boasts a whopping 3.2 million MAUs. Solidifying its position as a leading player in the crypto wallet…
#crypto#defi#wallets
SolanaBeginnerOn February 6, 10:22 UTC, the Solana network experienced a major outage, and engineers from across the ecosystem are looking into a mainnet-beta issue. Solana Mainnet-Beta is experiencing block production issues because block progression has been halted, and core engineers and validators are…
SolanaBeginnerThe Spanish government’s X account, believed to be operated by the National Intelligence Center (CNI), has been spotted actively participating in crypto airdrops, according to a recent investigation by El Español. Airdrops are a marketing strategy used by cryptocurrency projects to distribute free…
#crypto#hackers#x
SolanaBeginnerSolana wallet drainer activity has increased in recent months as the price of SOL has risen, making SOL and SOL-based memecoin holders more appealing to phishing targets. According to blockchain security firm Chainalysis, one of the largest online communities devoted to just one popular Solana…
#crypto#phishing-attack#wallets
SolanaBeginnerIn a major move that sent ripples through the crypto community, Etherscan, the industry’s leading Ethereum block explorer, announced the acquisition of Solscan, the prominent block explorer for the Solana blockchain. This strategic acquisition comes at a time when Solana’s native token, SOL, is…
#crypto
SolanaBeginnerSolana is a blockchain platform for hosting decentralized, scalable apps. The Solana Foundation in Geneva launched it in 2017 as an open-source venture, with the blockchain built by Solana Labs in San Francisco. Solana has a higher transaction processing capacity and much lower transaction costs…
