Solana ICO Review And Solana Token Analysis

Solana

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5 months ago

Solana ICO About

710,000 tx/s with off-the-shelf hardware and no sharding. Scales with Moore's Law.

Solana ICO Review

Proof of History: The Key to Speed

Similar to Google’s TrueTime, which relies on synchronized atomic clocks for a trusted source of time and ordering, Solana has created a cryptographically secure, trustless, time source and built a blockchain around it. We call it Proof History.

By weaving this standardized timestamp into the blockchain, nodes in the network can verify the time and order of events without witnessing them directly. This drastically reduces messaging overhead and is one example of the world of optimization capabilities that become available through Solana’s Proof of History.

Sub-second finality that actually scales

Decentralized blockchain solutions have a scaling problem. In addition to low transaction rates, maintaining quick finality while the network scales is a major problem and many current solutions compromise decentralisation.

Through Solana’s “Avalanche” network communication innovation, finality times reduce exponentially as the network grows. This means we can expect ~500ms finality up through 10s of thousands of nodes and beyond.

Finally, scaling without sharding

Solana’s approach takes existing blockchain architecture and algorithms and improves on them instead of overlaying additional complexities such as sharding which can compromise security. We believe the right solution is a simple solution.

Scalable smart contracts in any language

The development community is our top priority. We intend to be the go-to network for developers who want to build decentralised applications of any kind. With Solana, you can write smart contracts in almost any language. We leverage Berkeley Packet Filter, allowing any language that LLVM supports to be utilized.

In addition, the smart contracts engine runs on GPUs. The future is massively parallel, and GPU cores are doubling every 2 years. Today a 5 thousand dollar machine will simultaneously execute 14,000 smart contracts. In two years 28,000. This is why in 10 years solana will be the first blockchain to process a billion transactions per second.

Solana ICO Comments

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  • 5 months ago Draymond Green

    What is Solana trying to resolve?

  • 5 months ago Gabriel Stephen

    In the race to develop high throughput (tps) and highly secure blockchains, teams are devising new ways to create highly scalable solutions that will allow high transactions per seconds currently available in existing blockchains. “Time issues”. In the age of computation and information, there is a basic need that’s waiting to be solved. Fairless Coordination between events. It means: for example, when a computer sends a message to another computer, they need to synchronize the time between transactions. Therefore this implies that, if each of them has its own inner clock, they might, or might not, coordinate properly.

  • 4 months ago Steve Kerr

    Solana is now supporting multiple nodes with generalized smart contracts!

  • 4 months ago Maverick Carter

    Solana has also partnered with Helium! Helium is the world’s first decentralized machine network powered by a blockchain. The partnership will help disrupt massive markets from blockchain, IoT, and even telecommunications.

  • 4 months ago Draymond Green

    Solana also announced the hiring of Rob Walker, the former Senior Director of Engineering at Qualcomm. It also has 2 other new full-time hires this past week, as well as 3 part-timers.

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ICOPicker - Anatoly Yakovenko
Anatoly Yakovenko
CEO
ICOPicker - Greg Fitzgerald
Greg Fitzgerald
CTO
ICOPicker - Raj Gokal
Raj Gokal
COO

Token Info

  • Symbol/Ticker Solana
  • Platform
  • Type
  • Bonus

Presale Info

  • Presale Price null ETH
  • Presale Start Date 05/23/2018
  • Presale End Date 05/23/2018

Investment Info

  • Tokens for Sale null
  • Total Token Supply null
  • Price Per Token null USD
  • Soft Capital 0 USD
  • Hard Capital 0 USD
  • Accepting ETH

June 2018

Multinode testnet

September 2018

Public beta & SDK

Q4 2018

Live mainnet

Q1 2019

Token distribution

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5 months ago


  • Token Solana
  • Platform
  • Price null
  • Soft Capital 0
  • Hard Capital 0
  • Accepting
  • Country United States
  • Restrictions
  • Know Your Customer No
  • Whitelist No

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