Solana company info

What does Solana do?
Solana (CRYPTO:SOL) is a high-performance blockchain platform introduced as an independent Layer 1 blockchain in 2020, and has gained the moniker 'The Ethereum Killer' due to its impressive features. It competes with Ethereum by offering exceptional scalability, low fees, and rapid transaction speeds, making it a preferred choice for NFT-based decentralized applications (dApps), decentralized finance (DeFi), and digital payment ecosystems. Solana's focus on high transaction throughput and swift processing relies on its innovative Proof-of-History (PoH) technology, boasting a capability to process 65,000 transactions per second, ranking among the industry's fastest. Unlike conventional blockchain systems, Solana linearly hashes transactions to establish a verifiable order, eliminating the need for timestamp reliance or network validator checks. Founded in 2017 by Anatoly Yakovenko and Raj Gokal, Solana initially employed PoH timing, later transitioning to a proof-of-stake (PoS) algorithm.
Solana company media
Company Snapshot

How many people does Solana employ?

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Employees
175-250

What is the market cap for Solana?

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Market Cap
$75.99B

Where is the head office for Solana?

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Head Office
San Francisco, CA

What year was Solana founded?

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Year Founded
2017
What does Solana specialise in?
/Alameda Research Portfolio /Alleged SEC Securities /CMS Holdings Portfolio /FTX Bankruptcy Estate /Kenetic Capital Portfolio /Layer 1 /Multicoin Capital Portfolio /OKX Ventures Portfolio /Platform /PoS /SEC Security Token /Solana Ecosystem

What are the products and/or services of Solana?

Overview of Solana offerings
DeFi: Solana is home to a growing ecosystem of DeFi protocols, which allow users to lend, borrow, trade, and invest cryptocurrencies without the need for intermediaries.
NFTs: Solana is also a popular platform for non-fungible tokens (NFTs), which are unique digital assets that can be used to represent ownership of items such as collectibles, artwork, and in-game items.
Smart contracts: Solana supports smart contracts, which are self-executing contracts that can be used to create a wide range of decentralized applications (DApps).
Web3: Solana is a good platform for building and deploying Web3 applications, which are decentralized applications that are owned and operated by their users.