Cryptocurrency Q&A What problems did Solana solve?

What problems did Solana solve?

GwanghwamunGuardianAngelWingsBlessing GwanghwamunGuardianAngelWingsBlessing Thu Dec 26 2024 | 5 answers 947
I heard about Solana and I'm curious about the problems it solved. I know it's a blockchain platform, but what specific issues did it address in the blockchain or crypto industry? What problems did Solana solve?

5 answers

KpopStarlet KpopStarlet Sat Dec 28 2024
Solana stands as a high-performance blockchain platform.

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Maria Maria Fri Dec 27 2024
Its primary objective is to address the scalability challenges faced by existing blockchain platforms.

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lucas_lewis_inventor lucas_lewis_inventor Fri Dec 27 2024
Platforms like Bitcoin and Ethereum often encounter bottlenecks when dealing with a substantial volume of transactions.

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Andrea Andrea Fri Dec 27 2024
These bottlenecks lead to a decrease in transaction speed and an increase in costs.

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KimonoSerenity KimonoSerenity Fri Dec 27 2024
Solana offers a solution by providing a blockchain platform capable of supporting large-scale applications. This platform can handle thousands of transactions per second.

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