Solana is a decentralized blockchain built to enable scalable, user-friendly apps for the world.

Basic Information

Solana is a public blockchain platform. Its internal cryptocurrency is SOL. Solana achieves consensus using a proof-of-stake mechanism, as well as a "proof-of-history" mechanism which Solana's whitepaper claims improves efficiency. Solana ensures composability between ecosystem projects by maintaining a single global state as the network scales. Solana can purportedly handle 50,000 transactions per second, which is faster than the Ethereum blockchain, but still less than the 400,000 transactions seen during the spike. See more

Headquarters

:

San Francisco, California, United States

Founding Date

:

2017

No. of Employees

:

41 to 60

Core Team

:
1.

Anatoly Yakovenko

Co-Founder

2.

Raj Gokal

Co-Founder

3.

Rob Oshima

Founder in Residence

Funding

Investors

:

1.

Multicoin Capital

2.

Andreessen Horowitz

3.

Polychain Capital