Exploring the Expanding Solana Ecosystem
Scalability is an ongoing challenge in the blockchain space, with the consequences only too obvious following the explosive growth of decentralized finance. That increased demand resulted in high fees and congestion delays on the dominant Ethereum dApp platform during peak periods. Q2 2021 hedge fund letters, conferences and more Various scalability solutions are attempting to tackle these issues predominantly via sharding, layer 2, and sidechains. Solana takes a different approach, delivering an ultra fast, secure, and censorship-resistant blockchain on layer 1, to provide the open infrastruc...