Solana ICO

Blockchain
Pending

Sale Date

Pre Sale Start - End:
Unknown
Public Sale Start - End:
Unknown

Description

Solana is building the architecture of their blockchain based on Proof of History (PoH); a proof for verifying order and passage of time between events. The purpose of PoH is used to encode the trustless passage of time into a ledger. A Proof of Stake (PoS) consensus mechanism is then leveraged for confirmation of the current sequence produced by the Proof of History generator. PoS is also used for voting and selecting the next Proof of History generator node and for punishing any validators that act against the interest of the network.

Short Term Investment

More information needed...

Long Term Investment

More information needed...

7.7 Total Score

PROS
  • Team working really hard to offer a working product rather than just promoting their ICO
  • Token distribution will happen after mainnet launch
  • 250k tps average with testnet, with a peak 400k tps
  • Mainnet launch scheduled for Q4 2018
  • Low transaction cost (0.000001 usd)
  • Solana’s high throughput blockchain ensures that the performance characteristics of DEX surpass that of even centralized exchanges, whilst ensuring that the entire order book is kept securely in the blockchain.
  • Has MVP
CONS
  • Just 2 partnerships
  • Still more space to improve
  • High competition
  • ASIC free
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