Solana is an open, public blockchain platform that runs using a proof-of-stake (PoS) consensus mechanism. Many believe that the faster throughput and affordable transactions make Solana a solid alternative to Ethereum as a smart contract platform. Solana was launched in April 2019 and is maintained by Solana Foundation in Geneva and the San Francisco-based Solana Labs. Anatoly Yakovenko is the co-founder and CEO of Solana, who had previously worked for Dropbox and Qualcomm.
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