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Solana
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Solana

How Solana built the fastest Layer 1 blockchain by making radical performance trade-offs, attracting developers priced out of Ethereum.

Ethereum processed fifteen transactions per second. Bitcoin processed seven. The whole crypto ecosystem moved at dial up speeds while traditional finance handled thousands per second. Solana founder Anatoly Yakovenko asked a different question. What if a blockchain could match the speed of a modern computer? Solana built proof of history, a mechanism that timestamps transactions before they enter the blockchain. This eliminated the coordination problem that slowed other chains. Solana processed sixty five thousand transactions per second, a four thousand times improvement over Ethereum. That speed gap meant entirely new categories of applications became possible.

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