4
By coinmonks
By coinmonks
Solana is a blockchain platform for hosting decentralized apps. Solana's design fulfils all three desirable blockchain characteristics: scalability, security, and decentralization. According to Solana's Whitepaper, the theoretical top limit on a standard Gigabit network is 710,000 transactions per second (tps) and 28.4 million tps on a 40-Gigabit network.
Solana's blockchain employs both the Proof of History (PoH) and the Proof of Stake (PoS) consensus models. PoS allows validators to verify transactions; PoH allows those transactions to be timestamped and validated rapidly. Solana can execute up to 50,000 transactions per second (tps), with an average cost of $0.00025 per transaction.
In comparison, Ethereum can only process about 15 transactions per second, and transaction costs reached a high of $70 in 2021.
Back in 2017, there was a lot of FUD and misinformation in the crypto space. People were creating tokens to sell bananas and they still are. So we decided to create and curate the best crypto content out there. To date, thousands of writers contributed to Coinmonks, making it the most prominent crypto-focused medium publication.
Now, after almost 4 years and more than 10,000 articles, we are here. Here's our CoinMonks NFT Collection.
Contract Address0x2953...4963
Token ID
Token StandardERC-1155
ChainPolygon
MetadataCentralized
Creator Earnings
SolMonk
Owned by
coinmonks
visibility
130 views- PriceUSD PriceQuantityExpirationFrom
- PriceUSD PriceQuantityFloor DifferenceExpirationFrom
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SolMonk
Owned by
coinmonks
4
visibility
130 views- PriceUSD PriceQuantityExpirationFrom
- PriceUSD PriceQuantityFloor DifferenceExpirationFrom
By coinmonks
By coinmonks
Solana is a blockchain platform for hosting decentralized apps. Solana's design fulfils all three desirable blockchain characteristics: scalability, security, and decentralization. According to Solana's Whitepaper, the theoretical top limit on a standard Gigabit network is 710,000 transactions per second (tps) and 28.4 million tps on a 40-Gigabit network.
Solana's blockchain employs both the Proof of History (PoH) and the Proof of Stake (PoS) consensus models. PoS allows validators to verify transactions; PoH allows those transactions to be timestamped and validated rapidly. Solana can execute up to 50,000 transactions per second (tps), with an average cost of $0.00025 per transaction.
In comparison, Ethereum can only process about 15 transactions per second, and transaction costs reached a high of $70 in 2021.
Back in 2017, there was a lot of FUD and misinformation in the crypto space. People were creating tokens to sell bananas and they still are. So we decided to create and curate the best crypto content out there. To date, thousands of writers contributed to Coinmonks, making it the most prominent crypto-focused medium publication.
Now, after almost 4 years and more than 10,000 articles, we are here. Here's our CoinMonks NFT Collection.
Contract Address0x2953...4963
Token ID
Token StandardERC-1155
ChainPolygon
MetadataCentralized
Creator Earnings
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Event
Price
From
To
Date
