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TRX ( TRON )Enter Transaction Hash
Copy and Paste the hash of the transaction you want to accelerate.
Copy and Paste the hash of the transaction you want to accelerate.
To speed up the transaction, the network determines an acceleration fee. Pay it to speed up the transaction. ( 100% Refund on job not completed )
Enter the details of the acceleration fee you paid for special boost.
Your transaction is pumped to the Top of the queue for acceleration.
| Network Hashrate | |
| Network Difficulty | |
| Profit per TH/s | 0.00113859 BCH /1T/ Day ≈ $0.16 |
| Current best transaction fees | 0.00001 BCH/KB |
| Pending Transaction | |
| Pending Transaction Size | 16.57 K |
| 24h Tx Volume | 21102 txs |
| 24h Tx Rate | 0.24 txs/s |
| CoinEx | BCH/USD | $144.97 |
| Coinbase | BCH/USD | $144.93 |
| Bitfinex | BCH/USD | $144.87 |
| Bithumb | BCH/USD | $144.90 |
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Published On: 02-02--2022, 08:17 AM IST
Ethereum's prime competitor now is the Solana blockchain. Many developers prefer to build decentralized apps in Solana. As it's cheaper and more efficient.
Solana has been one of the top blockchain networks since its start in 2020.
It continues to lead in scalability and transaction speed.
The Solana network currently takes 400ms for a block and 50,000 transactions per second. Solana does it without side chains or sharding.
Solana is an open-source blockchain that aims to solve the blockchain trilemma. Solana uses a combination of proof-of-stake and proof-of-history consensus mechanisms to improve scalability.
Validators solve the encrypted data and receive the native currency of the blockchain. Proof of stake creates a problem of chronology.
Solana solves this by proof of history. Each block has a decentralized clock that helps secure the blockchain.
Also known as a timestamp, a common record of all the events and transactions on the blockchain. As a permanent reference for the nodes running the network. Timestamp helps arrange the transaction and blocks without confusion.
Decentralized crypto exchanges Serum got built on Solana.
It is accessible to create a cryptocurrency exchange using Local bitcoins Clone Script. Available as software as a service in many crypto-based businesses.
It makes peer-to-peer transactions easier.
Exchanges using Local bitcoins Clone Script has a secure wallet that prevents hacks.
These exchanges allow any fiat currency of any country. It makes the exchange borderless.
Initial investors of the crypto market can use Local bitcoins Clone Script.
Anybody can buy or sell on these platforms.
The exchange built using Local bitcoins Clone Script has a dispute resolution process. So, the transactions are secure and faster.
SOLANA blockchain is compatible with wallets like Math wallet, exodus wallet. Investors can store their tokens in these wallets.
The Solana network currently takes 400ms for a block and 50,000 transactions per second. All without side chains or sharding.
Solana's ecosystem attracted over 500 projects across decentralized finance (DeFi).
Solana emerged as a competitor for Ethereum. So many developers now prefer to deploy applications built on Ethereum to Solana 01 Exchange, a Solana-based platform for crypto derivatives, raised 2.2 million dollars in a seed round.
Like in traditional stocks and finance derivates are a contract. That has the value of the actual underlying asset in it. Depending on the contract may provide a loss or profit to the involved parties. It’s called short selling in traditional finance.
Derivates have two kinds. Future, it’s a smart contract that has a limited period signed by two opposing parties. It has the value of cryptocurrency in this case. The profit or loss depends on the price of the cryptocurrency at the time of the end of the contract.
Options are another form of derivative. It is like the future derivative except there is no end date, it gives an option to buy whenever they want.
In both these cases, traders don’t own the underlying asset.
ETFs are less risky and make crypto ETF’s a popular alternate investment.
Multicoin Capital led the funding round. Alameda Research, Solana Ventures, Ledger Prime also participated in the funding.
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