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SOL in exercise Solana’s native copyright is SOL. It’s utilized to spend transaction expenses and for staking. As talked about Formerly, Solana uses a combination of Proof of Stake in addition to a new system referred to as “Proof of History (PoH).” Evaluating The 2, PoS permits validators to confirm transactions depending on the amount of cash or tokens they keep; PoH makes it possible for These transactions to be time-stamped and verified at faster speeds.
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