4
Here’s a quick summary comparing Solana and Bitcoin
- Purpose: Digital currency for peer-to-peer transactions.
- Launch Year: 2009 (by Satoshi Nakamoto).
- Speed: ~7 transactions per second (TPS).
- Fees: Often higher, especially during network congestion.
Solana
- Purpose: Scalable blockchain for decentralized apps (dApps) and DeFi.
- Launch Year: 2020 (by Anatoly Yakovenko).
- Speed: Up to 65,000 TPS.
- Fees: Very low, typically less than $0.01 per transaction
.