Solana is an open-source project that implements a high-performance and permissionless blockchain. If transactions are no more than an average of 176 bytes, it is possible for a centralized database to perform 710,000 transactions per second on a standard gigabit network. A centralized database can also replicate itself significantly without compromising this transaction speed by using a distributed system technique known as Optimistic Concurrency Control, maintaining high availability.
The most striking difference between algorithms obtained with Solana and algorithms based on timeouts is that while the use of timeouts produces a traditional distributed algorithm where processes work asynchronously, Solana produces a globally synchronized algorithm where each transaction does the same thing at the same time.
Although Solana appears to contradict the entire purpose of distributed transactions by allowing different processes to work independently and perform different functions, if a distributed system is indeed a single system, the processes must be synchronized in some way.
Conceptually, the easiest way to synchronize processes is to make them all do the same thing at the same time. Therefore, Solana is used to implement a core that performs the necessary synchronization. Transactions can spend only a small portion of their time executing the synchronization core; they can work independently for the rest of the time. Accessing different files can be given as an example. This approach is advocated even in situations where fault tolerance is not required.
The fundamental simplicity of the method makes it easier to understand the exact properties of the system; in other words, it is very important to know how resistant the system is to failure. Additionally, it can be implemented using a mechanism that has been present in Bitcoin since day one. The Bitcoin feature called nLocktime uses block height instead of a timestamp to postdate transactions. As a Bitcoin client, block height is used instead of a timestamp when trust cannot be provided to the network. Block height emerges in cryptography circles as an example of a Verifiable Delay Function. This situation is a cryptographically secure way to tell that time has passed.
In Solana, a SHA 256 hash chain, a much more detailed, verifiable delay function is used to control the ledger and coordinate consensus. With this hash chain, Optimistic Concurrency Control is applied, and currently, it is theoretically progressing towards a limit of 710,000 transactions per second.

Solana is known as a highly functional open-source project that provides decentralized finance (DeFi) solutions based on the permissionless nature of blockchain technology. While the idea and initial work for the project began in 2017, Solana was officially launched by the Solana Foundation based in Geneva, Switzerland, in March 2020.
The Solana protocol is designed to facilitate the creation of decentralized applications (DApps). It aims to improve scalability by offering a consensus of proof of history combined with a proof of stake consensus underlying the blockchain. Due to its innovative hybrid consensus model, Solana attracts the interest of both small-scale traders and institutional traders. A significant focus for the Solana Foundation is to make decentralized financing more accessible on a larger scale.
SOL is the name of the native token of Solana, which can be transmitted to nodes in the Solana cluster in exchange for running a program on-chain or verifying its output. The system can perform micro-payments of fractional SOLs, named lamports. SOL is named in honor of Leslie Lamport, who had the greatest technical impact on Solana. A Lamport is worth 0.000000001 SOL.

The concept of a cluster is known in the field of networks as a set of computers that work together and can be seen from the outside as a single system. The Solana cluster is referred to as a cluster of independently owned computers that work together (and sometimes against each other) to verify the output of untrusted, user-submitted programs. Users can use a Solana cluster to maintain a record of immutable transactions over time or programmed interpretations of these events.
One use could be to monitor which computers are doing meaningful work to keep the cluster operational, while another use could be to track the ownership of real-world assets. In either case, the cluster produces a ledger that records the given transactions. The Solana cluster is continuously maintained. As long as any individual anywhere in the world holds a copy of the ledger, the output of their programs (which can include a record of who owns what) can be replicated indefinitely, regardless of the organization that initiated it.

All claims, content, designs, algorithms, estimates, roadmaps, specifications, and performance measurements described in the Solana project are made with the author's best performance. It is left to the reader to verify and confirm their accuracy. Additionally, no detail in this project constitutes an investment request.

The most important person behind Solana is known as Anatoly Yakovenko. Yakovenko began his professional career at Qualcomm, where he quickly advanced and became a senior staff engineer manager in 2015. Later, he changed paths in his professional life and took on a new position as a software engineer at Dropbox. In 2017, Yakovenko began working on a project that would later become known as "Solana," collaborating with Qualcomm colleague Greg Fitzgerald and establishing a project called Solana Labs. During this process, the Solana protocol and SOL token were introduced to the public in 2020, drawing the interest of several former Qualcomm colleagues.

One of the significant innovations Solana brings to the crypto world is the proof of history consensus developed by Anatoly Yakovenko. This concept allows the protocol to be more scalable, thereby increasing its usability. Solana is known in the cryptocurrency field for the incredibly short transaction times offered by the blockchain.
Solana's hybrid protocol provides significantly reduced verification times for both transaction and smart contract execution. With these very fast transaction times, Solana has attracted corporate interest. The Solana protocol aims to serve both small-scale users and corporate clients alike. The protocol is designed to ensure scalability and fast processing while being cost-effective with low transaction fees.

Solana documentation (documentation process) describes the Solana open-source project, a blockchain built from scratch for scale. It addresses why Solana is useful, how it can be used, how it works, and why it will continue to work even after the doors of the Solana company are closed. The purpose of the Solana system is to show that a set of software algorithms used together to implement a blockchain eliminates software as a performance bottleneck and allows transaction efficiency to scale linearly with network bandwidth. The system continues to meet all three desired properties of a suitable blockchain: scalability, reliability, and decentralization. The system defines a theoretical upper limit of 710,000 transactions per second (TPS) on a standard gigabit network and over 28.4 million TPS on a 40 gigabit network. Additionally, the structure of the system supports the secure and concurrent execution of programs written in general-purpose programming languages like C or Rust.

The Solana Foundation has announced that a total of 489 million SOL tokens will be released into circulation. As of the current time frame, approximately 260 million of these have entered the market. The distribution of SOL tokens is as follows: 16.23% to the initial seed sale, 12.92% to the foundation sale, 12.79% distributed among team members, and 10.46% to the Solana Foundation. The remaining tokens have already been released for public and private sales or will continue to be released.

Solana relies on the unique combination of proof of history (PoH) and proof of stake (PoS) consensus mechanisms. As it is responsible for a large portion of transactions, PoH is considered the main component of the Solana protocol. PoH records successful operations and the time between them, ensuring the untrustworthy nature of the blockchain. The proof-of-stake (PoS) consensus is used as a monitoring tool for PoH processes, verifying each produced block sequence. The combination of the two consensus mechanisms makes Solana a unique phenomenon in the blockchain industry.

For those interested in cryptocurrency investment, how to buy and sell Solana (SOL) is frequently asked. This can be done either by mining or by using a specially created cryptocurrency exchange.
Contrary to what is believed, buying Solana (SOL) with Turkish Lira in Turkey is very easy and fast. You can buy Solana (SOL) without needing any technical knowledge or official documents.