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What is Solana (SOL) and its 'proof of history' mechanism?

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What is Solana (SOL) and its 'proof of history' mechanism?

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Solana’s third-generation blockchain architecture is designed to facilitate smart contracts and decentralized application (DApp) creation. The project supports an array of decentralized finance (Defi) platforms as well as non-fungible token (NFT) marketplaces.

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