With an average transaction time of 0.4 seconds, it is
faster than most card payments. Additionally, Solana has
low transaction fees of $0.0001, in comparison to Visa/Mastercard fees of 1.15% to 3.15%, plus additional fees up to $0.25.
It aims to provide a seamless experience for developers and users by offering high scalability, low transaction fees, and quick confirmation times. Solana's unique architecture and consensus mechanism enable it to handle a large number of transactions per second, making it suitable for various use cases, including decentralized finance, gaming, and decentralized exchanges. As a beginner, Solana offers an exciting entry point into the world of blockchain technology, providing opportunities to explore and participate in the growing ecosystem of decentralized applications. It has a strong collaborative multilanguage
community.
Solana development is primarily done using the
Rust programming language. Rust provides a high level of safety and performance, making it an ideal choice for building applications on the Solana blockchain.