What is Solana (SOL)

1. Project Introduction
Solana is a Layer 1 blockchain utilizing a Proof of History (PoH) consensus mechanism, designed for high throughput, low fees, and energy efficiency. Written in Rust, Solana addresses the timestamp synchronization problem inherent in traditional consensus mechanisms. By introducing PoH as a global time source, Solana enables nodes to quickly reach consensus without the need for intensive communication, significantly reducing validation time and improving performance.
2. Team & Investment Info
Anatoly Yakovenko: Co-founder; previously a software engineer at Dropbox and Mesosphere, engineering manager at Qualcomm, and co-founder at Alescere.
Raj Gokal: Co-founder and President of Solana Labs, Board Member of Solana Foundation; former Director of Product at Omada Health, co-founder at Sano, and investor at General Catalyst.
Lily Liu: President of Solana Foundation; co-founder of Earn.com (acquired by Coinbase), contributor to Osmosis Labs, previously CFO at Chinaco Healthcare and senior manager at McKinsey & Company.
Funding:
Seed round (Apr 2018): $3.17M
Founding Sale (Jun 2018): $12.63M
Validator Sale (Jul 2019): $5.7M
Strategic Sale (Jan 2020): $2.29M
CoinList Sale (Mar 2020): $1.76M
Series (Jun 2021): $314M led by a16z and Polychain Capital
3. Social Media URLs
X: https://x.com/solana
Telegram: https://t.me/solana
Discord: https://solana.com/discord
GitHub: https://github.com/solana-foundation/solana-com
YouTube: https://www.youtube.com/SolanaFndn
4. Token Info
Token Symbol: SOL
Total Supply: 587,403,746
Token Type: Solana
Token Distribution: There is an inflationary model.
Block Explorer: https://explorer.solana.com/
Token Distribution:
Initial Supply: 500 million SOL
Seed Sale: 16.23%
Founding Sale: 12.92%
Validator Sale: 5.18%
Strategic Sale: 1.88%
CoinList Sale: 1.64%
Team: 12.79%
Foundation: 10.46%
Community: 38.89%
5. Related Links
Official Website: https://solana.com/
White Paper: https://solana.com/solana-whitepaper.pdf
LinkedIn: https://www.linkedin.com/company/solana-foundation/
Other Info: https://www.rootdata.com/Projects/detail/Solana?k=MTE3