How The Value Of Solana Cryptocurrency Has Changed In The Last Day.

How the value of the virtual currency solana has changed in the last 24 hours

Solana is one of the digital currencies that have become important in recent yearsin the market of digital currencies, so it is important to know sti movements within this market without regulation.

Founded in 2017 by Anatoly YakovenkoBoasts a unique mechanism of consensus Proof-of-Stake, which-according to the solana - improves sti scalability without sacrificing decentralization and security.To maintain a set level of inflation each year, burning half of their cryptocurrencies used in each commission.

It also has ahigh throughput of transactions and short-time processingto such a degree that achieved 50,000 transactions per second, this is obtained by the process linearly transactions to create an order that is verifiable to all the activity of the network.

This cryptocurrency presumed to guaranteelow prices in transactions, lower than 0.01 dollars for both developers and users, thanks to their scalability.

Price of the solana cryptocurrency

1. Time:15:55 (UTC)
2. Cost: 32.67 usd

• Change in the last 24 hours:5.09%
• Change in last hour: 0.76%
• Popularity capitalization: #10

Cryptocurrency, what is it and how does it work?

The digital coins were born in 2008as an alternative to the devaluation of several currencies, as a result of the economic crisis of that year.

The first digital asset created was thebitcoinand with the time arose others, such aslitecoin, ethereum, bitcoin cash, ripple, dogecoin, some of the most popular.

The cryptocurrencies work throughcryptographic encryption guarantees the security of transactions, as well as the control of the generation of their units.

In order to make transactions,the cryptocurrencies use decentralized database, blockchain or ledger shared.

It is worth mentioning that the cryptocurrencies, are digital assets that do not physically exist and, unlike currencies such as the dollar, the euro or the weight, are not regulated by any institution and does not need an intermediary in the transaction.

The latter has caused criptomonedas not be seen with good eyes by the formal market accusing them of being inconfiables, volatile, to promote scams, it does not have a legal framework that supports its users, allowing the operation of illegal activities, among others.

However, little by little, has opened the path to such a degree that companies, millionaires and even governments have encouraged or licensed their use.

One of the richest men in the world, Elon Musk, has made comments in favor of criptomonedas as bitcoin and dogecoin, allowing to temporarily use the company's electric cars Tesla, which has triggered the increase of your cost.

In El Salvador, the president Nayib Bukele legalized bitcoin, being the first country to do so. In the case of Mexico, one of the entrepreneurs most affluent in the country, Ricardo Salinas Pliego, has made public its intentions to accept criptomonedas in their companies, one of its main -store-Elektra - already does.

For his part, the president of Argentina, Alberto Fernandez, has been suggested to use use to combat inflation. Even in Peru, the Central Reserve Bank warned that he worked on a project for digital currency of its own.