Okay I don’t really think I understand wtf Solana is
Discussion
😅
I just want someone to please explain it to me… 😂
I think it takes an expert to explain it to you properly without lying to you. Many understand Bitcoin. It's easy.
I don’t know but isn’t it just an ETH duplicate?
Tbh I don’t know… I’m going to research this I think actually
Pretty sure it’s smart contracts
Yes it has smart contract. I have some via audius.co which is a major disappointment (sad, could have been good). Don't take my word for it; wouldn't call myself an expert in it, but from what I've seen this gif sums it up very well.
According to what i think i know, it's a blockchain version of a loan. So basically you collateralize either sol or a stablecoin with Bitcoin or crypto. But i don't know much about it anymore, i don't know if the interest rates are different and i don't know why in the ef you would ever want someone to lend you shitcoins. DYOR.
It's a Blockchain... Sponsored by a16z
Ahhhhh interesting. Dude I heard today that ripple bought the solana foundation… is that true?
Trust me, it's better to keep that way
A spreadsheet, but glorified.
I don’t understand it either, but I also haven’t tried very hard.
So it's like, a SQL server, but there's more than one server. But not too many. And if you have keys in one table they'll let you define records in other table. And if the people running the servers don't like what you do they'll take your keys or freeze them. But they like to call it decentralized, because there's more than one server.
Ahhhhhhhh