What is the difference between Ethereum and Solana?

What is the difference between Ethereum and Solana?

Ethereum uses a consensus mechanism called Proof of Work (PoW) which is the process by which nodes in the Ethereum network agree on changes to the ledger. It has proven itself to be decentralized, secure and anonymous so far, but there are some disadvantages associated with it. Proof of work is an economic measure to deter denial of service attacks and to control the creation of new blocks on the blockchain. It requires a node in the network to solve a difficult mathematical puzzle in order to create a new block and be rewarded with cryptocurrency. This process is known as mining. However, Proof of Work comes at a cost. Not only does it require significant energy resources, but it...

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Brand new and want to purchase your first NFT?

Brand new and want to purchase your first NFT?

irst off — Welcome to what is a new world that is constantly changing and evolving. Getting into crypto and especially NFTs is a different type of experience unlike traditional financial markets. Here… we don’t get sleep, we forget to eat, and everybody else is normies and they’re ngmi (not gonna make it — crypto talk… spend 2 days here and you’ll find out)… kidding… we’re mostly normal or we pretend to be at least. Oh, what a journey you are about to be on. So, in this article we want to break down for you virtually step-by-step how to purchase your first NFT. LFG!! (what? again, you should really be on Twitter if you’re gonna be here)… You are...

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