Breaking Down the Top 10 NFT Projects

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Breaking Down the Top 10 NFT Projects on the Solana Blockchain
Many ambitious investors sitting on the sidelines with some extra capital to spare and dreams of their money 10x-ing, 100x-ing, and beyond, have begun to consider the prospect of buying NFTs as a means to help speed things up. One of the top places investors have chosen to do this is with NFTs.

As with many speculative and niche investments, when one project buy armenia cell phone number list momentum, all other smaller projects gain equally or more momentum by association. Though the NFT craze really started on Ethereum, fire has since caught on competing blockchains like Solana.

What Makes the Solana Blockchain Special?
solana token selected from a range of cryptocurrencies available including bitcoin, binance, ripple, litecoin, and tether
Founded in 2017 by Anatoly Yokovenko, Solana stood apart from blockchains such as Bitcoin and Ethereum for having a proof-of-stake protocol (mixed with proof-of-history), which has recently generated a lot of press for its more efficient energy usage. Another prime feature of Solana is its high transaction peak capacity of roughly 65,000 transactions per second, in stark comparison to the 15 per second processed by Ethereum and the seven done by Bitcoin.

Let’s be clear – there are some tradeoffs here. The high degree of centralization of Solana is obvious and not hidden. High transaction capacity means that there are only a few specialized nodes running the chain, and in fact, the entire thing can be shut down at will.