SOLANA ICO REWIEWsteemCreated with Sketch.

in #ico6 years ago (edited)

solana.png

CONCEPTS

Solana is the next blockchain platform that wants to tackle blockchain trading with a target of 710,000 TPS.
To solve that problem, Solana has:
Using Moore's Law and Moore's Law is explained as follows: "Moore's Law is a major turning point in the electronics industry, explaining why producers can reduce costs while continuing to do so. Improving hardware performance With Moore's law, the number of transistors per square inch will double every year. "
Use Proof of History (PoH) as a scalable solution (not sharding).
Encryption of time drift as data.
Intelligent contract support: Initially it will be written in Solidity and JS, and then changed to a more secure language for high throughput.
Solana's opponents: Ethereum, NEO, QTUM, EOS, ICON, Quarkchain ...

PRODUCT
Has built the Single Node & MultiNode testnet.
There are Github, the team regularly update code.
Github: https://github.com/solana-labs/solana

TEAM
Rating: Strong

ADVISER
Rating: Moderate

INVESTORS
Rating: Moderate

PARTNER
Rating: Currently no information

CONCLUSION
Solana's team brings together engineers with years of experience in the field of engineering, has made Qualcomm, Intel and other well-known technology companies. Obviously with such an experienced background we have hope for the development team to know what they want to do and what to do to create the product as desired.
Although there is no MVP video on the site, Solana's Github has updated the source code and has full instructions on how to run the testnet, the Single Node and the Multinode.
Track the current roadmap Solana is still sticking to the plan set out. If Solana keeps up with the current progress, the moment they start selling tokens (Q1, 2019) is when they have a complete blockchain platform in hand. This is a huge plus.
However, Solana has not yet announced plans to call and how much capital is called.
Based on the information analyzed, here is your point of view on buying this project's tokens:

Short Term: Neutral. (waiting for more information on token metrics)
Long Term: Good.