Welcome!
Welcome to the best starting point for developers looking to learn web3 and blockchain!
What is Solana ?
Solana is a high performance decentralized blockchain network built for mass adoption with low network fees( $0.00025 ) . It is utilized for a range of use cases, including De-fi, NFTs, payments, and gaming. Here are the key features of Solana is :
| Feature | Description |
|---|---|
| Onchain Program Development | The ability to develop and deploy programs onchain. Users can interact with these programs permissionlessly, removing the need for middleman servers. |
| 400ms Slot Times | Every transaction sent by users on Solana is confirmed in a block. With a target slot time of 400ms for each block, users do not have to wait. |
| Low Fees | Fees on Solana are well known to be low. With a median fee of 0.00064 SOL per transaction, Solana enables building for users worldwide. |
| High Throughput | Scaling to thousands of transactions per second, Solana is built to scale with your application's user needs. |
What is Web3 ?
Web3 is more open, transparent, next- generation internet where individuals have greater control over their digital assets. It's designed to be more decentralized, secure, and user-focused. Here are the some key aspects of Web3 :
-
Decentralization: Unlike Web 2.0 technology , where all the services relies on centralized servers , Web3 uses blockchain technology where we don't have any servers and data distributed and operates across a network of computers.
-
Cryptocurrencies and Tokens: Multiple Web3 protocols and introduces their native digital currencies and tokens such as SOL , ETH that can be used for various purposes within decentralized applications (dApps). These can represent assets, rights, or access to services.
-
Smart Contracts: It's an self-executing contracts with the terms of the agreement / functions directly written into code. Smart contracts automatically enforce and execute agreements when predefined conditions are met.
-
dApps (Decentralized Applications): Applications built over on blockchain networks that operate without having centralized authority. Examples include decentralized finance (DeFi) platforms, decentralized exchanges (DEXs), and NFT marketplaces and many more.
-
Interoperability (Cross-Chain): Web3 promotes interoperability / cross-chanin transfers between different blockchain networks and platforms, allowing for seamless interaction and integration. Examples of Cross-Chains protocols are Wormhole, Axelar etc.
Objective of Course
By the end of this lesson, you'll be able to:
- understand what web3 is
- understand what Solana is
- learn how be Solana Core Developer