#solana

Solana Pay, a decentralized payment protocol by Solana Labs, has teamed up with global commerce leader, Shopify. This integration offers real-time access to funds for merchants, eliminating bank fees, chargebacks, and holding times. Also it enables millions of Shopify merchants to accept payments in stablecoins, enhancing the shopping experience for consumers.

Stated to be a staggering 10 times faster than Solana, the network accomplishes transaction finality in just 250 milliseconds. Trading of the blockchain's native token (SEI) has started on different centralized exchanges, and it's now valued at approximately $0.19. There's also news of an airdrop, but claiming will be permitted only after the "initial warm-up period." The time frame for this warm-up has not yet been revealed.

It appears that Mark and Elon aren’t the only ones itching for a showdown. Following Buterin’s critique of Solana for its scalability being hampered by centralization and significant computational requirements, the community urged Solana’s creator to challenge Buterin to a duel. However, in a display of true intellectual spirit, Anatoly Yakovenko (Solana) suggested an alternative — a game of chess with Buterin. The Ethereum founder has not commented on this proposal yet. Don’t be a menace to South Blockchain...

The Solana Foundation has released a report emphasizing enhanced performance metrics of its blockchain. These cover a range of aspects, including block time, TPS, and network uptime. Solana experienced only one outage in Q1 2023. Since February 25, the network has been running seamlessly. According to Dune Analytics, Solana can handle around 3780 transactions per second.