What Is Solana?

START HERE · BEGINNER GUIDE 04

Solana is the blockchain I used to create Griff Coin. Here is what that means without getting buried in technical detail.

About a 2–3 minute read

Solana is a blockchain network

Solana is a public blockchain designed to process transactions and run blockchain applications. Its native cryptocurrency is SOL.

Just as different computers can run different operating systems, crypto projects can be built on different blockchain networks.

What is SOL used for?

SOL is used across the Solana network, including paying transaction fees. Those fees are normally small amounts of SOL.

SOLANA

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SOL

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FEES & NETWORK USE

SOL is the native coin. Other assets can also be created on Solana.

Tokens can be built on Solana

Projects can create tokens that use Solana’s infrastructure rather than creating an entirely new blockchain.

SOLNative coin of the Solana network.

GRIFFA token created on Solana.

This is why SOL and GRIFF can both appear in a Solana wallet while still being different types of asset.

Why did I use it?

For Griff Coin, Solana gave me a real network where I could learn about creating a token, wallets, transactions, explorers and liquidity using an actual on-chain project.

GRIFF COIN EXAMPLE

GRIFF has its own token mint address on Solana. That address is important because names and logos can be copied, while the mint address identifies the actual token.

One network among many

Solana is not the only blockchain. Bitcoin, Ethereum and many others work differently and have different trade-offs.

Beginner rule: always check which network you are using before sending crypto. Sending an asset using the wrong network or address can cause permanent loss.

You’ve learned the basics

That is enough for now. Pick another short guide when you are ready.

WHAT IS A CRYPTO TOKEN? →Next beginner guide HOW DO YOU BUY, SELL & SWAP CRYPTO? →Start Here guide LIQUIDITY, MARKET CAP & PRICE →Start Here guide

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