Transfers to Centralized Exchanges in the Month of December 2021
Solana is a web-scale blockchain that provides fast, secure, scalable, decentralized apps and marketplaces. Solana aims to improve blockchain scalability by using a combination of proof of stake consensus and so-called proof of history. As a result, the system supports 50,000 TPS (Transactions per second) and 400ms Block Times. Its internal cryptocurrency is SOL. Centralized exchanges are platforms which facilitate the buying and selling of cryptocurrency, either for fiat currencies, like the US dollar, or between digital assets, like BTC and ETH. They function as trusted intermediaries in trades, and often act as custodians by storing and protecting your funds. Leading exchanges facilitate every aspect of the digital asset trading experience: from security, to fair market pricing, to regulatory compliance, consumer protection, and access to various digital assets.