Audit Date: 27 September 2022
ECOSYSTEM SCORE
27 September 2022
78
ALERTS
Sep 19, 2022

Devnet - RPC Nodes - US-RPC : was down on Sep 16, 2022 for 7.5hr. and Sep 17, 2022 for 45min.

Sep 19, 2022

Devnet - Cluster was down on Sep 16, 2022 for 2hr. and Sep 17, 2022 for 45min.

Aug 19, 2022

Partial Outage - Devnet explorer was down for 6.75hrs on August 18, 2022

Aug 11, 2022

Testnet - RPC nodes was down for 19 hrs on Aug 10, 2022, Now it is currently working fine.

Aug 11, 2022

Testnet - cluster was down for 19 hrs on Aug 10, 2022, Now it is currently working fine.

Aug 10, 2022

Testnet - RPC nodes are down since 7hrs.

Aug 10, 2022

Testnet - cluster is down and validator are currently working on restarting the cluster.

Aug 04, 2022

Explorer was partially down for 3 hrs on Aug 3,2022

Aug 04, 2022

Mainnet Beta - RPC Nodes was partially down for 3 hrs on Aug 3,2022

Aug 01, 2022

Mainnet Beta Cluster - working fine

Jul 28, 2022

Mainnet Beta Cluster - Major outage for 4 hrs on June 01, 2022

REVIEW NOTES
Sep 14, 2022

Documentation score decreased as decrease in Node setup score

Sep 14, 2022

Foundational tools score decrease as some of the sdks are not working

Aug 02, 2022

Ecosystem score decreases due to decrease in Protcol support score

Jul 04, 2022

Adoption score increased by fetching data like developer, repository, etc.

Jul 04, 2022

Add-ons score increased due to addition of library from VSCode, Intellij, etc.

Jun 21, 2022

Developer community score is increased as new data has been added.

PERFORMANCE
Empty container
100
NODES

2,041 nodes

WRITE SPEED

1 ms

READ SPEED

1,018 ms

GAS FEES

1,729,617,862 gwei

UP TIME

100%

PERFORMANCE MATRIX VALUE MONITORED AT
Gas Fee 1,729,617,862 gwei
Write Speed 1 ms
Read Speed 1,018 ms
Uptime Percentage 100%
Node Count 2,041 nodes
Reddit Total Members Online 1,200 members
Reddit Total Members 153,000 members
Discord Total Subscribers Online 11,483 subscribers
Discord Total Subscribers 133,297 subscribers
Telegram Err 0 err
Telegram Ppm 0 ppm
Telegram Views Per Post 0 views
Telegram Total Subscribers Online 3,154 subscribers
Telegram Total Subscribers 74,553 subscribers
FOUNDATION TOOLS
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70
ESSENTIAL TOOLS
PROGRAMMING LANGUAGE SUPPORT
SDKs
DOCUMENTATION
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73
API DOCUMENTATION

Exists

100
NODE SETUP

Exists

90
SKELETON CODE

Doesn't Exists

VALIDATOR NODES

Exists

100
GRANT PROGRAM
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50
AVAILABLE GRANT

N/A

ADD-ONS
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100
THIRD PARTY SERVICES
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66
PROTOCOL SUPPORT
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40
ADOPTION
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100
DEVELOPERS

19,833

REPOSITORIES

107

COMMUNITY
Empty container
100

Overview

The Solana project that came into existence in 2017 is run by Geneva-based Solana Foundation, which was founded to accelerate the mass adoption of the blockchain technology. The Solana blockchain was developed by Solana Labs. With an approximate TPS of 1,249, Solana is positioned among the fastest blockchains. The average cost per transaction is approximately $0.00025, which is considerably lower than many popular blockchain platforms. It’s a public, open-source blockchain that aims to solve the blockchain trilemma.

About Solana

Solana is a high-performance blockchain protocol ideal for hosting scalable dApps. It is one of the first web-scale blockchains in the world and is known for its fast network—thanks to its high throughput. It’s an aggressively growing ecosystem with thousands of live projects in areas like DeFi, NFTs, and Web3.

Consensus Mechanism

Solana follows a combination of Proof of Stake (PoS) and Proof of History (PoH) consensus mechanisms. PoH’s uniqueness lies in its time keeping ability, and is used to encode trustless passage of time into Solana’s ledger. It employs the VDF or Verifiable Delay Function which uses historical occurrences to timestamp transactions.

Key Features

  • Solana uses a performant mempool management solution called Gulf Stream.
  • Solana’s high scalability ensures the transaction cost remains less than $0.01.
  • The blockchain exhibits great speed with around 400 milliseconds of block time.
  • Solana is the first blockchain to use Proof of History.

Founders

Anatoly Yakovenko, Greg Fitzgerald, Stephen Akridge, and Raj Gokal are the founders of Solana. However, Solana was first proposed by Anatoly Yakovenko in a white paper in 2017, where he also talked about Proof of History.

Popular Use Cases

  • Star Atlas is a multiplayer, space-themed exploration video game.
  • Raydium is an Automated Market Maker (AMM) or liquidity provider built for the Serum DEX.
  • Serum is a high-speed decentralized exchange that aims to make DeFi as fast and convenient as centralized exchanges.
  • Magic Eden is a leading NFT marketplace built on Solana designed to facilitate the minting and trading of NFTs.