Is Solana decentralized?

Despite this, other factors such as Solana's token distribution show that the network is currently not as decentralized as it could be. Solana has gained many new users this summer thanks to its fast transactions and low fees. However, critics have pointed out that the network may not be as decentralized as people think. What Is Decentralization?

How much did Solana labs raise?

Solana Labs, the developer of the Solana blockchain, has raised $314.15 million in a private token sale round led by Andreessen Horowitz (a16z) and Polychain Capital. Other participants in the round included Alameda Research, CMS Holdings, CoinShares, Jump Trading, Multicoin Capital, Sino Global Cap...

Is a decentralized ridesharing service possible on Solana?

It’s not a new concept— Ethereum co-creator Vitalik Buterin theorized it years ago, and other startups have attempted to create a decentralized ridesharing service. But now the Decentralized Engineering Corporation (DEC) thinks it has the right model, and it has raised funding to bring it to life on Solana.

What is the Solana creator fund?

The Solana Creator Fund is just one of the many community initiatives empowering creators, so be sure to follow Solana on Twitter for future announcements. And if you’re a creator who wants to join the crypto revolution, get in touch here.