1. Basic information and token sale

Project name: Solana

Website: https://solana.io

Whitepaper: https://solana.io/solana-whitepaper.pdf

English Telegram: https://t.me/solanaio

Vietnam Telegram: https://t.me/SolanaVietnam

Proof of History: https://medium.com/solana-labs

Github: https://github.com/solana-labs

Token symbol: Solana

Token type: The wallet was created specifically for Solana token

Status: Currently, being in the Private sale period

Token sale: Q1, 2019- Haven’t specific information yet

Target of raising capital: Haven’t set up yet

2. What is Solana? Technological ideas

Blockchain with extremely high performance, up to 710K transactions per second ( tps )

Using Proof of History, Time and Data Encoding creating proof and simple, effective protocols. Allowing for efficient scalability without sharding.

Throughput Optimized Architecture. Throughput is only dependent on the hard drive limit, not on consensus.

Proof of Replication is designed to store a largely distributed ledger.

Smart contract is written in the form of portable code (bytecode) for high efficiency.

3. Opponent comparison

4. Solana Team

Anatoly - The creator of Solana. He led the development of operating systems at Qualcomm - The US global semiconductor company specialized in designing and marketing wireless telecommunications products and services has 157 offices worldwide (compared to Apple, Intel, etc.), distributed systems at Mesosphere, and compression at Dropbox. He holds 2 patents for high performance Operating Systems protocols, was a core kernel developer for BREW which powered every CDMA flip phone (100m+ devices), and led development of tech that made Project Tango (VR/AR) possible on Qualcomm phones.

Greg Fitzgerald - The principal architect of Solana. Formerly of Qualcomm's Office of the Chief Scientist, Greg has explored the full landscape of embedded systems (receiving sensor input and adjusting output based on the input). He created a bidirectional RPC bridge between C and Lua for the BREW operating system, helped launch the ARM backend for the LLVM compiler toolchain, and published a variety of open source projects including a streaming LLVM optimizer in Haskell, license analysis tooling in Python, and a reactive web framework in TypeScript.

Raj Gokal - Raj leads operations, product, and finance. He has spent 10 years in product management and finance. He was a venture investor at General Catalyst, and led product management at Omada Health as it grew tenfold.

Eric Williams - Eric heads data science and token economics (token release process). He completed a postdoc in Medical Physics at Memorial Sloan Kettering Cancer Center and later led data science at Omada Health.

Alan Yu - Alan heads partnerships and community. He spent 10 years at Google in sales and marketing

Stephen - Stephen spends all his time in the codebase. He has 10 years of critical GPU optimization expertise at Qualcomm and Intel.

Advisor-(haven’t updated)

5. Roadmap

November 2017 – Ideas and Whitepaper

February 2018 - Public Whitepaper + The first node testnet with 35k tps

June 2018 - Multinode testnet and Public Demo

September 2018 - Public Beta

Q4 2018- Live mainnet

Q1 2019 - Token distribution and partnership development

6. Products

Publicized Testnet with 35k transactions per second.

See more about product sources, presentations:

�Proof of History presentation:

https://www.facebook.com/alan.yu.

⏲Background on Verifiable Delay Functions (not by us):

https://www.youtube.com/watchadena

7. Community

Have a workshop with four partners, including Dfinity which created a boom in the community for Solana

For details, please visit: https://www.meetup.com/Solana-SF/events

Telegram: Develop rapidly from 200 members up to 5000 members at the current time in just 7 days

Good member quality. Admin knows how to navigate on Telegram. The topics are discussed around the technical issues.

Comments:

Strong points:

Strong development team including pivotal members from the large electronics corporations such as Qualcomm, Intel, Google and technology implementation guarantee

Clear project ideas, directly addressing the existing problems in the old blockchain system

Having Testnet product with high processing speed (35k tps )

High hype index in the community, good community quality

Things to note:

The project has not yet publicized Hardcap, and no plans for public sale until Q1 2019, limiting the amount of investors in this period. Mostly just new, large investors and strategic partners are allowed to join, and the community will have to wait for the TGE event releasing tokens in Q1 2019. Thus, there is high risk that sharks will hold tokens.

The project has many competitors such as EOS at the current time, and DAG models promise high speed transaction processing

In conclusion:

High potential project, stable level of technology implementation, and can be long-term investment. Following more about TGE plan publicized in Q1 2019

Rate from Icogens.com:



HYPE RISK ROI TERM ICOGENS ' SCORE HIGH LOW HIGH LONG HIGH

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*Note: All the information (on icogens.com) including tokens sales, “interest level”, ROI rate, hype rate, risk rate are our subjective opinion and only for informational and educational purposes. The information ICO Gens provides is not an investment advice.

HYPE: is defined as the level of concern over a project and its FOMO. This score is based on the number of people joining a project’s social channels such as Reddit, Telegram, Twitter, Facebook, Bitcointalk, Medium or Slack as well as the number of review articles produced by the third party.

RISK: the risk rate of the project. Based on this score, you can find more spam warnings of the project. More specifically, RISK is about the transparency of the project, its idea, members of the development team, roadmap and whitepaper. (RISK is rated regardless ROI rate of the project).

ROI: (Return on Investment): the rate of profit a project can bring to investors (ROI is considered separately from RISK. ROI can be rated High and RISK can be rated High as well).

TERM: this factor reveals the length of time you should hold token or coin of a project. The period of time can be Short, Medium or Long.

ICOGENS ’ SCORE: this score can be decided by scores of four other scores or it will reflect the level of interest ICOGENS ’ team has in the project. This score is separated from ROI score. It just shows how much Icogens core team concern the project.

You are reading [ICO REVIEW] - Solana - New Blockchain - 100k times faster than Bitcoin, from the section ARTICLES.

Source: icogens.com