Solar[SXP]
Solar is an energy-efficient decentralized peer-to-peer payment network system that uses SXP coins.
Solar operates as a Layer 1, open-source blockchain featuring DAO governance and a Delegated Proof-of-Stake Consensus (DPoS). The network relies on 53 delegates, referred to as node operators or validators, for its security and support. Developers working on DApps within the Solar platform can leverage a wide array of features, including smart contracts, decentralized storage, and an abundance of tools and resources, all made available through Solar Core.
The native coin of Solar, SXP, plays a key role within the ecosystem. SXP is utilized for transactions within the network, and holders of SXP have the ability to exercise voting power. This allows users to participate in the selection of new delegates and influence decisions regarding new governance proposals within the Solar blockchain.
The native coin of Solar, SXP, plays a key role within the ecosystem. SXP is utilized for transactions within the network, and holders of SXP have the ability to exercise voting power. This allows users to participate in the selection of new delegates and influence decisions regarding new governance proposals within the Solar blockchain.
Smart Contract PlatformProof of StakeLayer 1 (L1)GovernancePaymentsStaking