SOLANA AND METAPLEX
The digital assets on the Blockasset platform are developed on the Solana blockchain, with NFTs developed via the Metaplex facility.
Solana uses a form of consensus relating to “Proof of History” and can process transactions at high speed and low cost. This mitigates the poor user experience (high fees and slow speeds) on current NFT marketplaces and exchanges and allows us to lower the barrier to entry for newcomers to the NFT and crypto scene.
We see Solana as the holy trinity of blockchain thanks to low fees, security, and speed. Many high-profile projects such as FTX Derivatives and, more recently, Power Ledger now run on the Solana blockchain.
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