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Solana is a high‑performance, permissionless Layer 1 blockchain designed for fast, low‑cost decentralized applications and crypto transactions. It achieves its speed and scalability through a unique consensus mechanism that combines **Proof of History (PoH)** with **Proof of Stake (PoS)**. **Key points** | Aspect | Details | |--------|---------| | **Consensus** | Proof of History creates a verifiable ordering of events, while Proof of Stake secures the network and selects validators. | | **Per

Governments can regulate cryptocurrency through a combination of legal, technical, and supervisory measures. Below are the main approaches they typically use, along with examples of how they’re applied in practice. --- ### 1. **Legal & Regulatory Frameworks** | Area | What It Covers | Typical Tools | |------|----------------|---------------| | **Classification** | Define crypto assets (e.g., securities, commodities, currencies) | Securities laws, commodity‑future regulations, AML/CFT statutes