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Solar is a decentralised and energy-efficient delegated proof-of-stake (DPoS) blockchain network. Unlike many traditional blockchains, Solar utilises the Delegated Proof of Stake (DPoS) Consensus powered by Solar Core.
This makes the Solar Blockchain sustainable, efficient and fully decentralised without the known issues from traditional Proof of Work (PoW) blockchains such as being energy intensive or open to centralised attack vectors.
SXP is the native utility token of the Solar blockchain. Users can stake it to secure the network and earn rewards, and pay transaction fees on the Solar blockchain. They can also help govern the Solar blockchain by proposing and voting on changes to the protocol, and earn rewards for providing liquidity. Additionally, Solar DApps use SXP as their primary currency.
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