TOOLS LANDSCAPE ON SOLANA

In this article we are going to tackle about the tools landscape on Solana. But before we get into that, if you still don’t know what crypto tools are, here’s a short description about what crypto tools are. Crypto tools are tools that are intended to aid cryptocurrency traders in improving their crypto trading tactics and portfolios. Crypto trading platforms, crypto research, crypto charting tools, cryptocurrency data feeds, portfolio trackers, calculators, and other tools are available.

So now that you have a basic idea of what crypto tools are, here’s a list that you can use in your trading and investment journey in Solana.

· SOLSCAN

Solscan is the leading explorer on the Solana ecosystem. They offer more than just a way of displaying transactions, accounts, or tokens. Solscan provides a wide range of tools to assist Solana users in making sense of what happens in the Solana blockchain, managing their accounts, and looking for investment opportunities across various platforms in the ecosystem.

· SOLANA EXPLORER

The Solana Explorer allows users to look up transactions and accounts on the various Solana clusters.

· SOLANA BEACH

Explore the Solana blockchain: statistics, validators, token metrics, and news about the overall ecosystem || brought to you by Staking Facilities & VGNG. Solanabeach is a comprehensive block explorer highlighting core Solana statistics. Stakeholders of the Solana blockchain may seamlessly explore the network’s statistics, validators, and token metrics.

· SOPHON

Sophon is a data engine for web3. Be the first to know the unknowns. Builders DM for early access.

· SYMMETRY

Create your basket of tokens, diversify your crypto portfolio, manage risk & earn passively. Symmetry makes it easy to create and invest in custom crypto indices. With Symmetry, you can create your own index, or purchase one created by someone else. When creating an index, you can select all assets that you want to be included in the index, as well as their corresponding weights, and rebalancing method. Type of rebalancing you choose is important and will affect overall performance of the index, because of this, they created Index Simulator.

· CHAINCRUNCH

The go to place for on-chain data for Solana. Providing APIs, analytics, and insights for developers, investors, and traders. Dashboards, metrics, and insights for data analysts, investors, and dApps.

· SOLANAFM

The First Solana Indexer. Access data from the Solana Blockchain with a click of a button with built-in APIs.

· APE BOARD

Ape Board is Cross-chain DeFi Dashboard. They currently support Ethereum, Binance Smart Chain, Terra, Solana, Binance Exchange and Polygon. You can simply input your address and Ape Board will track and show all your DeFi activities across multiple chains. How simple is that!

· SONAR WATCH

Sonar Watch brings a complete overview of a wallet or public address on the Solana Blockchain. We aim to show on a single page the metrics needed to show the user exactly what state their portfolio is currently in. The tracker takes into account tokens, LPs, farms and staking aggregated on a single dashboard in the lightest way possible. We also support NFTs as they may have monetary value. Our Dashboard will allow users to analyze their performance on all different assets through historical charts on TVL, Supply, APR and prices as well.

· SERUM PULSE

The premier analytics platform for the ProjectSerum and solana community! TVL, APR, account balances, and staking data.

· FIGMENT

Infrastructure / Research / Application layer solutions for Web 3. Institutional Staking on 50+ PoS networks. Combining Experience with a Passion for Web 3. Serving customers worldwide, Figment is one of the world’s largest blockchain infrastructure and services provider.

· ALEPH.im NETWORK

Aleph is a cross-blockchain layer-2 network specifically focused on decentralized applications and their related infrastructure (storage, computing servers, security). Our aim is to decentralize and revolutionize the web and the cloud as we know it. Current decentralized applications are generally unreliable and slow or tied to single blockchain architecture. Decentralized applications need to not only overcome these issues, but they also need to be able to communicate with other projects. The large majority of current blockchain-related technologies cannot scale to the levels needed for large applications (social networks, web apps, IoT providers, etc) we use on a daily basis. Aleph intends to provide a solution to these issues by offering fast single cross-technologies and cross-chain solution on a decentralized and reliable ecosystem.

Solana is an open source project implementing a new, high-performance, permissionless blockchain. The Solana Foundation is based in Geneva, Switzerland and maintains the open source project. It is possible for a centralized database to process 710,000 transactions per second on a standard gigabit network if the transactions are, on average, no more than 176 bytes. A centralized database can also replicate itself and maintain high availability without significantly compromising that transaction rate using the distributed system technique known as Optimistic Concurrency Control [H.T.Kung, J.T.Robinson (1981)]. At Solana, we are demonstrating that these same theoretical limits apply just as well to blockchain on an adversarial network. The key ingredient? Finding a way to share time when nodes cannot rely upon one another. Once nodes can rely upon time, suddenly ~40 years of distributed systems research becomes applicable to blockchain! Perhaps the most striking difference between algorithms obtained by our method and ones based upon timeout is that using timeout produces a traditional distributed algorithm in which the processes operate asynchronously, while our method produces a globally synchronous one in which every process does the same thing at (approximately) the same time. Our method seems to contradict the whole purpose of distributed processing, which is to permit different processes to operate independently and perform different functions. However, if a distributed system is really a single system, then the processes must be synchronized in some way. Conceptually, the easiest way to synchronize processes is to get them all to do the same thing at the same time. Therefore, our method is used to implement a kernel that performs the necessary synchronization — for example, making sure that two different processes do not try to modify a file at the same time. Processes might spend only a small fraction of their time executing the synchronizing kernel; the rest of the time, they can operate independently — e.g., accessing different files. This is an approach we have advocated even when fault-tolerance is not required. The method’s basic simplicity makes it easier to understand the precise properties of a system, which is crucial if one is to know just how fault-tolerant the system is. [L.Lamport (1984)]. Furthermore, and much to our surprise, it can be implemented using a mechanism that has existed in Bitcoin since day one. The Bitcoin feature is called nLocktime and it can be used to postdate transactions using block height instead of a timestamp. As a Bitcoin client, you would use block height instead of a timestamp if you don’t rely upon the network. Block height turns out to be an instance of what’s being called a Verifiable Delay Function in cryptography circles. It’s a cryptographically secure way to say time has passed. In Solana, we use a far more granular verifiable delay function, a SHA 256 hash chain, to checkpoint the ledger and coordinate consensus. With it, we implement Optimistic Concurrency Control and are now well en route towards that theoretical limit of 710,000 transactions per second.