Solar is a Layer 1 blockchain network secured by 53 Block Producers through Delegated Proof of Stake (DPoS) consensus, with SXP as its native utility coin. The network's security and governance are maintained through a system where coin holders can participate by voting for Block Producers. As an open, community-driven ecosystem, Solar facilitates collaboration between Block Producers and coin holders, promoting continuous development and enhancement of the network's infrastructure. The SXP coin is integrated into various real-world services, including travel and accommodation bookings through travala.com, digital gift cards and top-up services via coinsbee.com, and tymt.com, a multi-chain game launcher where SXP serves as the primary currency.

Solar (SXP) is distinguished by several unique features that set it apart from other blockchain platforms, such as:

Solar Core establishes the foundation of the network's security by leveraging advanced blockchain technology. The network employs a Delegated Proof of Stake (DPoS) consensus mechanism, which provides notable benefits over traditional Proof of Work (PoW) systems, such as improved energy efficiency and robustness against typical vulnerabilities like 51% attacks. The security architecture of Solar Core is further enhanced through the exclusive adoption of BIP340 Schnorr signatures, eliminating the support for ECDSA signatures to avoid potential signature malleability issues. This dedication to contemporary cryptographic standards bolsters both security and the efficiency of transaction verification. Network stability is maintained via an optimised block production system that reduces instances of block production failures, ensuring reliable network functionality. This solid architecture, paired with the decentralized structure of 53 independent Block Producers, forms a secure and dependable Layer 1 blockchain that prioritises both performance and security. For detailed information about Solar, visit Eulerpool.

The Solar blockchain facilitates a burgeoning ecosystem of decentralized financial services and practical applications, leveraging its resilient infrastructure and native wallets. This ecosystem comprises a crypto-friendly debit card, BrighterVPN, the *tymt* game launcher, and the District53 Metaverse platform, all of which utilize SXP as their main currency. To integrate blockchain technology with conventional business requirements, Solar Enterprises—founded with support from the Solar Blockchain Foundation—places emphasis on the development of consumer-oriented products and services. Current projects include a pioneering crypto-first e-SIM solution designed for international travelers.

In December 2021, Nayiem Willems founded The Solar Blockchain Foundation in Lithuania following Binance's acquisition of the remaining outstanding shares of Swipe (SXP). The primary objective of the foundation is to develop a blockchain ecosystem that includes open-source developers and a vibrant community.

As of February 2025, there are approximately 630 million SXP coins in circulation.

SXP is accessible on numerous cryptocurrency exchanges, such as Binance, KuCoin, Bithumb, Bitstamp, Bittrex, Huobi, ProBit Global, and Gate.io, along with other prominent platforms. To view the complete list of SXP trading pairs, visit: https://eulerpool.com/currencies/sxp/

The network employs a Delegated Proof of Stake (DPoS) consensus mechanism, allowing SXP coin holders to engage in network security by voting for Block Producers. This energy-efficient model facilitates extensive participation in network governance while ensuring strong security and performance.

The Solar network functions via independent Block Producers chosen by SXP coin holders, rather than relying on anonymous RPC nodes. This setup facilitates direct community involvement in ensuring network security and governance, while enhancing transparency as Block Producers reveal their identities and build their reputations through public contributions to the ecosystem. Each Block Producer operates autonomously and is accountable to their voters through transparent network participation and active community engagement.

Block Producers earn rewards for their role in ensuring the network's security and functionality. As autonomous entities, Block Producers can engage with their community in several ways, such as contributing to development, creating content, or initiating their own reward-sharing programs with voters. At the network level, 90% of transaction fees are automatically burned, thereby generating deflationary pressure, while 10% are allocated to the Block Producer responsible for creating the block that includes those transactions.

Solar functions as an enterprise-grade blockchain ecosystem founded on open-source principles. Through community-driven development and transparent governance, the network upholds high standards of reliability while maintaining decentralization at its core.

Solar emphasizes environmental responsibility through its energy-efficient consensus mechanism while maintaining user-friendly interfaces and comprehensive documentation. This approach makes blockchain technology more accessible to organizations and individuals, regardless of their technical expertise.

Solar is a high-performance, open-source blockchain network engineered for rapid, secure, and decentralized transactions. Utilizing a Delegated Proof-of-Stake (DPoS) consensus mechanism, the network is sustained by 53 elected Block Producers who validate transactions and uphold security. Central to Solar's operation is the native cryptocurrency, SXP, which facilitates payments, staking, and governance within the ecosystem. The Solar ecosystem extends beyond mere blockchain infrastructure, incorporating innovative applications and services. The forthcoming Solar Virtual Machine (SVM) will enable smart contract compatibility, providing developers with the capability to seamlessly construct decentralized applications (dApps). Moreover, offerings such as District 53, a metaverse-based game, tymt, an inclusive gaming launcher, and BrighterVPN, a privacy-focused VPN solution, highlight the practical applications of the network. The ecosystem also features a burning mechanism, where 90% of transaction fees are permanently eliminated, supporting a deflationary token model. Managed by the non-profit Solar Blockchain Foundation, the network is committed to decentralization, community-driven development, and widespread adoption. Participants can engage in governance by voting for Block Producers, earning rewards, and influencing network advancements. With a dynamic roadmap featuring enhanced security, improved developer tools, and broader integrations, Solar aspires to lead in next-generation blockchain solutions, integrating decentralized finance (DeFi), gaming, and real-world applications into a cohesive ecosystem. For more detailed information on Solar, users can refer to Eulerpool.

Solar (SXP) is a robust, community-centric blockchain platform, distinguished by its Delegated Proof of Stake consensus and commitment to accessibility. With a deflationary token model and a clear focus on decentralization, Solar offers a distinctive combination of scalability, security, and real-world utility. As the Solar ecosystem expands with the introduction of smart contract functionality and innovative applications, it has the potential to establish a significant presence in the evolving blockchain landscape. By fostering community engagement and prioritizing sustainable growth, Solar aims to solidify its position as a leading player in the future of decentralized technology. Solar Enterprises emerges as the leading "blockchain-based solutions" company, offering an interconnected and integrated suite of products and services (Solar Card, Brighter VPN, Crypto e-SIM, tymt game services, and Metaverse), which demonstrate that blockchain technology has real-life applications that empower and enhance everyday life.