https://github.com/mdsamsuzzohashayon/solana-smart-contract
Learning Solana Smart Contract development from basic to project
https://github.com/mdsamsuzzohashayon/solana-smart-contract
Last synced: 7 months ago
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Learning Solana Smart Contract development from basic to project
- Host: GitHub
- URL: https://github.com/mdsamsuzzohashayon/solana-smart-contract
- Owner: MdSamsuzzohaShayon
- Created: 2025-03-01T16:53:01.000Z (7 months ago)
- Default Branch: master
- Last Pushed: 2025-03-02T03:54:56.000Z (7 months ago)
- Last Synced: 2025-03-02T04:26:12.054Z (7 months ago)
- Language: Rust
- Size: 1.4 MB
- Stars: 0
- Watchers: 1
- Forks: 0
- Open Issues: 0
-
Metadata Files:
- Readme: README.md
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README
# Solana Smart Contract Guide
[Tutorial-01](https://www.youtube.com/watch?v=FxM0gAZY9Uk&list=PLndmg9UIKNoku3lbeSKyW-RqHt-HRclEu)
[Tutorial-02](https://www.youtube.com/watch?v=ase8K0_p9Ig&list=PLndmg9UIKNoku3lbeSKyW-RqHt-HRclEu&index=2)
## What is Solana?
Solana is a high-performance, decentralized blockchain designed for scalability and low-cost transactions. Unlike Ethereum, which often faces high gas fees and slower processing times, Solana can handle thousands of transactions per second with minimal costs.
### Key Features of Solana:
- **High Performance**: Solana can process up to 65,000 transactions per second (TPS), compared to Ethereum’s ~30 TPS.
- **Low Transaction Fees**: The average transaction fee on Solana is around $0.00025, making it ideal for microtransactions.
- **Security & Decentralization**: Solana uses a unique Proof of History (PoH) consensus mechanism combined with Proof of Stake (PoS) for enhanced security and efficiency.
- **Smart Contract Support**: Solana’s smart contracts are called **Programs** and are written in Rust, C, and C++.
- **Popular dApps on Solana**: Serum (decentralized exchange), Mango Markets (DeFi trading), Magic Eden (NFT marketplace), Solend (lending platform).
## How Solana Compares to Ethereum
| Feature | Solana | Ethereum |
|---------------|--------------------------------|---------------------------------|
| **Consensus** | Proof of History + Proof of Stake | Proof of Stake (formerly PoW) |
| **TPS** | ~65,000 | ~30 |
| **Block Time** | ~400 milliseconds | ~12 seconds |
| **Programming Language** | Rust, C, C++ | Solidity |
| **Transaction Fees** | ~$0.00025 | Can exceed $10+ during congestion |
| **Use Cases** | DeFi, NFTs, Gaming, Payments | DeFi, NFTs, DAOs, Payments |
---
## Solana Blockchain Architecture
Solana’s architecture enables its high-speed and low-cost transactions. It consists of the following components:
### 1. **Transaction Structure**
A transaction in Solana consists of:
- **Signature**: A digital signature proving authenticity.
- **Message**:
- **Header**: Contains general transaction info.
- **Account Address**: Specifies accounts involved in the transaction.
- **Recent Blockhash**: Prevents double spending.
- **Instruction**: Specifies the action being taken.
### 2. **Instructions & Programs**
Smart contracts in Solana are called **Programs**, and they execute specific **Instructions**. Each instruction includes:
- **Program ID**: The smart contract that executes the transaction.
- **Accounts**: The user accounts involved in the execution.
- **Data**: Additional parameters for the instruction.
### 3. **Accounts in Solana**
Unlike Ethereum, where smart contracts store data in contract storage, Solana uses **Accounts** to store both executable code and user data. Accounts are categorized as:
- **Signer Accounts**: Have the authority to sign and execute transactions.
- **Read-Only Accounts**: Can be accessed but not modified in a transaction.
- **Executable Accounts**: Contain smart contracts and execute logic.
- **Rent**: Solana uses a rent system, where accounts must maintain a minimum balance to remain active.
---
## Real-Life Use Cases of Solana
1. **Decentralized Finance (DeFi)**: Platforms like Mango Markets allow users to trade and lend crypto assets with minimal fees.
2. **NFT Marketplaces**: Magic Eden enables users to buy, sell, and mint NFTs with faster transactions compared to Ethereum-based platforms.
3. **Gaming**: Play-to-earn (P2E) games like Star Atlas utilize Solana’s fast transactions for in-game economies.
4. **Payments**: Solana Pay allows businesses to accept crypto payments instantly with near-zero fees.
5. **Crowdfunding**: Platforms can use Solana for transparent fundraising with smart contract-based escrow services.
---
## Solana Development Tools
To build on Solana, developers use various tools:
- **Solana CLI**: Command-line interface for interacting with the Solana blockchain.
- **Solana JS SDK**: JavaScript/TypeScript library for integrating Solana functionality into web apps.
- **Rust SDK**: Used for writing and deploying Solana smart contracts.
- **Anchor Framework**: A Rust-based framework simplifying Solana smart contract development.
---
## Job Market & Career Opportunities in Solana
The demand for Solana developers is rising due to the blockchain’s growing ecosystem. Potential career paths include:
- **Smart Contract Developer**: Write and deploy Solana programs using Rust.
- **Blockchain Engineer**: Develop decentralized applications and integrations.
- **Solana Validator**: Operate a node and contribute to network security.
- **DeFi Analyst**: Work with Solana-based financial applications.
---
## Future of Solana
Despite facing occasional network congestion, Solana remains one of the most promising blockchain networks due to its high speed, scalability, and developer-friendly environment. With increasing adoption in DeFi, NFTs, and Web3, Solana continues to be a strong alternative to Ethereum for high-performance applications.
### Key Takeaways
- Solana offers **faster and cheaper** transactions than Ethereum.
- **Rust-based smart contracts** make it different from Solidity-based Ethereum contracts.
- Its **unique architecture** allows for high scalability and efficiency.
- **Growing job market** for Solana developers with promising career opportunities.
For further learning, check out:
- [Solana Official Documentation](https://docs.solana.com/)
- [Solana Developer Resources](https://solana.com/developers)
## Solana Development Environment
- [Tutorial](https://www.youtube.com/watch?v=15L3knk1yjE&list=PLndmg9UIKNoku3lbeSKyW-RqHt-HRclEu&index=3)
- Node.js
- Rust
- Solana CLI (For deployment) `solana --version`
- [Solana Payground](https://beta.solpg.io/)
- [Solana Hello World](https://solana.com/developers/courses/native-onchain-development/hello-world-program), [Template](https://github.com/solana-labs/example-helloworld)
- Use solana program from [cargo](https://crates.io/crates/solana-program), [Solana program docs](https://docs.rs/solana-program/2.1.14/solana_program/all.html)
- Another tutorial - https://www.youtube.com/watch?v=vUHF1X48zM4&t=26s