Get to know Sollet, the Solana Token Wallet

When talking about Decentralized Finance or DeFi, then of course there are several projects that emerge, one of which is Sollet.

There are lots of promising projects and have gotten a lot of activists, especially cryptocurrency activists.

This time, VCGamers will discuss Sollet, a crypto wallet based on the Solana blockchain.

Also Read: How to Make Crypto Wallet Easily

What are Sollets

Briefly, Sollet is wallet crypto with a browser base that you can use to make transactions such as receiving and sending any SPL tokens and also SOL.

SOL is Solana's main token which has the benefit of being a transaction tool in the blockchain network. In addition, the SPL token is a token that is in the Solana blockchain like BEP-20 and ERC-20.

The Project Serum team is the figure behind the creation of Sollet. The team created a DEX or decentralized exchange at Solana.

Not only transactions receive and send tokens, this wallet can also be a link for users to interact with various decentralized applications or DApps that are in the Solana blockchain safely and securely.

Also Read: MetaMask Is A Crypto Wallet, Here Are The Benefits!

Solana

Before discussing more about how to create an account, here is a brief explanation about Solana, a blockchain that is quite popular today.

Solana is a blockchain that offers various features and benefits, especially in terms of crypto transactions and investments.

The platform also has speed in processing transactions. This speed can reach 50 thousand tps or transactions per second (transactions per second).

Therefore, the Solana developer team refers to Solana as Ethereum Killer Ethereum which is able to process transactions much faster and at a much cheaper cost.

Solana also provides access to exchanges from around the world as a decentralized platform. The Solana blockchain also uses a PoS model or Proof of Stake and simultaneously incorporates a new Proof of History or PoH.

Also Read: What is Proof of Work? Here's the Explanation!

How to Create a Sollet Account

If Vicigers are interested in creating a Sollet wallet account, then here are the steps to create a Sollet account.

Sollet is a crypto wallet for you to manage crypto assets on the Solana blockchain. Next, you need this wallet to make transactions and also connect with DApps.

The first step to creating a Sollet account is to visit official website Sollet and select Create New Wallet.

Next, there will be a 24-word mnemonic seed that you must fill in as a keyword to enter your account.

You also have to download and save the seed phrase so you don't forget it and of course you have to save it in a safe place.

After saving the seed phrase, select confirmation "I have saved these words in a safe place".

Then, input the seed phrase that you just created and select Continue to proceed to the last step, namely setting a password.

After determining the password, then you can use Sollet.

Thus the discussion about the Sollet wallet crypto and a brief explanation about the Solana blockchain.

VCGamers has released a crypto asset under the name $VCG Token which operates on the Ethereum network (ERC 20) and Binance Smart Chain (BEP 20).

$VCG Tokens has been officially registered at Bappebti or the Commodity Futures Trading Supervisory Agency and the Indonesian Ministry of Trade as crypto assets traded on the physical crypto asset market.

Currently, $VCG Token has been listed on various CEXs or Centralized Exchanges and DEXs or Decentralized Exchanges namely Pancakeswap, Uniswap, BitMart and Indodax.

Not only that, $VCG Token is the official currency in the first metaverse in Indonesia, namely RansVerse with the collaboration of VCGamers, RANS Entertainment, Shinta VR, and UpBanx.

Follow along Update $VCG Token only in VC News.