Solar (SXP) is an open-source layer-one blockchain for decentralized peer-to-peer payments, governed by a DAO and secured by 53 delegates using delegated proof-of-stake. SXP is used for transactions on the platform and staking rewards, and Solar's development will focus on improving governance and interoperability with other ecosystems.

Solar (SXP) is an open-source layer-one blockchain that is focused on decentralized peer-to-peer payments. It operates on a delegated proof-of-stake consensus mechanism and is governed by a decentralized autonomous organization (DAO). SXP is the native coin of the Solar blockchain and is used for transactions on the platform.

Solar (SXP) was developed by a team of developers led by Joselito Lizarondo, who is also the CEO of Swipe. The team has extensive experience in the cryptocurrency industry, and their goal is to create a community-driven blockchain that is comparable to popular blockchains like Ethereum and Solana.