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Jito Labs to Relocate Jito Foundation Core Business to United States in January

According to Jito Labs, the headquarters move is planned for January next year to support growth of the Solana (layer-1 blockchain) network.

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Terms & Concepts
  • Solana: A layer-1 blockchain designed for high-speed, low-cost transactions and scalable applications.
  • Layer-1 blockchain: A base blockchain that processes transactions and secures the network without relying on other chains.