Solana Foundation Launches ‘Kora’ Service Allowing SOL-Free Transactions

The Solana Foundation’s new fee delegation platform enables users to process blockchain transactions without directly holding SOL tokens.

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Summary

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Terms & Concepts
  • Fee delegation: A blockchain mechanism where transaction fees are paid by a third party instead of the user.
  • Solana (SOL): A high-speed blockchain platform known for low transaction costs, with SOL as its native cryptocurrency.
  • Kora: A Solana Foundation service that allows transactions without the user holding SOL, by delegating fee payments.