# ⚙️ Technical Shekel Overview

#### Technical Documentation Overview

**Blockchain Overview: Solana Blockchain**

Shekel Coin operates on the Solana blockchain, a high-performance blockchain designed for fast and secure decentralized applications. Solana's unique combination of proof of history (PoH) and proof of stake (PoS) consensus mechanisms allows for high throughput and low latency, making it an ideal platform for scalable and efficient decentralized applications.

**Key Features of Solana:**

* **High Throughput:** Capable of processing thousands of transactions per second.
* **Low Latency:** Fast transaction confirmation times.
* **Scalability:** Supports the growth of decentralized applications without compromising performance.
* **Security:** Robust consensus mechanisms ensure network integrity and security.

***Smart Contract***

Shekel Coin utilizes smart contracts on the Solana blockchain to automate and manage various functions within its ecosystem. Below are the details of the primary smart contract for Shekel Coin:

**Smart Contract Details:**

* **Key:** 4
* **Update Authority:** 522QoGqGy1B7ZWPyB25nUzPcNVgEvRhLTUkfRB8KGEz6
* **Mint Address:** B43Qq6ayz7GjweT4s4U7AEuYSGkdJh33ToKUETcfaCAg

**Data:**

* **Name:** Shekel
* **Symbol:** Shekel
* **URI:** [IPFS Link](https://cloudflare-ipfs.com/ipfs/QmWxTtPRVMwfACYxYB6B8QJSvV2wq4yR7zraePgCZfTqF2)
* **Seller Fee Basis Points:** 0
* **Creators:**
  * **Address:** 522QoGqGy1B7ZWPyB25nUzPcNVgEvRhLTUkfRB8KGEz6
  * **Verified:** 1
  * **Share:** 100%

**Additional Information:**

* **Primary Sale Happened:** 0
* **Is Mutable:** Yes
* **Edition Nonce:** 253
* **Token Standard:** 2

**Technical Specifications**

The Solana smart contract for Shekel Coin includes the following technical specifications:

* **Consensus Mechanism:** Combination of Proof of History (PoH) and Proof of Stake (PoS)
* **Block Time:** Sub-second block times, typically around 400ms
* **Transaction Speed:** Capable of processing up to 65,000 transactions per second (tps)
* **Smart Contract Language:** Rust and C
* **Network Fees:** Low transaction fees due to high efficiency and throughput
* **Security Features:** Advanced cryptographic techniques and decentralized consensus ensure robust security

**Smart Contract Functions:**

1. **Minting:** Create new Shekel Coins.
2. **Transferring:** Secure transfer of Shekel Coins between wallets.
3. **Staking:** Lock up Shekel Coins to earn rewards.
4. **Updating:** Modify contract parameters and data by authorized entities.
5. **URI Management:** Store and update metadata via IPFS.
6. **Fee Management:** Configure and collect transaction fees, if applicable.
7. **Creator Verification:** Ensure the authenticity and verification of creators.
8. **Edition Management:** Manage the minting and distribution of coin editions.

By leveraging Solana's robust infrastructure and the detailed smart contract specifications, Shekel Coin ensures a secure, scalable, and efficient ecosystem for its users.