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Anatoly Yakovenko: Solana - Reaching for the Limits of Blockchain Performance

Episode Summary

Solana is building a hyper-scalable blockchain capable of 50,000 tps without sharding. We were joined by Solana CEO Anatoly Yakovenko to discuss their unique technological breakthroughs and approach to delivering blockchain scalability.

Episode Notes

The vision of a world computer on which anyone can deploy smart contracts has captured our imagination since the publication of the Ethereum whitepaper. But while Ethereum demonstrated the viability of the concept, its shortcomings in terms of capacity and throughput prevent it from realizing the vision. Today, throughput has become a major bottleneck for widescale adoption of decentralized technologies.

Many projects have set out to deliver where Ethereum 1.0 falls short. Most projects, including Ethereum 2.0, aim to create some kind of sharded network with many interoperable chains. Solana may be the only project that went the other way. Through identifying every performance bottleneck for a single blockchain and developing novel ways of removing them, they target to achieve throughput of 50,000 tps.

We were joined by Solana creator and CEO Anatoly Yakovenko to discuss Solana's approach to building a web-scale blockchain. We covered some of their novel ideas including proof-of-history and parallelizing smart contract execution.

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This episode is hosted by Meher Roy & Brian Fabian Crain. Show notes and listening options: epicenter.tv/312