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Solana: From On-Chain Nasdaq to the Pump Fun Craze - Anatoly Yakovenko
Episode Summary
We were joined by Anatoly Yakovenko, CEO & co-founder of Solana, to discuss its evolution as a high-throughput chain, from the original vision of bringing Nasdaq on-chain to the Pump.fun craze.
Episode Notes
Solana needs no introduction. Ever since its inception, it pushed throughput scaling on a single chain, without the need of sharding or rollups. Despite its ups and downs that culminated at the bottom of the bear market after the FTX crash, it managed to not only survive, but build a vibrant community around crypto's (arguably) most prominent PMF (thus far).
Join us for a fascinating discussion and learn about Anatoly's take on controversial topics such as MEV, concurrent block leaders (the equivalent of Ethereum's PBS proposal), L2 rollups, Solana economics, how to tackle potential exploits and more.
Topics covered in this episode:
- How the original Solana vision turned out
- What makes blockchains valuable
- MEV & program writable accounts
- Concurrent block proposers
- Current bottlenecks for scaling Solana
- Mainnet vs. L2 rollups
- Firedancer upgrade
- Halting the network vs. rollbacks
- Solana’s scaling roadmap
- DoubleZero
- Worst hacks on Solana
- UI exploits, Bybit hack and smart contract security
- Solana economics and the SIMD-0228 proposal
- Future improvements
- Use cases for blockchains
- Solana mobile
Episode links:
Sponsors:
- Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at - gnosis.io
- Chorus One: one of the largest node operators worldwide, trusted by 175,000+ accounts across more than 60 networks, Chorus One combines institutional-grade security with the highest yields at - chorus.one
This episode is hosted by Brian Fabian Crain & Martin Köppelmann.