In this episode, Bobby Ong, co-founder of CoinGecko is joined by Anatoly Yakovenko, founder and CEO at Solana. Bobby interviewed Anatoly on Solana, its scalability, proof-of-history as well as Solana’s plans for Q4 of 2020 and beyond.
[00:00:53] Background on Solana
[00:02:18] Scalability Trilemma problem
[00:06:40] Solana blockchain size?
[00:12:11] Other applications on Solana blockchain
[00:14:17] Is Solana an Ethereum competitor?
[00:21:09] Solana’s proof-of-stake with delegation validation model
[00:25:53] Decentralized clock feature, called proof-of history
[00:34:24] Solana’s plan for Q4 2020 and beyond
[00:42:07] Where to follow Solana?
Quotes from the episode:
“If you go to our explorer, you can see that the network has done about 32 million blocks at this point and over 3 billion transactions. And the reason why we have 3 billion transactions already is because our smart contracts is so cheap and fast that we use it as the message bus for consensus.” [00:01:35]
“We don’t have a limit on how big a block can be. There’s a block every 400 milliseconds, and it isn’t so much that there’s a separate block. It’s almost like a continuous chain.” [00:06:57]
“The hard part is obviously that [because] it is blockchain, everything has to be harder, right?” [00:28:19]
Solana – https://solana.com/
CoinGecko – https://www.coingecko.com/
Solana (SOL) on CoinGecko – https://www.coingecko.com/en/coins/solana