August 21 2021

The Solana Blockchain — Ethereum Killer or Piece of a Larger Puzzle?

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The Solana Blockchain — Ethereum Killer or Piece of a Larger Puzzle?

The Solana Blockchain — Ethereum Killer or Piece of a Larger Puzzle?

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About the episode

Kevin is joined by Solana CEO Anatoly Yakovenko to talk about the latest advancements of the Solona blockchain. They discuss the development doors opened with lighting fast L1 blockchains like Solana in the finance world, the implications of Neon Labs’ deployment of a cross-chain Ethereum virtual Machine on Solana, and purpose-built hardware development — specifically for blockchains. And, of course, Kevin dives into NFTs on the Solana Blockchain.

About our guest
Anatoly Yakovenko

Anatoly Yakovenko

Anatoly Yakovenko is the founder and CEO of Solana Labs, a decentralized blockchain built to enable scalable, user-friendly apps for the world. It’s the fastest blockchain in the world and the fastest-growing ecosystem in crypto, with over 400 projects spanning DeFi, NFTs, Web3, and more.

Topics covered

Show notes

Like our NFT-related episodes? Check out our new show: PROOF![00:17]

Who is Anatoly, and what is Solana?[00:41]

What’s been happening with Solana over the past couple of years, and what interesting projects were brought to light by the recent hackathon?[01:55]

Is the Solana vs. Ethereum debate a “holy war?”[06:51]

If consumers don’t tend to care what goes on in the backend as long as it all works, will it matter who eventually wins this kind of debate? Might different blockchains just be ideal for different use cases?[09:13]

Other networks might be able to handle the current volume of any given project just fine, but Solana’s performance will be able to meet tomorrow’s demands at scale.[11:36]

How DeFi could be transformative for the future of the banking industry — provided issues like gas fees became less prohibitive for the average consumer.[13:11]

Why Neon EVM, which allows us to use Ethereum smart contracts with Solana’s scalability, is so exciting, and how it works.[15:16]

What Anatoly sees for the future of Solana with interoperability between blockchains, and where he finds Ethereum, on its own, lacking.[20:33]

From a core development standpoint, what does the Solana roadmap look like over the next year, and how does it keep pace with new technology?[22:14]

How Solana is working to verify its validators and stakers.[30:56]

The current state of the union for Solana validators.[39:05]

How much yield can typically be expected?[40:33]

Thoughts on the NFT explosion currently taking place on Solana, and some of the technical hiccups that have been dealt with.[42:54]

What Anatoly’s excited about in the upcoming months.[46:47]

Why you should listen to Anatoly’s Solana Podcast and other parting thoughts.[48:07]

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