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01 Feb 2023
48m

Building for the Future with Solana’s Anatoly Yakovenko

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Coinbase: Around The Block

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This podcast episode explores the unique features and vision of the Solana blockchain. Anatoly Yakovenko, the co-founder of Solana, shares the origin story and core differentiators of Solana compared to Ethereum. Solana aims to revolutionize decentralized finance through its high-speed and accurate price discovery, leveraging Byzantine Fault Tolerance and open hardware. The podcast discusses Solana's consensus algorithm inspired by cellular networks, its focus on performance and scalability, and the importance of decentralization in maintaining security. The episode also delves into the concept of practical decentralization and the dynamics of collaboration and consolidation within the blockchain industry. Furthermore, it highlights the emergence of crypto native phones and the disruptive potential of Solana Mobile. The podcast concludes by discussing the exciting development called Firedancer, a second implementation of the Solana validator being built by Jump, and the growth of the Solana ecosystem.
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