Will Solana Be the Execution Layer and Ethereum the Settlement Layer? - Ep.294

Published: Nov. 30, 2021, 8:30 a.m.

On Unchained, two co-founders of Solana Labs, Anatoly Yakovenko and Raj Gokal, dive deeply into the Solana ecosystem, discussing everything from the price of SOL to the Solana network outage to the competition between Ethereum and Solana. Show highlights:\n why Raj thinks SOL\u2019s market cap grew from $86 million to $68 billion in less than a year\n Anatoly\u2019s and Raj\u2019s background and how they found themselves working together to build Solana\n why Anatoly thinks Solana will be a general-purpose blockchain rather than specializing in gaming or high frequency trading\n Anatoly\u2019s goal to make Solana the first billion-user blockchain\n why Raj thinks NFTs on Solana have been so popular\n why, in the opinion of Raj and Anatoly, Solana\u2019s purpose has shifted away from high-frequency trading\n how NFTs could replace ads\n why \u201ceverything is DeFi\u201d\n how Solana Labs plans to allocate the recent $314 million funding round it raised\n what lessons Anatoly learned from the 18-hour September network outage\n technically speaking, what happened to cause Solana\u2019s network outage\n why Anatoly believes that outages, at this stage, aren\u2019t necessarily a bad thing\n whether \u201ctrading mercenaries\u201d dominated at Solana Breakpoint\n why developers are interested in building on Solana\n how Solana and Ethereum compare as execution and settlement layers\n why Raj doesn\u2019t like framing competition between Solana and Ethereum as a fight\n how Anatoly views the competition between Ethereum and Solana\n whether the arrival of Neon Labs, which is bringing EVM to Solana, could lead to developers leaving Ethereum\n how NFTs and Phantom wallets are bringing in new users for Solana\n whether Raj and Anatoly would roll back Solana if something like Ethereum\u2019s DAO hack were to occur\n why Solana has the competitive advantage in throughput, according to Anatoly\n what would happen if FTX cofounder and CEO Sam Bankman-Fried gave up on Solana\n their predictions for Solana five years from now\n \xa0\n Thank you to our sponsors!\n Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021\xa0\xa0\xa0\n \xa0\n Nodle: https://bit.ly/3AXGydJ\xa0\xa0\xa0\n \xa0\n Brave: http://brave.com/Unchained\n \xa0\n Episode Links:\n \xa0\n Anatoly Yakovenko\n \nhttps://twitter.com/aeyakovenko\xa0\n \xa0\n Raj Gokal\n \nhttps://twitter.com/rajgokal\xa0\n \xa0\n Solana News\n Anatoly Yakovenko -- \u200b\u200b It \u2018doesn\u2019t really matter\u2019 if the network goes down again\n \n https://www.theblockcrypto.com/post/124887/solana-labs-ceo-it-doesnt-really-matter-if-the-network-goes-down-again\xa0\n \n Neon Labs\n https://www.theblockcrypto.com/post/123744/neon-labs-developer-of-ethereum-virtual-machine-on-solana-raises-40-million\n Aave + SushiSwap going to Solanas through Neon Labs\n \n https://twitter.com/joselitommutuc/status/1462043806207938563\xa0\n \n \n \n Solana + Brave integration\n \n https://decrypt.co/85538/privacy-browser-brave-expands-beyond-ethereum-solana\xa0\n \n ATH at $260\n \n https://decrypt.co/85457/solana-hits-all-time-high-of-260\xa0\n \n Solana Breakpoint\n \n https://www.coindesk.com/business/2021/11/15/solana-throws-a-three-day-party-for-itself/\xa0\n \n https://www.cryptoglobe.com/latest/2021/11/solana-network-highlights-from-breakpoint-conference-paint-a-very-healthy-picture/\xa0\n \n https://decrypt.co/85934/the-view-from-solana-week-in-lisbon\xa0\n \n FTX US + Solana NFTs\n \n https://www.theblockcrypto.com/post/120044/ftx-us-launches-marketplace-for-trading-solana-based-nfts\xa0\n \n Solana Outage\n The Block\u2019s coverage\n \n https://www.theblockcrypto.com/linked/117711/solana-blockchain-validators-restart-network-after-transaction-stoppage\xa0\n \n https://www.theblockcrypto.com/linked/117624/solana-experiences-transaction-stoppage-as-developers-report-intermittent-instability\xa0\n \n Why the mainnet went down\n \n https://twitter.com/buffalu__/status/1437792673784549383\xa0\xa0\n \n Potential ramifications\n \n https://twitter.com/CometShock/status/1437870278684590091\xa0\n \n Anatoly Yakovenko Solana outage tweets\n https://twitter.com/aeyakovenko/status/1437887482897518595\n https://twitter.com/aeyakovenko/status/1437784552324358155\n https://twitter.com/aeyakovenko/status/1438496595360862215\n https://twitter.com/aeyakovenko/status/1438465508412739588\n \nhttps://twitter.com/aeyakovenko/with_replies\xa0\n \n \n Solana $314M Fundraise\n \n https://www.theblockcrypto.com/post/107749/solana-labs-raises-314-million-funding-a16z-polychain-capital\xa0\n \n \xa0\n Solana Topics\n Raj thinks Ethereum cannot be killed\n https://twitter.com/rajgokal/status/1458420316569489410\n \n NFT Growth\n \n https://twitter.com/masonnystrom/status/1455556328404013057\xa0\n \n https://twitter.com/masonnystrom/status/1459157853848195079\xa0\n Pplpleasr\n \n https://decrypt.co/85964/the-collectoooooor-pplpleasr-latest-nft-art-solana-ethereum\xa0\n \n \n Investment in gaming\n Forte\n \n https://decrypt.co/85966/cosmos-solana-ventures-join-725m-series-b-crypto-gaming-platform-forte\xa0\n \n Alexis Ohanian investment\n \n https://www.fool.com/the-ascent/cryptocurrency/articles/why-reddit-co-founder-alexis-ohanian-will-invest-100-million-in-solana-social-media/\xa0\n \n FTX + Solana\n \n https://decrypt.co/85302/ftx-solana-ventures-lightspeed-100m-crypto-gaming\xa0\n \n \n Phantom wallet hits 1M+ users\n https://decrypt.co/85563/phantom-wallet-preps-mobile-launch-reaching-million-users-solana\n \n \xa0\n Solana Basics\n CoinMonk: https://medium.com/coinmonks/solana-more-update-for-sol-becb65024877\xa0\n Solana Labs: https://medium.com/solana-labs/proof-of-history-a-clock-for-blockchain-cf47a61a9274\xa0\n The Tie: https://research.thetie.io/solana-ecosystem/\xa0\n Binance.Research: https://research.binance.com/en/projects/solana\xa0\n Genesis Block: https://genesisblockhk.com/what-is-solana/\xa0\n Block Explorers: https://explorer.solana.com/supply + https://solanabeach.io/supply + https://solanalysis.com/\xa0\n Messari: https://messari.io/article/the-perpetual-sol-rise\n\n \nLearn more about your ad 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