Unchained

The Chopping Block (feat. Anatoly): Solana's Second Act, SVM vs EVM, & Extension Dilemma - Ep. 724

9 snips
Oct 24, 2024
Anatoly Yakovenko, co-founder and CEO of Solana Labs, shares insights on Solana's remarkable rise from its troubled beginnings to a leading blockchain platform. He discusses the unexpected boom of memecoins within the ecosystem and their lasting impact. The impact of Fire Dancer on Solana's scalability is highlighted, along with a debate on vertical vs. horizontal scaling. Finally, Anatoly reveals ambitious plans for the mobile market with the Seeker phone, promising to reshape crypto engagement for the future.
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INSIGHT

Solana's Unlikely Second Act

  • Solana's comeback wasn't guaranteed; most chains fade after their initial hype.
  • Anatoly Yakovenko wasn't sure Solana would regain relevance after early struggles.
INSIGHT

Solana's Evolving Identity

  • Solana's initial vision was to be the "NASDAQ of blockchains," focusing on high-throughput financial activity.
  • Instead, it became a hub for NFTs and meme coins, which don't require high speed.
ANECDOTE

Unpredicted Platform Growth

  • Tarun Chitra compares successful platforms like Instagram to Solana, saying their evolution is unpredictable.
  • Early Instagram wasn't about latte art but memes and marketplaces, a user-driven shift.
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