Bankless

157 - Will Solana Make It with Anatoly Yakovenko

Feb 6, 2023

Anatoly Yakovenko, Co-founder of Solana Labs and creator of the Solana blockchain, dives deep into the highs and lows of Solana’s journey. He discusses the impact of the FTX crisis on community trust and the resilience required to navigate a bear market. Anatoly reveals the innovative architecture of Solana and contrasts its security approaches with Ethereum's. He reflects on fundraising challenges, community growth, and how hackathons sparked significant decentralized applications. A candid look at Solana’s future, amidst doubt and criticism.

01:24:39

Creator website

Episode guests

Anatoly Yakovenko

Highlights

AI Chapters

Episode notes

The Solana Protocol: Achieving 100% Utilization of Network Resources

01:18

Ethereum: A Scalable Blockchain Platform

01:22

Is Solana a VC Coin?

02:49

Intro

4min

Navigating the Solana Ecosystem and Exclusive Premium Content

4min

The Evolution of Solana: Insights and Innovations

23min

Navigating Security and Growth in Solana

13min

Emergence of Innovation: From Market Crash to Thriving Ecosystem

4min

The Rise of Solana: Fundraising and Community Growth

8min

Navigating the FTX Crisis: Solana's Resilience

29min

✨ DEBRIEF | Unpacking the episode: https://shows.banklesshq.com/p/debrief-anatoly-solana

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------ In today’s episode, we have the creator of Solana and the Co-founder of Solana Labs, Anatoly Yakovenko. We brought on Anatoly to ask: is Solana going to make it?

Price is down. A major public backer…SBF is down for the count…will Solana make it? Will it survive the bear market? Anatoly shares his thoughts.

In addition, he also shares the full Solana story, back to its earliest inflection points all the way to the current state of Solana today.

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------ Topics Covered

0:00 Intro 7:58 2022 & 2023 10:05 Solana Origins 14:40 Passage of Time as Data 25:30 Bandwidth Trade-offs 29:29 SOL as Money? 32:04 Security 36:24 Continuing the Solana Story 44:10 Early Day Solana Vibes 48:20 Solana Growth Acceleration 51:31 2021 Solana Price 53:12 The Crypto VC Narrative 54:37 Solana Haters 59:55 FTX & SBF 1:07:16 Solana Critique 1:09:35 Cultural Debt 1:14:46 The State of the Solana Community 1:19:37 The Future of Solana 1:24:36 Solana VM 1:26:39 Will Solana Make It? 1:31:15 Final Solana Questions Closing & Disclaimers

------ Resources:

Anatoly https://twitter.com/aeyakovenko

Firedancer https://jumpcrypto.com/firedancer/

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures

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