Bell Curve
Solana: State Of The Network | Mert Mumtaz, Dan Smith | Lightspeed
Apr 23, 2024
Podcast featuring Mert Mumtaz and Dan Smith from Lightspeed discussing Solana network, MarginFi drama, Uniswap vs SEC, airdrops, Monad's $225M raise. Topics include network challenges, client diversity, controversy in projects, user incentives, decentralized governance, regulatory concerns, crypto innovations, and competing strategies.
01:02:35
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Quick takeaways
- Solana is working on addressing networking protocol issues with gradual patches expected to stabilize transaction throughput.
- MarginFi's delay in token release and community backlash highlights the competition and debates around client diversity in Solana's ecosystem.
Deep dives
Fixes and Timeline for Solana Protocol Issues
Solana is addressing networking protocol issues with QUIN, an implementation error in Rust, impacting transaction efficiencies. Multiple patches are planned, with the first addressing state-weight quality of service (QoS) and expected before April 15th. Users with stake will benefit initially, leading to a potential protocol overhaul. The gradual fix approach and upcoming patches aim to stabilize transaction throughput.
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