Unchained The Chopping Block: Anatoly Yakovenko on Why Solana Is Building the SAGA Phone - Ep. 373
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Jul 14, 2022 
Anatoly Yakovenko, the Tsar of Solana, dives into the intriguing world of Solana's use cases and its unique scaling strategies. He addresses controversial claims about Solana's blockchain legitimacy and the challenges of network downtime. The conversation highlights the innovative SAGA phone, tailored for Web3, and the competitive landscape with other blockchain technologies. Yakovenko discusses the importance of the execution layer for fostering innovation and shares key lessons from building Solana that resonate with aspiring crypto entrepreneurs.
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Security vs. Downtime
- Solana prioritizes extreme security, like surviving catastrophic failures, over temporary downtime.
- Short downtime doesn't negate the fundamental security provided by the decentralized network.
Initial Design Limitations
- Solana was initially designed for Serum, a central limit order book, with a simple fee model based on signature verification.
- Unexpected complex DeFi use cases and transaction hotspots led to technical debt and downtime issues.
Hotspot Isolation
- Solana faces traditional database hotspot problems where numerous transactions compete for the same state, requiring isolation.
- Generic Layer-2 solutions don't solve fee issues because they don't isolate these hotspots effectively.