Anatoly Yakovenko is the creator of Solana. In this episode, he tells the story of Solana’s founding and recent exponential growth. He explains some of the company’s key distinctions from other blockchain protocols, particularly the differences between proof-of-work and proof-of-stake. Yakovenko further details Solana’s approach to security protection and optimizing for speed and high performance. He lays out some of the next steps for the company and highlights the game-changing nature of two Solana-powered companies: Serum and Star Atlas.
TIMESTAMPS
0:00 – Intro & background
4:15 – Creating Solana
6:49 – Proof-of-stake vs. proof-of-work
9:50 – Crypto maximalists
12:26 – Solana, FTX and a new decentralized exchange Serum
14:52 – Solana’s path to validation
17:00 – Ethereum vs. Solana
20:20 – NFT project: Degenerate Apes
23:00 – Settlement vs. execution
26:32 – Nakamoto coefficient
32:15 – 2018 crypto pullback
34:05 – Importance of key custody
38:30 – Crypto gaming and Star Atlas
41:45 – What’s next for Solana
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Moderated by Anthony Scaramucci. Developed, created and produced by SALT Venture Group, LLC.
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