Anatoly Yakovenko_ Solana – Reaching for the Limits of Blockchain Performance

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Jul 10, 2023
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Click to download audio version The vision of a world computer on which
anyone can deploy smart contracts has captured our imagination since the
publication of the Ethereum whitepaper. But while Ethereum demonstrated the
viability of the concept, its shortcomings in terms of capacity and throughput
prevent it from realizing the vision. Today, throughput has become a major
bottleneck for widescale adoption of decentralized technologies. Many projects
have set out to deliver where Ethereum 1.0 falls short. Most projects, including
Ethereum 2.0, aim to create some kind of sharded network with many interoperable
chains. Solana may be the only project that went the other way. Through
identifying every performance bottleneck for a single blockchain and developing
novel ways of removing them, they target to achieve throughput of 50,000 tps. We
were joined by Solana creator and CEO Anatoly Yakovenko to discuss Solana's
approach to building a web-scale blockchain. We covered some of their novel
ideas including proof-of-history and parallelizing smart contract execution.
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This episode is hosted by Meher Roy & Brian Fabian Crain. Show notes and
listening options: epicenter.tv/312