Will Solana Be the Execution Layer and Ethereum the Settlement Layer? - Ep.294

On Unchained, two co-founders of Solana Labs, Anatoly Yakovenko and Raj Gokal, dive deeply into the Solana ecosystem, discussing everything from the price of SOL to the Solana network outage to the competition between Ethereum and Solana. Show highlights:
why Raj thinks SOL’s market cap grew from $86 million to $68 billion in less than a year Anatoly’s and Raj’s background and how they found themselves working together to build Solana why Anatoly thinks Solana will be a general-purpose blockchain rather than specializing in gaming or high frequency trading Anatoly’s goal to make Solana the first billion-user blockchain why Raj thinks NFTs on Solana have been so popular why, in the opinion of Raj and Anatoly, Solana’s purpose has shifted away from high-frequency trading how NFTs could replace ads why “everything is DeFi” how Solana Labs plans to allocate the recent $314 million funding round it raised what lessons Anatoly learned from the 18-hour September network outage technically speaking, what happened to cause Solana’s network outage why Anatoly believes that outages, at this stage, aren’t necessarily a bad thing whether “trading mercenaries” dominated at Solana Breakpoint why developers are interested in building on Solana how Solana and Ethereum compare as execution and settlement layers why Raj doesn’t like framing competition between Solana and Ethereum as a fight how Anatoly views the competition between Ethereum and Solana whether the arrival of Neon Labs, which is bringing EVM to Solana, could lead to developers leaving Ethereum how NFTs and Phantom wallets are bringing in new users for Solana whether Raj and Anatoly would roll back Solana if something like Ethereum’s DAO hack were to occur why Solana has the competitive advantage in throughput, according to Anatoly what would happen if FTX cofounder and CEO Sam Bankman-Fried gave up on Solana their predictions for Solana five years from now
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Episode Links:

Anatoly Yakovenko
https://twitter.com/aeyakovenko
Raj Gokal
https://twitter.com/rajgokal
Solana News
Anatoly Yakovenko -- ​​ It ‘doesn’t really matter’ if the network goes down again https://www.theblockcrypto.com/post/124887/solana-labs-ceo-it-doesnt-really-matter-if-the-network-goes-down-again  Neon Labs https://www.theblockcrypto.com/post/123744/neon-labs-developer-of-ethereum-virtual-machine-on-solana-raises-40-million Aave + SushiSwap going to Solanas through Neon Labs https://twitter.com/joselitommutuc/status/1462043806207938563  Solana + Brave integration https://decrypt.co/85538/privacy-browser-brave-expands-beyond-ethereum-solana  ATH at $260 https://decrypt.co/85457/solana-hits-all-time-high-of-260  Solana Breakpoint https://www.coindesk.com/business/2021/11/15/solana-throws-a-three-day-party-for-itself/  https://www.cryptoglobe.com/latest/2021/11/solana-network-highlights-from-breakpoint-conference-paint-a-very-healthy-picture/  https://decrypt.co/85934/the-view-from-solana-week-in-lisbon  FTX US + Solana NFTs https://www.theblockcrypto.com/post/120044/ftx-us-launches-marketplace-for-trading-solana-based-nfts  Solana Outage The Block’s coverage https://www.theblockcrypto.com/linked/117711/solana-blockchain-validators-restart-network-after-transaction-stoppage  https://www.theblockcrypto.com/linked/117624/solana-experiences-transaction-stoppage-as-developers-report-intermittent-instability  Why the mainnet went down https://twitter.com/buffalu__/status/1437792673784549383   Potential ramifications https://twitter.com/CometShock/status/1437870278684590091  Anatoly Yakovenko Solana outage tweets https://twitter.com/aeyakovenko/status/1437887482897518595 https://twitter.com/aeyakovenko/status/1437784552324358155 https://twitter.com/aeyakovenko/status/1438496595360862215 https://twitter.com/aeyakovenko/status/1438465508412739588 https://twitter.com/aeyakovenko/with_replies  Solana $314M Fundraise https://www.theblockcrypto.com/post/107749/solana-labs-raises-314-million-funding-a16z-polychain-capital
Solana Topics
Raj thinks Ethereum cannot be killed https://twitter.com/rajgokal/status/1458420316569489410 NFT Growth https://twitter.com/masonnystrom/status/1455556328404013057  https://twitter.com/masonnystrom/status/1459157853848195079  Pplpleasr https://decrypt.co/85964/the-collectoooooor-pplpleasr-latest-nft-art-solana-ethereum  Investment in gaming Forte https://decrypt.co/85966/cosmos-solana-ventures-join-725m-series-b-crypto-gaming-platform-forte  Alexis Ohanian investment https://www.fool.com/the-ascent/cryptocurrency/articles/why-reddit-co-founder-alexis-ohanian-will-invest-100-million-in-solana-social-media/  FTX + Solana https://decrypt.co/85302/ftx-solana-ventures-lightspeed-100m-crypto-gaming  Phantom wallet hits 1M+ users https://decrypt.co/85563/phantom-wallet-preps-mobile-launch-reaching-million-users-solana
Solana Basics
CoinMonk: https://medium.com/coinmonks/solana-more-update-for-sol-becb65024877  Solana Labs: https://medium.com/solana-labs/proof-of-history-a-clock-for-blockchain-cf47a61a9274  The Tie: https://research.thetie.io/solana-ecosystem/  Binance.Research: https://research.binance.com/en/projects/solana  Genesis Block: https://genesisblockhk.com/what-is-solana/  Block Explorers: https://explorer.solana.com/supply + https://solanabeach.io/supply + https://solanalysis.com/  Messari: https://messari.io/article/the-perpetual-sol-rise