meta_pixel
Tapesearch Logo
Log in
Unchained

The Chopping Block: Anatoly Yakovenko on Why Solana Is Building the SAGA Phone - Ep. 373

Unchained

Laura Shin

Tech News, Business News, News

4.6 • 1.3K Ratings

🗓️ 14 July 2022

⏱️ 62 minutes

🧾️ Download transcript

Summary

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news in the digital asset industry. In this episode, Anatoly Yakovenko, Tsar of Solana, joins the show to discuss the use cases of Solana, whether it’s actually a blockchain, how Solana scales, and much more!    Show topics: What Anatoly thinks of Andre Cronje's opinion that Solana is not a blockchain Why Solana has had so many instances of downtime Whether Solana is the NASDAQ of blockchains Why Solana changed its approach to fee markets and how it is different from other blockchains Why Anatoly is bearish on generic Layer2s How to prevent a mempool to blow up Whether Anatoly is pro app-chains Why Anatoly would have had Solana build a fee model from the start What proof of history is and what its problems are  How vertical scaling and horizontal scaling differ What the use cases of Solana are  Why Solana decided to build the SAGA phone How a web3 phone enables new ways of innovation Why Solana doesn’t see Avalanche or BSC or other EVM chains as competitors but Mysten and Aptos Why the execution environment is where all innovation happens Why Tarun thinks rollups on Solana is a good idea Whether EVM could work on Solana and why Anatoly cares less about EVM on Solana than Solidity What Anatoly’s biggest lessons from building Solana are Why Haseeb admires Anatoly and what the similarities are between him and Vitalik What Anatoly advises people who are building in crypto       Hosts Haseeb Qureshi, managing partner at Dragonfly Capital https://twitter.com/hosseeb Tom Schmidt, general partner at Dragonfly Capital https://twitter.com/tomhschmidt Tarun Chitra, managing partner at Robot Ventures https://twitter.com/tarunchitra  Robert Leshner, founder of Compound  https://twitter.com/rleshner    Guest: Anatoly Yakovenko Twitter: https://twitter.com/aeyakovenko   Episode Links   Solana Serum: https://www.projectserum.com/ Some of the Solana outages and consequences:  September 2021: https://www.coindesk.com/markets/2021/09/14/solana-validators-ready-potential-restart-amid-blockchain-outage/ January 2022: https://www.theblock.co/post/131278/traders-are-complaining-about-solanas-performance-raising-questions-about-its-status-as-a-wall-street-darling  May 2022: https://www.theblock.co/linked/144639/solana-restarted-after-seven-hour-outage-caused-by-surge-of-transactions  Solana’s blockchain clock 30 minutes behind: https://www.theblock.co/post/149112/solanas-blockchain-clock-loses-track-of-time-now-running-30-minutes-behind  June 2022: https://www.coindesk.com/tech/2022/06/02/solana-halted-by-bug-linked-to-certain-cold-storage-transactions/ Popularity of NFTs on Solana: https://www.theblock.co/post/153214/magic-eden-raises-series-b-funding-solana-nft-unicorn Solana phone https://solana.com/news/saga-reveal https://dune.com/queries/952048/1656567 https://www.coindesk.com/business/2022/06/23/solana-labs-is-building-a-web3-mobile-phone/  Fee market: https://www.reddit.com/r/solana/comments/u3p8xc/eli3_solana_fee_market/ Aptos/Mysten:  https://www.coindesk.com/business/2022/07/11/web-3-startup-mysten-labs-aiming-for-2b-valuation-in-latest-funding-report/ https://www.coindesk.com/business/2022/05/31/paypal-ventures-invested-in-team-reviving-diem-blockchain/ Paper on Proof of History: https://www.shoup.net/papers/poh.pdf Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Not a dividend, it's a tale of two puns.

0:02.4

Now, your losses are on someone else's balance.

0:05.2

Generally speaking, air drops are kind of pointless anyways.

0:08.0

I manage trading firms who are very involved.

0:10.7

I like that heat of the ultimate problem.

0:12.8

DeFi protocols are the antidote to this problem.

0:17.2

Hello, everybody.

0:18.9

Welcome to the chopping block.

0:20.1

Every couple of weeks, the four of us get together

0:21.8

and give the industry insider's perspective

0:23.6

on the topics of the day.

0:25.2

So quick and chose.

0:26.1

First up, we've got Tom, the DeFi Maven and Master of Memes.

0:29.4

Next we have Robert, Crypto Connoisseur,

0:31.1

and Captain of Compound.

0:32.5

Then we have Turun, the Gigabrain, and Grand Poo Bob Connet.

0:35.3

And then we have myself, a Siebe,

0:36.4

I'm head height man at Dragonfly.

0:38.1

And today we have joining us, a special guest,

0:40.2

long in demand.

0:41.6

Finally was able to come on the show.

0:43.8

Anatoli, Yakovenko, Zarr at Solana.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Laura Shin, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Laura Shin and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.