Solana’s Ultimate Vision | Anatoly Yakovenko

Anatoly joins us to discuss why Solana is uniquely designed to utilize ever-increasing bandwidth and compute. We cover Solana's core thesis, how blockchains benefit from hardware improvements, the fundamental flaws of L2s, Anatoly's favorite applications, decentralization and more! Anatoly is a legend, you don't want to miss this one! - - Timestamps (00:00) Introduction (01:47) Solana’s Core Thesis (10:29) The Scaling Bottleneck (13:43) Do All Blockchains Equally Benefit From Hardware Improvements? (17:47) Pros and Cons of Parallel Execution (20:56) The Realities of Decentralization (24:32) Solana’s Design Moat (27:57) Jito Mid Roll (29:01) Permissionless Plug (30:01) The Fundamental Tradeoffs of L2s (44:43) How Should Solana Approach Business Development? (48:33) The Role of Solana Labs and the Solana Foundation (50:18) The Compressed NFT Opportunity (53:54) We Need to Fix DAO Governance (55:40) Anatoly’s Metric of Success for Solana (58:21) Why Anatoly Hasn’t Left Crypto (01:00:12) Why an Average Joe Would Use Solana (01:01:58) Rapid Fire - - This episode is brought to you by Jito. Jito is the easiest way to earn MEV rewards on Solana with liquid staking. Stake your SOL with Jito to start earning high yield powered by MEV and access instant liquidity through Jito’s liquid staking token JitoSOL so that you can use your staked assets across Solana DeFi. Visit jito.network to get started today! - - Follow Anatoly: https://twitter.com/aeyakovenko Follow Mert: https://twitter.com/0xMert_ Follow Garrett: https://twitter.com/GarrettHarper_ Follow Lightspeed: https://twitter.com/Lightspeedpodhq Subscribe on YouTube: https://bit.ly/43o3Syk Subscribe on Apple: https://apple.co/3OhiXgV Subscribe on Spotify: https://spoti.fi/3OkF7PD Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - Use code LIGHTSPEED30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Resources Jito jito.network Endgame: Proof of Governance - Jon Charbonneau https://www.youtube.com/watch?v=toPd1vgHjVE - -  Disclaimers: Lightspeed was kickstarted by a grant from the Solana Foundation. Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.