Episode Details
Title | Unlocking Modular Solana: The End of L2 Tradeoffs? | Anil Kumar |
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Date | 8/13/2024 |
Podcast | Empire β |
Key Insights
Bullish:
- π’ $SOL - Discussing the potential of Solana's future developments, its value based on its consensus layer, security, and partnerships.
- βSolana has much more than just, a sequencer for this call. What we can provide based upon Solana's properties, the some of the best properties, which is its consensus layer, as a set of services for l twos... Solana is much more mature than any other l one that you can bring up now as a shared sequencer or a sequencer.β - Anil (0:00)
- βSolana has existing stake, well tested, sufficiently decentralized. So why not use it? It has an EVM. We have built our own ROM EVM. So you can run different smart contract. You can run different, and you can run it at a very high speed.β - Anil (0:00)
- βThe road map ahead of Solana is much more, exciting in terms of Fire Dancer coming in, in terms of different, improvements that are coming in. And that, so that basically all lead towards, that okay. All roads lead towards this, that okay. We need to we can use Solana as a state machine, and we can modularize this consensus layer and provide this shared sequence as a service on Solana.β - Anil (0:00)
- βSolana has much more security than any of these chains in terms of the amount stake. In terms of validators, number of validator that are participating, for, ordering of transaction, execution of transaction. 1500 for Solana. It's substantially, order of magnitude more than, other chains.β - Anil (0:00)
- βSolana is balance of all these things to provide, low cost, immutable, decentralized, high security ordering of transaction.β - Anil (0:00)
- βWe are partnering with, Celestia, to provide DL layer, those that roll up that want to use Celestia for DL. So so that announcement is going to come out.β - Anil (0:00)
- βWe are, gearing up, with our dev net release. So, it can come out soon. Hopefully, in August itself, we would release our dev net. And Generally, we are in August. Yes. And then, hopefully, we can get our main net out, early next year.β - Anil (0:00)π
- βWe are also bringing out, fast finality layer where you have commitment, via the AVS, between, confirmed Solana transaction and the finalized Solana transaction. So l twos can get, much faster, commitment of a state, at the speed of Solana blocks.β - Anil (0:00)π
- βWe are also bringing z k co processor and number of other services that would be helpful for l twos to scale, which would provide, like, the aggregation layer. So so they can get interoperability, not at the atomic level, between cross roll up and, and with Sorana, but also with the chains that are outside of this ecosystem, like, you have Arbitrum, Optimism, ZK Sync.β - Anil (0:00)π
- βWe are working on certain other aspect of how you can execute transaction in a faster way on Solana. Signature less, gas less. So different ways where you would have a a a wrong token or you you would pay premium pricing, for these services.β - Anil (0:00)π
- βWe are, bringing out, DA. So you can use Solana as a DA.β - Anil (0:00)π
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