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Solana Labs CEO: 'We want to synchronize the world at the speed of light'

2022/11/06 00:39

According to The Block, Solana has faced and overcome a lot of challenges over the past year, said Solana Labs CEO Anatoly Yakovenko, as it remains on its path to providing a fast, scalable blockchain. Yakovenko discussed how the blockchain has struggled with maintaining uptime, particularly in June, but new developments should avoid this in the future. He then broke down the blockchain's four biggest problems moving forward; if it's able to solve these, then it will achieve the blockchain's ultimate goal. "We want to synchronize the world at the speed of light," Yakovenko said on stage at Breakpoint, Lisbon, in an interview with Austin Federa, head of communications at Solana Foundation. In June, block times fell to one second between blocks on average, he said. While this seems fast — and is faster than blockchains like Bitcoin and Ethereum — it’s slow for Solana’s typical performance. This was due to the network going down on occasion as it struggled with spam on the network.
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