Speaker unverified: belief

Transcript context

…Does that mean that this network requires pretty great internet connections in order to be Solana-based versus operating a Bitcoin node? Exactly. That's because this is maximizing the amount of information that anybody can synchronize on over as many parallel bits as we can. If all of these events are parallelizable, if these are different markets—there are 700,000 different markets, they all want to do one event per second—we can all schedule all of them. That's how you can think about it. That capacity is all over a single giant table of state that you can execute over. As bandwidth gets cheaper and as hardware gets better—AMD doubles the number of cores and video doubles in number of lanes per GPU, PCI busses go from like PCIe 4.0 is from one terabit to two terabit in the next version—that means that we can then inject more data at these data centers with bandwidth right now, it goes to 20 gigabit, process it, and then synchronize it around the world. At the base hardware layer, if you're just looking at the hardware specs, I think you can do tens of millions of transactions per second, but this is going to be blood, sweat, and tears to get the software to get to use all of those. That's just such an order magnitude higher than the card state of the Ethereum network. You can imagine why. If you're building Uniswap now or the next Uniswap or the next whatever, we should talk about what this enables. It's just no question where you're going to run most of your transactions.…

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