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Published · transcript-backed

Speaker unverified: belief

19 Jul 2021 Acquired Special: Solana (with CEO Anatoly Yakovenko)

“What we set out to build Solana was, I think we just never thought of Solana as replacing digital gold, sovereign money, or anything like that.”

— Speaker unverified

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Everything needed to verify it.

Speaker
Speaker unverified
Attribution
Not verified from this transcript
Claim type
belief
Recorded
19 Jul 2021
Publisher
Acquired

Transcript context

…It's the same order of magnitude as Bitcoin and way more complex transactions because there are smart contracts that are executing. There are just a lot more interesting use cases of this decentralized computer but still relatively the same speed as Bitcoin. I would say that it's twice as much. That's enough to do a ton of really cool stuff. That's enough for governance for a bunch of communities to form. The growth that you're seeing in Ethereum is real. There are real people using the network just for what it was designed for. That's really cool, but it really needs this change from either ETH 1 to a chartered system, or ETH 1 to a bunch of roll ups or layer twos, or however you want to design that to really take on a billion users. That's just not going to happen there. What we set out to build Solana was, I think we just never thought of Solana as replacing digital gold, sovereign money, or anything like that. There's a store of value in this.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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