From Garage to Global: The Solana Story
I dug up an interview with Daniel Albert, CEO of Solana ($SOL), and what I found was astonishing! Let me share the fascinating history and future of Solana Foundation.
Why Daniel joined Solana
Daniel had been following cryptocurrency since 2017 and joined Solana full-time in 2019. Interestingly, all Solana co-founders and early developers came from Qualcomm, a tech giant that manufactures mobile phone and network chips. Daniel initially declined the invitation to join Solana due to his work in Antarctica but eventually joined the team of 10-12 people in 2019.
Solana's humble beginnings
In 2019, Solana had a small San Francisco office but operated from Greg's basement during the first summer. The team was already working on $SOL TX processing and the fast consensus mechanism that Solana is famous for. They started by experimenting in Greg's house, then moved to a data center, installing the first physical SOL validators.
Parallel execution: The secret to Solana's speed
Solana's consensus mechanism differs from many EVM-compatible networks. Its parallel execution engine allows the environment to scale with hardware, processing tasks faster with more cores. As internet usage grows and chip manufacturers like Intel, AMD, and Nvidia innovate, Solana will only get faster.
Meme coins: A healthy phenomenon
Meme tokens are a fun and experimental aspect of the Solana ecosystem, creating a fertile ground for innovation, just like NFTs did. They showcase Solana's simplicity, speed, and affordability.
Stay tuned for more updates on Solana's journey!