Solana: From a Garage Startup to One of the Largest Blockchains
I researched an interview with $SOL CEO Daniel Albert
The info I found was shocking...
Here is the past and the future of Solana Foundation
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Why did Daniel join Solana?
He has been following the cryptocurrency industry since 2017
He joined Solana full-time in 2019
All the co-founders of Solana and most of the early developers, we all came from Qualcomm
Qualcomm is a large technology company; they manufacture chips for mobile phones and mobile networks
Daniel didn't join SOL immediately when he was invited because of his work in Antarctica
But later in 2019, he eventually agreed and entered SOL with 10-12 other people
What was Solana in 2019?
They had a small office in San Francisco, but they worked in Greg's basement during that 1st summer of 2019
$SOL
TX processing and the super-fast consensus that SOL is famous for were already functioning
Firstly they just play with stuff in Greg's house
Then they took it to a data center, installed them in a rack, and this was the 1st physical installation of SOL validators
About parallel execution of TXs
This is the main reason for the high TPS
SOL's consensus mechanism is very different from many EVM-compatible networks
The parallel execution engine allows Sol's environment, which actually processes your tx, to scale with the hardware
When performing tasks in parallel, it simply applies more cores and achieves greater parallelism over time
As long as people use the internet, and Intel, AMD, and Nvidia fight, chips will get faster, and data transfer speeds will increase Solana will always get faster
How meme coins affect the Solana ecosystem?
Overall, meme tokens are a healthy phenomenon
Firstly, they are fun. Solana is simple, fast, and cheap
Secondly, meme tokens create fertile ground for experiments, just like NFTs did
#SOFR_Spike #US_Job_Market_Slowdown #BinanceTurns7 #VanEck_SOL_ETFS
