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Why One Solana Builder Is Still Optimistic About the Network - Ep. 606

Why One Solana Builder Is Still Optimistic About the Network - Ep. 606

FromUnchained


Why One Solana Builder Is Still Optimistic About the Network - Ep. 606

FromUnchained

ratings:
Length:
35 minutes
Released:
Feb 9, 2024
Format:
Podcast episode

Description

Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.

On Tuesday, Solana suffered a network outage, just shy of a year since its last shutdown. The blockchain had to quickly get a new version out and notify its validators to upgrade to it and restart their systems before blocks could be produced again, resulting in downtime of roughly five hours. This was previously something that had happened regularly to the blockchain, but seemed to have been largely addressed over the past year.
Lucas, the CEO of Jito Labs, which builds infrastructure for Solana and staged a highly successful airdrop last year that helped rejuvenate the blockchain, joined Unchained to discuss what caused the outage, whether it’s something that builders on Solana should be concerned about for the future, recent improvements Solana has made to its technology, whether the implementation of Firedancer would have prevented this incident, and the promise of the Solana phone. 
Show highlights:

What caused the Solana blockchain’s outage this week

Whether Solana needs to have better quality control 

Whether the halt of the network affects the builders in the space

What recent developments in the infrastructure surrounding Solana give Lucas confidence in the network

Whether the Firedancer client that’s now in development would have prevented this week’s outage

The promise of the Solana phone

Whether the network going down presents a setback for the Solana community in terms of recognition and momentum

Whether financial companies will consider using Solana if these issues keep occurring

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Guest

Lucas Bruder, CEO of Jito Labs
Links

Recent coverage of Unchained on Solana:

Jupiter Founder Meow to Critics of JUP Airdrop: ‘Give Me a Break’

Three Crypto Pioneers on Crypto’s Monolithic vs. Modular Debate

Anatoly Yakovenko on Solana’s Astounding Recovery and Its Future Plans

Outage

Unchained: Solana Back Online Again After Suffering 5-Hour Outage


Matthew Sigel’s explanation for why the outage happened

Mert’s tweet on how Solana prioritizes security over liveness

CoinDesk: Can We All Stop Pretending That Solana Is in Beta?



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Released:
Feb 9, 2024
Format:
Podcast episode

Titles in the series (100)

Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how crypto assets and blockchains will change the way we earn, spend and invest our money. Tune in to find out how Web 3.0, the decentralized web, will revolutionize our world. Disclosure: I'm a nocoiner.