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Solana

In the best position to become the consumer chain driven by industry adoption of DePIN feedback loops?

Business Model​

What is the business case for investing time and resources into the Solana blockchain?

What is the North Star for the Solana blockchain?

Tokenomics​

MEV is a key component of Solana's tokenomics.

Leadership​

  • How clearly communicated is the vision?
  • How consistently is the vision communicated?
  • How well is the vision understood by the community?

Interviews:

Community​

Memecoins:

  • BONK: meme (ulture) coin.
  • WIF: Dog Wif Hat.
  • MOTHER:

Showcase​

What are top 5 projects built on Solana that prove the leadership's vision?

Adoption by incumbent industry leaders.

Analyst Reports​

Engineering​

Clear and consistent focus on hardware integration to maximize performance.

Features​

  • Token Extensions, aligned focus on delivering customer value by providing native support for enterprise features
  • Designed to be the most scalable blockchain for mass adoption
  • High speed, low fees, and a single global state machine allowing composability
  • Extract maximal benefit from hardware evolution.
  • Blinks and Actions
  • Ex Qualcomm Engineering
  • MEV, has both healthy and unhealthy forms

Firedancer​

Firedancer is a new validator being developed by Jump Crypto in C language

  • Highly optimized for performance with zero technical debt
  • Expected to launch on mainnet in late 2024
  • Will provide true decentralization with a second independent validator implementation

Principles​

Principles for architecture and engineering are driven by answering "How minimal can I make the cognitive load for developers to understand the code, then how can I optimize data flow?"

Laser focus on data flow and locality:

  • Modern programming paradigms often hide data flow and locality, which are crucial for performance.
  • Systems should be designed with data flow in mind from the start.
  • Locality is critical for high-performance computing.

Resource planning and allocation:

  • Pre-allocate resources (memory, cores) at job startup rather than relying on dynamic allocation.
  • Be explicit about resource requirements and limitations.
  • Avoid using features like malloc that pretend resources are infinite.

Use a tile architecture:

  • Assign specific tasks to dedicated cores or "tiles".
  • This allows for specialization, efficient caching, and deterministic performance.
  • Provides natural security boundaries between components.

Rethink abstraction layers:

  • Many modern APIs and operating systems hide important low-level details.
  • Create abstractions that allow developers to express locality and data flow without needing to understand all low-level details.

Optimize for real-world constraints:

  • Consider physical limitations like the speed of light.
  • Design systems with concurrency budgets in mind (e.g., number of instruction pointers available).

Encourage proper resource management:

  • Provide developers with tools and abstractions that naturally lead to good resource allocation practices.
  • Avoid relying on the operating system or language runtime to magically handle resource management.

Focus on reliability and determinism:

  • Design systems to be hyper-deterministic and reliable.
  • This is crucial for financial applications that require quick, consistent responses.

Plan for scale from the beginning:

  • For systems like Solana, think in terms of millions of transactions per second and huge numbers of accounts.
  • Design for quick recovery from outages.

Rethink networking protocols:

  • Existing protocols like QUIC may not be optimal for validator needs.
  • Consider designing purpose-built protocols for high-performance blockchain systems.

Address implicit behaviors:

  • Spend time identifying and specifying all implicit behaviors in the system.
  • This is crucial for creating a reliable and consistent implementation across different clients.

Developer Roadmap​

Solana Rust Roadmap

Product Development​

Onboarding​

Participation progression. How good is the onboarding experience relative to other blockchains?

Learning Resources​

Official: Solana Developers

YouTube Creators:

Example Apps from simple to more complex.

Hackathons​

Attachments​