Solana Labs CEO Speaks About The Blockchain’s Web3 Future
- At the Solana Breakpoint event, co-founder Anatoly Yakovenko discussed the progress of the devs towards a blockchain system that would be lightning fast, secure, and scalable.
- The focus of Yakovenko’s session was on presenting the next measures Solana will take to tackle the complex problem of consensus improvement, while he did acknowledge the team’s prior struggles.
- Yakovenko brought up a number of issues that may pose serious problems for Solana in the future and stated that the blockchain making progress towards resolving them.
At the Solana Breakpoint event in Lisbon on Saturday, November 5, co-founder of the blockchain project, Anatoly Yakovenko discussed the progress being made by the team towards a blockchain system that would be lightning fast, secure, and scalable during a conversation with Austin Federa, Head of Communications at the Solana (SOL) Foundation.
“We’re really building something that is trying to get to consensus at the speed of light. We want to synchronize the world at the speed of light, as close as physics allows.”Co-founder of the blockchain project expressed.
Yakovenko addresses major issues with Solana
The focus of Yakovenko’s session with Federa was on presenting the next measures Solana will take to tackle the complex problem of consensus improvement, while he did acknowledge the team’s prior struggles.
During the conversation, Yakovenko brought up a number of issues that may pose serious problems for Solana in the future. The blockchain project is making modest progress resolving these issues, given the fact that the number of validators has doubled in the past year. The goal is to have more than 20,000 validators.
Partnership with Google Cloud
At the Breakpoint conference in Portugal, speed and transparency were two of the most discussed topics. A major announcement made on the first day of the conference was that Google Cloud would be joining the Solana Network as a validator. The smartphone by the blockchain platform itself will be built with the help of Google’s open-source Android platform which will be available for pre-order in 2023.
Google Cloud revealed that along with running a Solana validator “to participate in and validate the network,” it is also working on bringing its Blockchain Node Engine yo the Solana blockchain in the next year. During the Breakpoint event, Google Web3 product manager Nalin Mittal stated:
“We want to make it one-click to run a Solana node in a cost-effective way”
Solana is continuously working on expanding its position despite the ongoing crypto winters season. In March this year, Solana NFTs were made to be shown on Adobe-owned Behance profiles via a connection between Phantom wallets and user accounts. It is also important to note that in September an announcement was made that layer-1 blockchain Helium would be moving its ecosystem to the Solana network.
The project needs to catch up to major Web2 enterprises, according to Yakovenko, who believes that lowering network latency is essential to scalability and that Solana is not yet where the team wants it to be. He tells Federa that the resources are available, thus he expects that the issues can be resolved within the next year.