Is Solana (SOL) the Ethereum Killer? w/ Anatoly Yakavenko (Ep. 362)

Anatoly Yakavenko is the co-founder of the Solana protocol (SOL) which claims to solve the biggest problems facing blockchains like Bitcoin, Ethereum, Cardano and others. Rather than proof of work or proof of stake, Solana is pursuing what is called proof of history. Anatoly on Twitter: https://twitter.com/aeyakovenko https://solana.com Solana on YouTube: https://www.youtube.com/channel/UC9AdQPUe4BdVJ8M9X7wxHUA Timestamps: 00:00 - Intro 00:58 - Pros and Cons of Proof of Work 6:50 - Solving for peer-to-peer information flow vs store of value 12:00 - Transactions per second on Solana 14:28 - Cost per transaction on Solana 15:40 - Smart contracts on Solana vs EVM (Ethereum Virtual Machine) 19:12 - Is there a need for Ethereum 2.0? 22:40 - Maximizing censorship resistance as unique priority for Solana 30:38 - Bitcoin lightning network? 31:45 - Future of payments? 40:25 - Thoughts on Dogecoin 42:10 - How important are memes/community vs technology? 46:10 - Problem Solana is solving 54:22 - Transaction fees and scalability 56:10 - Weaknesses of Solana 1:03:35 - Proof of history (vs proof of work and proof of stake) 1:17:44 - Can Solana be hacked? 1:21:18 - Bitcoin energy consumption 1:27:30 - Proof of stake challenges 1:30:00 - Other interesting blockchains - Cosmos, Bitcoin, Ethereum 1:33:27 - Are we in a short-term crypto bubble? Disclaimer: At time of this video recording, my crypto holdings are ADA, ETH, BTC. Social 🐦 Twitter https://mobile.twitter.com/heydave7 🎧 Apple Podcast: https://podcasts.apple.com/us/podcast/dave-lee-on-investing/id1493031991 🎙️Spotify https://open.spotify.com/show/2iin015s0k21Bt4ldep9XT?si=uBV4Ft8hQEu_GE4YSIDDGg 📸 Instagram https://www.instagram.com/heydave7 Dave Lee on Parenting, https://www.youtube.com/channel/UCWD9b1BZqi2G2u30sGYIFrA 💁🏻‍♂️ Disclaimer: All content on this channel is for discussion and illustrative purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Should you need such advice, consult a licensed financial or tax advisor. All views expressed are personal opinion as of date of recording and are subject to change without responsibility to update views. No guarantee is given regarding the accuracy of information on this channel. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Author is long TSLA, LMND, SQ, and other stocks at time of original video publish date. Buying a Tesla? 🚗 Car: Use my referral link to receive 1,000 free Supercharger miles with the purchase of a new Tesla. http://ts.la/david7556 ☀️ Solar: You’ll get $100, I’ll get $500 for a new install of a Tesla solar system. http://ts.la/david7556 Videos: Tesla ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9QkDHJ5hbv5rMvpRse9C-re SpaceX Starlink ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9QrcuyoiO1tjQs_yzer72EI Square ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9Q3PIw2JOQr4qoL_fSrIZA7 Lemonade ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9StEd21tlQBndopSTek8iAZ Company Analysis Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9QMjeqM7he4G7FLhI88ZXdo Interviews: https://www.youtube.com/playlist?list=PLfibpgBinf9QdC6pEaycZvv3pGyvEbO8P Check out my archived articles/posts on Tesla and investing: https://teslamotorsclub.com/tmc/threads/articles-megaposts-by-davet.23473/#post-485768Subscribe to Dave Lee on Investing on Soundwise