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  • Solana Breakpoint State of The Network Keynote

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    This document provides a retrospective and look ahead at the Solana ecosystem from 2019 to 2022 and beyond. Some key highlights include: - The Solana ecosystem has grown significantly with over $1 billion in funding, 64,000 participants, and 3,000+ demos and submissions. - Decentralization has increased with over 3,600 nodes, 2,100 validators, and a Nakamoto Coefficient of 30. - Activity on Solana continues to rise with over 11.5 million active accounts and 1.7 million active fee payers in October 2022. - Areas like games, DAOs, payments, DeFi, and NFTs are thriving on

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    Solana Breakpoint State of the Network Keynote

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    This document provides a retrospective and look ahead at the Solana ecosystem from 2019 to 2022 and beyond. Some key highlights include: - The Solana ecosystem has grown significantly with over $1 billion in funding, 64,000 participants, and 3,000+ demos and submissions. - Decentralization has increased with over 3,600 nodes, 2,100 validators, and a Nakamoto Coefficient of 30. - Activity on Solana continues to rise with over 11.5 million active accounts and 1.7 million active fee payers in October 2022. - Areas like games, DAOs, payments, DeFi, and NFTs are thriving on

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    © All Rights Reserved
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    10 views34 pages

    Solana Breakpoint State of The Network Keynote

    Uploaded by

    asd
    This document provides a retrospective and look ahead at the Solana ecosystem from 2019 to 2022 and beyond. Some key highlights include: - The Solana ecosystem has grown significantly with over $1 billion in funding, 64,000 participants, and 3,000+ demos and submissions. - Decentralization has increased with over 3,600 nodes, 2,100 validators, and a Nakamoto Coefficient of 30. - Activity on Solana continues to rise with over 11.5 million active accounts and 1.7 million active fee payers in October 2022. - Areas like games, DAOs, payments, DeFi, and NFTs are thriving on

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    of 34

    Looking back

    Looking forward

    Welcome back!

    2019
    2022

    2021
    The 🐻
    State of the ecosystem
    $1B
    Funding

    64K
    Participants

    3K+
    Demos + Submissions
    2023
    Decentralization

    3,621 2,160 30
    Nodes Validators Nakamoto Coefficient

    230 9%
    Unique data centers Largest share of stake
    with staked validators in a single data center
    (in 33 countries)
    Activity on Solana
    Active Accounts Active Fee Payers

    11.5M 1.7M
    October, 2022 October, 2022

    22.4M Peak 2.7M Peak

    Source: Nansen; Flipside


    Devs on Solana
    20,717
    1,114

    7,151
    390

    2,405 120

    Aug ‘21 Dec ‘21 Nov ‘22


    Aug ‘21 Dec ‘21 Nov ‘22

    Github Developer Repos Daily Unique Programs


    Where Web3 is headed

    Crypto is here

    Internet users as a % of the U.S. population


    from 1990 to 2020

    Source: World Bank, Insider Intelligence


    New Paradigms
    Games
    Games on Solana

    1,100 15 50+
    Solana Foundation Live games now Projects in
    Games Day attendees (37 expected by March) Solana Games Kit

    DAOs on Solana
    15M SOL

    1,699
    7,692
    DAO proposals

    1 346K SOL
    31,793
    DAO votes
    Aug ‘21 Nov ‘22 Aug ‘21 Nov ‘22

    # of DAOs SOL Managed by DAOs


    Payments on Solana
    DeFi on Solana
    $8.2B
    41M SOL

    30M SOL

    $964M
    $150M+
    Raised for DeFi projects
    on Solana in 2022
    Nov. 1 ‘21 Nov. 1 ‘22
    Nov. 1 ‘21 Nov. 1 ‘22

    TVL in USD TVL in SOL


    NFTs
    NFTs on Solana

    $1.1B $2.5B 21.9M


    Primary Sales Secondary Sales NFTs Minted

    7.2M Wallets
    150KCreators
    Where Solana is headed

    The hard The hard


    problems being problems yet to
    solved now be solved
    Mobile
    Dev kits Production units
    Shipping in mid-December Shipping in early 2023

    Seed Vault Solana dApp Store

    Live now! Saga dev kits Submissions in


    to support Seed Vault January

    1 Global State Machine

    2.5 Years Live

    11 Major Releases
    Activity on Solana
    Average time to produce a block in 2022

    112B 1.10

    Nov. 5, 2022

    Total transactions
    (vote + non-vote) Transactions (vote+non-vote) per second in 2022

    The Hard Problems


    Being Solved Now on Solana

    Reliability Programmability
    QUIC Token22
    QoS Move / Solidity
    Local fee markets Seahorse
    Firedancer SMS
    Jito
    Coral (Anchor)
    Mango

    The Hard Problems


    Being Solved Now on Solana

    Performance Security
    Deterministic turbine Seed Vault
    Zero-copy runtime More Validators
    Replay optimizations Automated Audits
    Tx scheduler

    The Really Difficult Bombs


    The Really Difficult Bombs: Programmability

    Formal Type-Rich Dynamic


    Verification Bytecode Pricing for
    Storage
    Provable security Eliminates Enables validators
    guarantees Cross Program Invokes to configure
    between programs expected state size

    The Really Difficult Bombs: Network Level

    Diet Bankless
    Clients Leaders APEX
    Safety guarantees from Block production Separates
    validator minority without transaction program execution
    execution from fork selection

    T H E M O T H E R O F A L L D I F F I C U LT B O M B S

    Multiple
    Concurrent
    Block Producers
    Consensus
    at the speed of light
    Thank you!

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