We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Can Solana Seize Marketshare From Ethereum With Serum? - Ep.193

Can Solana Seize Marketshare From Ethereum With Serum? - Ep.193

2020/10/6
logo of podcast Unchained

Unchained

Shownotes Transcript

Sam Bankman-Fried, the CEO of FTX and Alameda Research,  and Anatoly Yakovenko,  the co-founder and CEO of Solana Labs, discuss the Project Serum ecosystem that they are building on the Solana blockchain, and the unique approach to scaling the Solana blockchain is taking.

In this episode, they talk about:

  • their backgrounds, and how they became involved in crypto
  • why Solana takes a different approach to scaling and how it is implemented
  • why they think a relatively lower number of nodes is sufficient to protect from attacks or collusion
  • what the vision for Solana is, who they see using it, and how Serum fits into that vision
  • why they think there haven’t been more crypto projects migrating to Solana yet
  • Solana’s proof-of-history algorithm and how it works
  • how Solana plans to attract DeFi developers
  • why Serum was made interoperable with Ethereum
  • the types of traders they are hoping to attract with Serum, and what their experience will be like on the platform
  • why Project Serum is an ecosystem and not just an order book exchange
  • how high-frequency trading firm Jump Trading came to adopt Serum
  • how Serum will manage trading tokens from different chains
  • the purpose of Serum’s two tokens, SRM and MSRM
  • and what’s in store for Project Serum in the future

 

Thank you to our sponsors! 

Crypto.Com): https://www.crypto.com)

Gods Unchained: https://playgu.co/unchainedpod)

 

Episode links: 

Anatoly Yakovenko: https://twitter.com/aeyakovenko)

Solana: Solana.com)

Sam Bankman-Fried: https://twitter.com/SBF_Alameda)

Project Serum: https://www.projectserum.com)

Project Serum on Twitter: https://twitter.com/projectserum)

 

Solana CoinList auction in March: https://www.theblockcrypto.com/linked/59952/blockchain-project-solana-raises-1-76m-from-its-launch-auction-on-coinlist)

 

Solana network stats: https://explorer.solana.com)

 

The Block Research on Solana: https://www.theblockcrypto.com/genesis/76615/solana-blockchain-overview)

 

Proof of history: 

https://medium.com/solana-labs/proof-of-history-a-clock-for-blockchain-cf47a61a9274)

 

Serum: https://www.theblockcrypto.com/daily/72924/ftx-dex-serum-solana-blockchain)

 

Tether: https://medium.com/solana-labs/tether-to-bring-usdt-to-the-solana-network-77864184b20)

Jump Capital: https://www.theblockcrypto.com/post/76826/veteran-market-maker-jump-trading-forays-into-defi-to-provide-liquidity-for-ftxs-solana-based-dex)

Learn more about your ad choices. Visit megaphone.fm/adchoices)