Blockchain Rebuilt for Scale

Lightning-fast distributed ledger technology for mission-critical decentralized apps.

TIME AS DATA

Proof of History: The Key to Speed

We’ve created a cryptographically secure and trustless time source – and built a blockchain around it. This allows nodes in the network to verify the time and order of events without witnessing them directly, drastically reducing messaging overhead and unlocking massive network optimizations.

NO SHARDING

Finally, Scaling Without Sharding

We don’t believe in compromising security. Solana takes existing blockchain architecture and algorithms and improves on them instead of overlaying additional complexities such as sharding.

Speed & Security

Layer 1 Security with Layer 2 speeds. No compromises.

use case

use case

use case

use case

Applications

  1. Decentralized Exchanges
  2. Payments
  3. Distributed Web Services and Storage
  4. Distributed Ad Exchanges
Decentralized Exchanges

Imagine a decentralized trading system that never touches users’ private keys. The entire order book is securely included in the blockchain replicated state while retaining all the performance characteristics of Nasdaq. At 710k tps, Solana can fit Nasdaq's volumes with room to spare. We enable this using atomic cross chain transactions combined with tradable swaps.

Payments

Payments are the holy grail of blockchain, but adoption and scalability are inevitable hurdles. Solana's transaction costs are to be on the order of $0.000001 and lightning fast. Bitcoin's throughput, at 3 payments per day per person, is only enough to service the population of Berkeley, California. We can do better. Solana lays the foundation for the payments platform that blockchain has always promised.

Distributed Web Services and Storage

The future of cloud storage and web services can be decentralized, encrypted, permissionless, and secure. Decentralized file storage systems have the potential to eliminate high markup and human capital costs, and set new standards of unit economics for distributed data storage. Solana provides a scalable path for this future to become a reality.

Distributed Ad Exchanges

If ads are traded on a single, transparent platform, all sorts of ancillary data-driven industries can sprout up: tracking and measurement, rating, and industry reporting. These business models would require nodes to keep much more extensive ledgers than just day-of transactions. At the same time so we need a highly scalable chain to support this future of ad tech (Google serves up 340,000 ads per second).

Roadmap
November 2017

Whitepaper Published

Februray 2018

Single Node Private Testnet

June 2018

Multinode Private Testnet

July 2018

Testnet alpha

September 2018

Payments SDK

Current

smart contracts engine

Upcoming

validator Node completion

Upcoming

live mainnet

The Team
Anatoly Yakovenko

CEO

Anatoly is the creator of Solana. He led development of operating systems at Qualcomm, distributed systems at Mesosphere, and compression at Dropbox. He holds 2 patents for high performance Operating Systems protocols, was a core kernel developer for BREW which powered every CDMA flip phone (100m+ devices), and led development of tech that made Project Tango (VR/AR) possible on Qualcomm phones.

Greg Fitzgerald

CTO

Greg is the principal architect of Solana. Formerly of Qualcomm's Office of the Chief Scientist, Greg has explored the full landscape of embedded systems. He created a bidirectional RPC bridge between C and Lua for the BREW operating system, helped launch the ARM backend for the LLVM compiler toolchain, and published a variety of open source projects including a streaming LLVM optimizer in Haskell, license analysis tooling in Python, and a reactive web framework in TypeScript. If you have time to burn, ask him "Why Rust?" We dare you.

Raj Gokal

COO

Raj leads operations, product, and finance. He has spent 10 years in product management and finance. He was a venture investor at General Catalyst, started the consumer medical device company Sano which attracted over $20m in investment, and led product management at Omada Health as it grew tenfold.

Eric Williams, PhD

Chief Scientist

Eric heads data science and token economics. He studied particle physics at Berkeley and received his PhD from Columbia while Higgs hunting at CERN. He completed a postdoc in Medical Physics at Memorial Sloan Kettering Cancer Center and later led data science at Omada Health.

Anatoly Yakovenko

CEO

Greg Fitzgerald

CTO

Raj Gokal

COO

Eric Williams, PhD

Chief Scientist