Solana: Blockchain Apps that Scale

Presented by Women Who Code: CONNECT Forward Virtual Conference 2020
Speaker: Grace Kwan

Since the launch of Bitcoin in 2009, the world has been captivated by the vision of an Internet-native currency that’s flexible, borderless, and evolves with the times.

Bitcoin painted a vision for peer-to-peer electronic cash. Ethereum introduced the idea of programmable money. However, both projects have fallen short of their grand vision because transaction speeds are simply too slow and fees too high.

Enter Solana, a blazing-fast (400ms block times), nearly-free ($0.0001 USD per transaction) blockchain. These two factors give Solana the scale necessary to make cryptocurrency useful for everyday people. Think access to stable currency in developing economies, instant, fee-free borderless remittances, and the ability to custody your own money, free of a bank.

However, that scale comes with tradeoffs. Compared to writing smart contracts for Ethereum, Solana programming is considerably lower-level and more involved. In this session, we’ll cover the key things devs should know when writing Solana apps and write a simple program together.

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