Lucas Bruder and Liam Heeger join us to discuss how Firedancer will transform Solana. Lucas (the co-founder of Jito) and Liam (a core engineer at Jump working on Firedancer) are two of the most talented developers in the Solana ecosystem. In this episode, we cover Solana's scheduler challenge, blockspace market dynamics, how Jito impacts transaction efficiency, Firedancer's goal and impact on client diversity, governance, validator profitability, applications for Jito's Stakenet and more!
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(00:00) Introduction
(00:56) Solving Solana’s Core Challenges
(11:11) The Downstream Effect of Solana’s Network Jitter
(14:12) Jito’s Role in Optimizing Solana’s Performance
(17:43) Intro to Firedancer and Validator Clients
(23:24) DAS London Plug
(24:21) Firedancer and Client Diversity
(39:27) Why Optimize the Base Layer?
(43:28) How Multiple Clients Impact Shipping Velocity
(49:56) JitoSOL and Governance Responsibilities
(52:33) Validator Profitability
(55:18) Stakenet and Restaking
(01:02:53) Predictions and Hot Takes
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Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-2024-london/home
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Resources
WTF is Stakenet by Lucas
https://buffalu.substack.com/p/wtf-is-stakenet
Umbra Research
https://www.umbraresearch.xyz/
Jito
Jump Trading
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Disclaimers:
Lightspeed was kickstarted by a grant from the Solana Foundation.
Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.