2/ Your phone has a heat problem. Every phone does. The clock speed of your processor has a thermal limit — and yet phones keep getting faster. How?
3/ One huge way is parallelization — modern graphics cards are massively parallel, meaning they can run many processes at the same time.
That’s exactly what Solana does.
4/ More importantly, running parallel on the same parts gives you a forecastable path. So if you’re building on Solana today, you can reasonably believe what aggregate throughput will be based on the current trajectories. All without sharding
5/ It’s that predictability — and scalability — that allows people to build for the future.
1/ There are prizes for each of the four IGNITION tracks — Web3, DeFi, Gaming, Arts & Collectables — but did you know that there are also several company prizes? solana.com/ignition
2/ The hackathon will run from August 31 through October 8. Each track will have five winners, with a Grand Prize of $75k USDC and 3 passes to the Solana Breakpoint Conference in Lisbon. 🇵🇹
3/ However, one of the hardest problems in censorship resistance is the challenge of getting people to split their stake between many independent validators.
Greater stake distribution increases the superminority, making the network harder to attack.
1/ The Solana Foundation has joined forces with @metaplex and @Audiusproject to launch a Creator Fund aiming to bring in the next wave of musicians, artists and more into crypto!
2/ Crypto networks are now providing infrastructure for creators and artists of all kinds to connect directly with their fans and sidestep extractive networks, management firms, and centralized social media platforms.
3/ We can't afford to wait for creators to discover what blockchains can do for them.
The Solana community needs to bring blockchain to creators. The creator economy should be built on Solana, and initiatives like this will kickstart it.
1/Announcing the Solana Season Hackathon! #solanaszn
🏆 Up to $1 million in prizes/seed funding
🌍 Anyone with an internet connection can join
4️⃣ Additional regional tracks
🗓️ Running May 15 - June 7
🏁 Registration is live today
2/The hackathon will bring together developers, designers, and business operators from around the world moving the DeFi, Web3, and NFT ecosystems forward by leveraging Solana's speed, low fees, and scalability.
1/ Today $40m an additional investment will flow into the Solana ecosystem to support the next great generation of blockchain projects and ecosystem companies building on Solana.
This is only possible because of the astonishing progress of builders, creators, and users of SOL.