Category Archives: Solana News

Cryptonomics: Smart Contracts Explained

The most significant adoption will be mainstream businesses using smart contracts for daily use. Imagine going to the car dealership with no wallet, no paper bills, and only your mobile device to sign agreements using smart contracts. ‍ Abstract Following closely in the success and widespread adoption of blockchain technology and cryptocurrency are smart contracts’. [Read more…]

AlphaRay – Founder of Raydium Ep #40

EPISODE SUMMARY In this episode, AlphaRay discusses the origin of Raydium, working with Solana and FTX, fusion Pools, the importance of communities, and the future of decentralized governance. 00:25 – The story behind Alpha and Raydium 10:26 – What are Fusion Pools? 15:07 – Teaming up with FTX/Serum and being among the first to build[Read more…]

Cryptonomics: What Is Impermanent Loss?

Impermanent loss (IL) is a loss of funds that a user will incur when they provide liquidity on Automated Market Making (AMM) exchanges. AMM’s utilize an algorithm and game theory to generate liquidity, in turn, creating IL through the arbitrage opportunities presented. ‍ AMMs, DEXS and Impermanent Loss As Decentralized Finance (De-Fi) has experienced a[Read more…]

Kevin Rose – Partner at True Ventures Ep #44

EPISODE SUMMARY Kevin Rose is a partner at True and a serial entrepreneur best known for founding Digg and Revision3. Most recently, he founded Oak, a guided meditation app, and Zero, an app for tracking intermittent fasting. 00:08 – Introduction of Kevin Rose, Modern Finance and the story of Reddit vs. DIGG 06:04 – From[Read more…]

Solana X Serum Hackathon Results and Future Ecosystem Incentives

Solana and Serum recently partnered to hold the first-ever DeFi Hackathon. This event was held to further bootstrap the growth of the Solana ecosystem with over 100 participating projects. ‍ Solana X Serum Hackathon This event bolstered tons of attention with over 3,000 builders and submissions from over 100+ projects. The hackathon maintained support from[Read more…]

Santiago Santos – Partner at ParaFi Capital Ep #39

EPISODE SUMMARY Anatoly and Santiago sit down to cover the stages of crypto, the major benefits of decentralized finance, on-chain transparency, the future of decentralized collaboration, and plenty more. ☀️ 00:31: Who is Santiago Santos, and why crypto? 09:07: At what stage are we in crypto? Are finance applications the equivalent of the internet in[Read more…]

Cryptonomics: Yield Farming Explained

Yield farming refers to a blockchain protocol that incentives users with some holding of crypto assets to ‘lock-up’ those holdings with a custodian(the protocol). Introduction The concept of Yield Farming surely creates an imagination of agricultural activity to any mind new to cryptocurrency and the blockchain space. While yield farming may sound a bit obscure,[Read more…]

Cryptonomics: Decentralized Exchanges Explained

Decentralized exchanges (DEX) leverage block-chain technology; instead of relying on a centralized entity, a network of computers is used to complete and verify transactions. ‍ Exchanges Exchanges have been utilized since the inception of cryptocurrencies to facilitate transactions. Exchanges play a role similar to modern-day brokers, matching buyers and sellers user order books. These are[Read more…]

Project Serum: A Pioneering On-Chain Dex Building Infrastructure on Solana

Serum’s goal is to develop an infrastructure that propels DeFi into everyday industrys. The launch of the protocol on the Solana mainnet has displayed the true power of the protocol and its on-chain orderbook. Introduction Decentralized Finance (DeFi) has displayed the power of finance when handled in a decentralized and permissionless way. This sector of[Read more…]

Solana Labs: A Complete and Hyper-Scalable Layer-1 Blockchain Network

Solana achieves scalability, security, and decentralization, unlike no other blockchain. Solana has already launched on the main net and the ecosystem is rapidly developing ‍ Introduction Solana is one of the most powerful layer-1 blockchains with smart contract capabilities. They aim to implement a blockchain that solves the biggest issues seen currently–-scalability, security, and decentralization.[Read more…]