Solana Co-Founder Raj Gokal Discusses Web3, Scalability, and Real-World Adoption
In a recent interview with Cointelegraph, Raj Gokal, co-founder of blockchain protocol Solana and chief operations officer of Solana Labs, discussed various aspects of Web3, scalability, tokenization, and more1. One of the notable topics addressed in the interview was the real-world use cases of Web3. Gokal highlighted the emergence of decentralized physical infrastructure networks, exemplified by projects like Helium and Hivemapper.
Gokal started his career in venture capital with a focus on high-growth tech business. For seven years, he focused on health tech, first with wearable sensors using Bluetooth Low Energy as a wireless protocol, then leading product management at Omada Health1. After meeting Solana co-founder Anatoly Yakovenko and seeing his “vision to resolve scalability in crypto,” Gokal immersed himself in the crypto industry.
Gokal mentioned that developers often lead the way in creating real-world use cases for Web3. Helium established a decentralized 5G network with 1.5 million hotspots before transitioning to Solana. Similarly, Hivemapper launched its decentralized maps, utilizing a distributed global workforce equipped with dashcams1. This is now an alternative to a centralized organization like Google deploying tens of thousands of cars that it owns to map the roads.
These ventures showcase the viability and significance of leveraging low-cost, scalable blockchain technology to create innovative solutions. Developers across the world come together without any central authority and create successful business models with tangible value.
When asked about architectural considerations essential when building real-world solutions on layer-1 platforms, Gokal emphasized the benefits of parallelized transaction processing and validation. Solana pioneered these features, optimizing for speed with 400-millisecond block times and near-instant confirmations.
In conclusion, Solana co-founder Raj Gokal discussed various aspects of Web3, scalability, tokenization, and more in a recent interview with Cointelegraph. He highlighted the emergence of decentralized physical infrastructure networks as a real-world use case for Web3 and emphasized the importance of parallelized transaction processing and validation when building real-world solutions on layer-1 platforms.
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