In an interview, Solana CEO shared about the main challenge of the Solana project and explained how it was difficult to bring the adoption of the Solana network among the node runners.
In speaking on Breakpoint, Anatoly Yakovenko- Solana Lab CEO- said that the current scalability of Solana is 25,000 transactions per second and has already facilitated around 38 billion transactions so far. To achieve this, the Solana project must have better hardware machines & better internet connection.
Solana Lab CEO further asserted that there was a big need for the Solana project to have lots of support from the node runner to make the Solana better against the high scale challenges.
According to Anatoly, in September the network went offline because of 400,000 TPS and it was the biggest challenge for the network.
Anatoly asserted that if we want to face and fix the challenges easily then we need a high volume of node runners instead of high hash power to make the Solana better against such high scale challenges.
It is worth noting that, here Solana Lab CEO want to see the higher numbers of the node runners (miners & validators) but don’t want to care about the hash power and this is controversial against Satoshi Nakamoto’s Vision with Bitcoin where the higher hash rate is an indication of high decentralized nature. Probably in this situation, Solana Moving towards adoption instead of decentralization of the blockchain industry with totally a different Consensus where 51% is not possible like Bitcoin.
Further, Anatoly said that in future they will focus on increasing the numbers of validators to make the Solana better in terms of scalability. He further added
“The challenge for us is not the technical challenge but the social challenge: How do we change behaviour on this network such that the stake and the way the voting power and how the nodes are distributed maximizes the Nakamoto coefficient”
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