Search Results for: Raj Gokal

Raj Gokal, co-founder of blockchain protocol Solana, is addressing blockchain scalability through decentralized physical infrastructure networks (DEPIN). He emphasizes well-thought-out factors to create a scalable blockchain system. Despite challenges in industries such as real estate, Solana is working towards stable and reliable Web3 infrastructure, critical for institutional adoption. As industry practices evolve, the blockchain future becomes increasingly tangible.

“In the midst of a crypto winter, the blockchain industry is innovating and adapting. Major shifts like MakerDAO’s potential move from Ethereum to Solana or Cosmos depict this change. Discussions suggesting Ethereum should have a “Supreme Court” for disputes also indicate this evolution. Amid technological advances, the volatile crypto world is reminded: “Money doesn’t materialize out of thin air.””

The Solana (SOL) blockchain, compared to Apple for its strong focus on user experience, aims to revolutionize the crypto world similar to Apple’s impact on the tech industry. By creating a seamless blockchain network, Solana’s recent launch of Saga, an Android smartphone for blockchain applications, garnered attention and positively affected its SOL token value.

Solana Labs announces a 25,000-square-foot community office space in Lower Manhattan, aiming to provide a co-working environment for Solana projects and events. This development highlights New York’s potential as a global Web3 epicenter and emphasizes Solana’s commitment to the blockchain sector.

Crypto venture capital firm Credibly Neutral has raised $5.5 million from investors, including Solana and Polygon founders. The early-stage-focused fund aims to invest in protocols, infrastructure, and crypto software-as-a-service projects while promoting credible neutrality and fostering a more inclusive blockchain future.