In late 2017, while most people watched Bitcoin prices, one engineer stayed up until 4 a.m. solving a different problem.
That engineer was Anatoly Yakovenko. After years building distributed systems at Qualcomm, he had a simple idea. What if a blockchain could keep its own clock? He called the idea Proof of History. Instead of nodes talking constantly to agree on order, they could prove time had passed using pure cryptography. Transactions could move faster without waiting for constant votes.
He wrote the whitepaper in November 2017. Then he called his old Qualcomm colleagues. Greg Fitzgerald built the first working prototype in early 2018. Stephen Akridge showed how GPUs could check signatures in parallel. Raj Gokal joined to handle the business side. The team first called the project Loom. They later changed it to Solana, after Solana Beach in California where they used to surf before work.
They raised early private funding through 2018 and 2019 while building quietly. On March 16, 2020, the mainnet beta went live. The first block appeared that day. Around the same time a public token auction on CoinList raised about $1.76 million. At genesis, roughly 500 million SOL were created and allocated across the team, early backers, and the Solana Foundation. There is no hard supply cap. New SOL is issued over time, but the rate drops each year and is designed to settle near 1.5 percent long term. Transaction fees are also partly burned.
This is not a sudden success story. It was years of engineering work on speed, parallel processing, and making the network practical for real apps. The team focused on building during the quiet years instead of chasing hype.
As ASHRAF, I look at projects by what they actually shipped and how the design holds up under real use. Solanaβs origin is a clear example of that approach. The idea came from real systems experience, the team built it step by step, and the network launched with a working product rather than just a promise. That kind of path is what I track when I study how networks grow from an idea into something people use every day.
@solana
gm fam
better safe than sorry, especially in crypto.
Security patches take time to reach every server, and one vulnerable website can put users at risk. Avoid suspicious links, keep your browser updated, and never connect your wallet to a site you donβt trust.
Stay alert, protect your assets, and stay SAFU.
Another rooftop, another crazy Tesla Roadster flying test!
That takeoff was insane... but wait for the landing!
Would YOU get inside for the next test flight?
Made with @higgsfield
i just saw this and had to share with you guys
@gmgnai started a base track in its global championship
traders fight on a leaderboard by trading @base coins
the winner takes $20,000
plus a fast track spot in the grand final in london on november 16
and in the final there is a chance to win an aston martin vantage
imo this is a big chance for base traders to show their skill
there is also a base day live stream on october 26 with special guests from the base ecosystem
i don't give financial advice to anyone , always do your own research.
a trader's balance has a tradeoff
it can earn a return
or stay ready for the next position
@grvt_io 2.0 is trying to bring those two jobs together
and the roadmap shows how it plans to do that
Β» late october
earn
tokenized fixed income strategies
targeting up to 11%
a target, not a promise
Β» november
yield as margin
eligible earn balances can back trading positions
while continuing to generate yield
the same capital can now work on both sides
Β» november
stable funding perps
stocks, fx, commodities and indices
zero trading fees
funding once a day
1000+ markets targeted by december 2026
Β» late november
2.0 app
one self custodial balance
fresh branding
and the 2027 roadmap
the bigger idea is how these pieces connect
hold your assets
put eligible capital to work
use it to support trading
keep control of your keys
that is the vision
now the real test is execution
roadmaps are easy to publish
shipping is what makes them matter
i will be watching how Grvt brings this together
Everyone needs a cold wallet to secure their long-term holdings!
Keep your assets safe and secure. Get yourself a #HDLN token today! π½π½π½π½
#Hoodliens $HDLN @Tangem
0xFd149B52C4265E6FE9c6d5AE7a39cCc627703875