Solanas co-founder sees potential for his blockchain to be the Apple of crypto

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While some crypto companies are embraced by the mainstream through partnerships, alliances, or deals with big brands, others operate to the beat of their own drum and don’t care if a big label is with them. they.

Solana, a layer 1 blockchain launched in 2020, is one of the biggest chains that developers rely on. Excluding stablecoins, Solana is the eighth-largest cryptocurrency by market capitalization at around $7.6 billion, according to data from CoinMarketCap.

Solana has the potential to be the Apple of crypto, co-founder Raj Gokal told TechCrunch+. For many years, Apple focused on two things: user experience and performance, he said. I’m thinking of Apple, who worked for almost a decade on touchscreen latency to get the iPhone out and it was like magic.

There was a lot to build on this platform to bring the iPhone, App Store and app ecosystem to where it is today, Gokal added. But it all started with a relentless focus on one simple interaction that had to work perfectly.

And that’s a goal that Solanas core engineering and ecosystem has, he said. It is important to create a network that resembles the ordinary Internet, when it is an entirely new financial Internet.

It’s also worth mentioning that Solana may be trying to compete with Apple through its own web3-focused Android smartphone, Saga, which rolled out to the public in April (I was able to test one). Solana says Saga was launched to make crypto products and services more accessible to users by offering them through a phone instead of the traditional way of accessing crypto platforms and applications: using computers.

There are many things the network does to stay fresh and competitive. The basic thesis will be [focused on] new businesses, new projects, independent developers, Gokal said. We are still in an ecosystem and community that is optimistic about what two developers in a garage can do.

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