Blockchains are a new settlement and ownership layer, one that’s programmable, open, and global by default, unlocking new forms of entrepreneurship, creativity, and infrastructure. Growth in monthly active crypto addresses is generally tracking the
The economics of the internet are already changing. As the open web collapses into a prompt bar, we have to wonder: Will AI lead to an open internet or a maze of new paywalls? And who will control it — big centralized companies or broad communities
On Solana, there have been instances where there are more transactions at the network layer than nodes are able to process, often due to malicious attacks. Max Resnick (Special Mechanisms Group) describes how Solana currently addresses this via using stake weighted quality of service where certain network connections to the leader in a slot are reserved for nodes with large amounts of stake. Max explains some of the negative side effects of this approach along with proposing a new auction based approach that addresses some of these downsides.
About the presenter
Max is head of research at Special Mechanisms Group. He earned his MS in economics from MIT, and a BS in mathematics from the University of Michigan.
About a16z crypto research
a16z crypto research is a multidisciplinary lab that works closely with our portfolio companies and others toward solving the important problems in the space, and toward advancing the science and technology of the next generation of the internet.
More about us
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