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Solana Releases 2020 Annual Review: More than 100 projects have been integrated, and the number of on-chain transactions exceeds 8.3 billion

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In 2020, Solana has overcome many difficulties and achieved an extraordinary year.

Original Title: Solana 2020 Annual SummarySolana

Original Source: Official SolanaOfficial

Foreword

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2020 has been a difficult year for many. Despite the global challenges, Solana's overall ecosystem is still thriving and showing explosive growth. In 2020, Solana has overcome many obstacles and achieved an extraordinary year. From the launch of the Beta mainnet in March, to the number of global communities exceeding 650,000, to the number of verification nodes exceeding 350, and the establishment of partnerships with leading projects in the industry (such as Audius, Circle, Chainlink, Serum, Terra, Akash, etc.). Solana would never be where it is today without the support of the many developers, communities, open source code contributors, and validators involved.

Solana Ecology Overview

In 2020, Solana has achieved considerable development, including Serum, Chainlink, Terra, Audius, USDC and USDT and other well-known projects have joined the Solana ecosystem. Since the launch of the Beta mainnet at the beginning of the year, various indicators have performed very well:

covering DeFi, blockchain games And Web3 vertical field, more than 100 integration projects The cumulative number of transactions exceeds 8.3 billion

The number of blocks exceeds 54 million

Unique The number of SOL wallet addresses is 4.9 million

more than 600,000 global fans and community members

more than 1,000 Developers participated in the hackathon held in the fourth quarter

Important cooperation

Strong The partnerships and integrations of the network are critical to the long-term success of all layers of the network. In 2020, Solana focused on developing a full set of features, allowing the beta mainnet to support more than 100 projects. Some of our more notable partners include Chainlink, Circle, Audius, Akash, Arweave, Tether, and Terra.

If you are interested in developing on Solana, please check out our ecosystem page, which has a dedicated channel for funding program documents and forms, etc. Project information can be submitted to us. For an in-depth look at Solana's technology, please visit our developer webpage, which contains information on Solana's core innovations, FAQs, and more.

Currently, the most active projects on Solana include Serum Exchange, Serum Exchange AMM, Bonfida, SOL Survivor, Oxygen, Solanaroll, etc.

Technology Progress

Three years ago, Solana was not yet available. At that time, the founder of the Solana protocol was born with the idea of minimizing the trust clock, and hoped to develop something real through Rust, a powerful language. Then, the proof of history became a reality: the first implementation in the Go language. This improvement seems trivial. But leaders at Qualcomm, Intel, and Apple all know that reliable clocks fundamentally simplify many of the challenges of distributed systems.

Since then, the Solana protocol has continued to iterate, and team engineers have worked tirelessly day after day to rebuild the initial blockchain to ensure that it can be expanded to billions of users and devices around the world. We wrote a proof-of-history algorithm that syncs nodes every 400 milliseconds, compared to other blockchains that typically take minutes; we wrote Sealevel to parallelize transaction transactions, while other blockchains can only process one transaction at a time; we Wrote Turbine to allow clusters to be permissionless, while other blockchains opted for a centralized approach; we wrote Cloudbreak to scale horizontally to millions of accounts, and other blockchains had to ask for what they considered a scarce resource Tolling in Memory - Combining several of the above innovations, we create the first web-scale blockchain.

This has been a pivotal year for the Solana network and open source project, with significant engineering advances and milestones. The beginning of 2020 is the official soft launch of the Solana network. With the assistance of the global verification node community, the Beta mainnet was officially launched at the end of March. Since then, the Solana network has processed more than 8 billion transactions and currently maintains more than 300 global validators running the network.

Solana 1.1 version has a number of bug fixes, improved documentation and command line upgrades.

Version 1.2 adds support for cross-program calls, which allow on-chain programs to issue synchronous processing instructions and optimistic confirmations to other programs.

In version 1.3, we officially released the Token Standard (Solana Program Library).

In version 1.4, the cluster ushered in improvements in gossip and account operations, as well as consistency of voting records for "solana-validator" .

In November, the technical team released the SPL feature proposal procedure, which provides a workflow in which community votes can be initiated based on the stake weight of validators, Thereby activating certain network functions of Solana. Currently, the feature is being tested on testnet and devnet t-clusters.

In December, the feature proposal process activated a micro-inflation scheme (0.01%) on mainnet. Expect fully inflationary rewards to go live in early 2021!

The technical advances above are just some of the important updates to the entire Solana developer ecosystem. In 2020, we also released new documentation, continued to improve samples/tutorials, and developed comprehensive tools for various applications. We know we still have a long way to go, but 2020 has certainly been a year to celebrate.

Community Updates

In 2020, the Solana community showcased our ambition and strength. While unable to meet in person, the community continues to bond through online meetings, virtual events, and region-specific AMAs and online meetups. If you want to know Solana's daily updates, Solana Twitter is a good choice, and then you can join the Solana English Telegram group. In the big group, you can find a small group in your area (there are now more than 10) to meet other local Solana lovers.

Overall, Solana's community in 2020 has reached more than 600,000 people across all continents. As the blockchain industry continues to develop, Solana localization is another focus of our work, so that users in different languages can understand our activities, news and learning resources. If you are interested in joining us, please apply to Solana Collective.

Conclusion

2020 is an extraordinary year. As we look back at the progress Solana has made in 2020, we cannot be more optimistic about the continued growth and prosperity of the entire Solana ecosystem in 2021. In 2021, we expect to see the birth of hundreds of new applications, further increase in the degree of decentralization of the network, the launch of community governance programs, and more.