Bringing blazing speed, low fees, and scalability to Decentralized Finance

Register for the DeFi hackathon today at solana.com/defi for a chance to win up to $200k in prizes and an additional $200k in seed funding!**

The Solana Foundation is excited to team up with Project Serum to host a global hackathon focused on DeFi! Registration for the event is now open, and the hackathon will run from February 15 through March 1st. Make sure to sign up here!

Need some inspiration on what to build? Check out the list of project ideas to explore

Public blockchains have enabled the proliferation of decentralized markets and are establishing a more open, transparent…


Intro

2020 was a difficult and challenging year for many. Despite the global challenges, the entire Solana ecosystem flourished and grew exponentially. Overcoming many exigent tasks, Solana saw its most accomplished year to date. From launching Mainnet Beta, to growing a dedicated global community of over 650k, to onboarding over 350 validators, to partnering with leading projects such as Audius, Circle, Chainlink, Serum, Terra, Akash, and many others, and much more. Solana would not be what it is without the dedicated builders, community members, open-source contributors, and validators. …


A look into the growing number of projects building on Solana. This post will be updated on a bi-weekly basis with the latest news.

There are now over 120 projects in the Solana ecosystem and counting! To celebrate these milestones, the Solana Foundation will be releasing a bi-weekly ecosystem update highlighting the vast array of projects using the Solana blockchain. Among these projects include unique wallet solutions, decentralized exchanges, lending protocols, staking platforms, digital games, storage solutions, and much more.

The Solana ecosystem continues to grow stronger each day and we want to ensure the community gets notified of all…


On Friday, December 4th at 1:46pm UTC, Solana’s Mainnet Beta network halted new block confirmations, which resulted in a temporary outage. The core developer team and Solana validator community immediately responded and were able to successfully restart the network within 6 hours. This feat required consensus across 393 validators in many different time zones; while the community quickly diagnosed the issue, the majority of the outage time was due to waiting for sufficient stake weight to come back online.

To be clear, no funds were at risk as a result of the network halt, and no decentralized exchange trades were…


Bridging Solana ledger data onto Arweave’s Permanent Network

Today, Bering Waters, a leading OTC, venture, and technology group based in Hong Kong, announced the “SOLAR Bridge,” a first-of-its-kind bridge linking Solana and Arweave. The bridge is now live and was entirely designed, built, and funded as part of Bering Waters commitment to the Solana and Arweave ecosystems. This bridge is a significant development in Solana’s continued growth, making it the first blockchain to move and store its transaction history on a dedicated storage network.

High-performance blockchains like Solana create an immense amount of data due to the increased amount of block production. …


Solana network outage on December 4th, 2020

At approximately 1:46pm UTC on December 4th, 2020, the Solana Mainnet Beta cluster stopped producing blocks at slot 53,180,900, which prevented any new transactions from being confirmed. The Solana team is actively working with the validator community to restart the network. No funds are at risk, and the team’s primary focus is performing a smooth restart of the network. As information unfolds, we will continue to provide updates in this post, on Discord, and on our social platforms.

UPDATE: As of 9:30pm UTC 12/7/20, Solana Engineers have identified the issue and are working on a post-mortem. Again, no funds are…


With over 1,000 registrations & 60+ project submissions from builders globally!

To accelerate the already rapid growth of the ecosystem, the Solana Foundation hosted its first online hackathon, bringing industry leaders and builders from around the world together for two weeks of hacking on Solana. Even though the event revolved around Wormhole, a new bi-directional bridge with Ethereum, participants were encouraged to build any project that could impact the ecosystem.

Over 1,000 builders registered for the Solana Wormhole hackathon, with 60+ final project submissions spanning DeFi, Web3, NFT gaming, and core infrastructure. Thank you to all who joined and created impactful products for the Solana ecosystem! …


Solana’s ecosystem has been expanding rapidly since the mainnet beta launch earlier this year. To accelerate the growth of the ecosystem, the Solana Foundation has started awarding grants to promising teams building projects ranging from protocol infrastructure to end-user applications.

Today, the Solana Foundation is excited to announce the first wave of recipients into the Grants Program! Each of the 12 projects below brings a talented team and a strong vision to the Solana ecosystem. The Foundation is looking forward to working collaboratively with these teams and expanding the program through the end of the year and into 2021.

If…


Allocating 100 million SOL toward censorship resistance

This is the first post in a three-part blog series on initiatives the Solana Foundation is undertaking to enhance the network’s censorship resistance over the coming months. This post announces the Foundation’s new stake delegation strategy, while the following two posts will cover the launch of inflation and staking pools, respectively.

For additional questions please join the Solana Discord.

Overview

The Solana Foundation is committed to growing the Solana network to become the most decentralized and censorship-resistant blockchain in the world. …


👽 Wormhole Bridge released connecting Ethereum with Solana
🎧 Audius Brings Decentralized Music to Solana
💲 USDC-SPL is live with $25M already in circulation on Solana
🛠 Wormhole Hackathon Commences with 1,000+ builders participating
🖼 NFT Marketplace Launched on Serum
🎙 Wormhole Events with Compound, Aave, Curve, Balancer, and more

Wormhole — Solana/Ethereum Bridge

Solana

A new architecture for a high-performance blockchain.

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