Solana Chair Lily Liu: What FinTech Needs Is Not “Showing Off Technology,” but Speed, Cost, Liquidity, and Utility
At Binance Blockchain Week in Dubai, Lily Liu emphasized that Solana’s core goal has never been “technology for technology’s sake,” but rather to build an infrastructure that truly serves the financial system.
She pointed out that the most fundamental needs in finance are just four things: speed, cost, programmability, and liquidity.
Solana chose to integrate all these capabilities on a single chain, which is why it insists on not doing L2, sharding, or subchains. “This is why Solana was viewed as ‘heretical’ in the early days, and it’s also the key to keeping our vision clear.” Lily stated that the most valuable platform is one that allows developers to build applications and enhance the “utility of money.”
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Solana Chair Lily Liu: What fintech needs is not "showing off technology," but speed, cost, liquidity, and utility.
Solana Chair Lily Liu: What FinTech Needs Is Not “Showing Off Technology,” but Speed, Cost, Liquidity, and Utility
At Binance Blockchain Week in Dubai, Lily Liu emphasized that Solana’s core goal has never been “technology for technology’s sake,” but rather to build an infrastructure that truly serves the financial system.
She pointed out that the most fundamental needs in finance are just four things: speed, cost, programmability, and liquidity.
Solana chose to integrate all these capabilities on a single chain, which is why it insists on not doing L2, sharding, or subchains. “This is why Solana was viewed as ‘heretical’ in the early days, and it’s also the key to keeping our vision clear.” Lily stated that the most valuable platform is one that allows developers to build applications and enhance the “utility of money.”