Solana Co-Founder Says Lower-Cost, Faster, Lower-Risk Finance Will Prevail

Solana co-founder Anatoly Yakovenko said immutable software and on-chain governance controls such as timelocks can support safer financial systems.

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Terms & Concepts
  • Immutable software: Software designed so deployed code cannot be altered, reducing the risk of unauthorized changes after launch.
  • On-chain: Actions or rules recorded directly on a blockchain, making them transparent and verifiable.
  • Timelocks: A blockchain control that delays certain actions for a set period, giving users time to review or respond.