The Evolution of Solana Ecosystem and Where it's Headed Next with Joe McCann


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In this episode we talk to Joe McCann, one of the top crypto traders in the space, with over 22 years of trading experience.

We talk about his genesis into Solana, the learning curve in cryptocurrency, and the evolution and what's next in Solana

Definition of terms:

  • Node.js Community - has one of the largest, most vibrant and innovative open source communities in the world; is built, used, and maintained by the community
  • Arbitrage - is the practice of taking advantage of a difference in prices in two or more markets; striking a combination of matching deals to capitalize on the difference, the profit being the difference between the market prices at which the unit is traded
  • IPFS - the InterPlanetary File System is a protocol and peer-to-peer network for storing and sharing data in a distributed file system. IPFS uses content-addressing to uniquely identify each file in a global namespace connecting all computing devices
  • Web3 - an idea for a new iteration of the World Wide Web based on blockchain technology, which incorporates concepts such as decentralization and token-based economics
  • Bootstrapping - a situation in which an entrepreneur starts a company with little capital, relying on money other than outside investments.

Episode timeline:

[00:34] - Joe greets the listeners

[04:15] - Starting Node.js Community

[10:57] - Web3

[21:57] - Things you need to do as a developer

[26:03] - Video games

[42:01] - “There's an alternative where you don't give up any of that”

[53:42] - Kevin Rose on NFTs

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