At Binance Blockchain Week in Dubai, Solana Chair Lily Liu outlined the platform's core philosophy, arguing that real fintech value lies not in technical showmanship but in delivering fundamental financial needs.
- Core Financial Needs: Liu emphasized that finance fundamentally requires speed, low cost, programmability, and liquidity. Solana's goal is to build infrastructure serving these needs, not pursuing technology for its own sake.
- Architectural Choice: To best serve these needs, Solana commits to a single-chain architecture, avoiding Layer 2 solutions, sharding, or subchains. This clarity of vision, though initially making them "outsiders," is key to their focus.
- Ultimate Goal: The most valuable platform is one that enables developers to build applications and enhance the "utility of currency," directly addressing practical financial system requirements.
Solana Chair Lily Liu: Fintech Needs Not "Show-off Techniques," 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 of finance are only four: speed, cost, programmability, and liquidity.
Solana chose to place all these capabilities on a single chain, which is why it insists on not implementing L2, sharding, or subchains. "This is why Solana was initially considered 'outsiders,' and it's also key to keeping our vision clear," Lily said. A platform that enables developers to build applications and enhance the "utility of currency" is the most valuable.
