Blockchain Links and Actions: Bringing Solana to the Whole Internet

Solana Foundation Unveils Actions and Blinks to Simplify Transactions Onchain

Get More Out of Breakpoint 2024: The Network State, Block Zero, and More

Get more out of Breakpoint 2024: The Network State, Block Zero, and More

A Technical Deep Dive into PYUSD on Solana

PayPal Announces PYUSD on Solana

Moving from Rust to Solana

Technical Blog - Moving from Rust to Solana

Solana

In this spotlight we go over State Compression.

## Presenter 
Jacob - https://x.com/jacobvcreech
Noah - https://twitter.com/ngundotra
Solana Developers - https://twitter.com/solana_devs

## Resources
Base reference - https://github.com/solana-developers/compressed-nfts

## Support
If you have a question, please feel free to post it on the Solana StackExchange: https://solana.stackexchange.com/

If you have a resource you've built or anything that improves the Solana Developer experience, please reach out to us!

---

DISCLAIMER
The content herein is provided for educational, informational, and entertainment purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction, nor should not be relied upon as advice to buy, sell or hold any of the foregoing. This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented without undertaking independent due diligence and consultation with a professional advisor.  Solana Foundation Foundation and its agents, advisors, council members, officers and employees (the “Foundation Parties”) make no representation or warranties, expressed or implied, as to the accuracy of the information herein and expressly disclaims any and all liability that may be based on such information or any errors or omissions therein. The Foundation Parties shall have no liability whatsoever, under contract, tort, trust or otherwise, to any person arising from or related to the content or any use of the information contained herein by you or any of your representatives. All opinions expressed herein are the speakers’ own personal opinions and do not reflect the opinions of any entities.

Spotlight: State Compression

Some more Solana changes from Nick & Jacob.

Subscribe to the newsletter: https://solana.com/newsletter

Solana StackExchange weekly rankings:
 - https://stackexchange.com/leagues/714/week/solana/2024-06-09

Commits:
 - CI - SBPF program build script - https://github.com/anza-xyz/agave/pull/1581
 - [sdk] Add ZK Elgamal Proof program feature gate - https://github.com/anza-xyz/agave/pull/1679
 - Add num_partitions to Blockstore rewards - https://github.com/anza-xyz/agave/pull/1601
 - Verify elf with active feature set before attempting deployment - https://github.com/anza-xyz/agave/pull/1654
 - SVM: update spec - https://github.com/anza-xyz/agave/pull/1757

Resources:
 - Solana Actions Docs - https://solana.com/docs/advanced/actions

Follow us on Twitter: https://twitter.com/solana_devs

- Nick: https://twitter.com/nickfrosty
- Jacob:  https://twitter.com/jacobvcreech

If you have a resource you've built or anything that improves the Solana Developer experience, please reach out to us!

DISCLAIMER
The content herein is provided for educational, informational, and entertainment purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction, nor should not be relied upon as advice to buy, sell or hold any of the foregoing. This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented without undertaking independent due diligence and consultation with a professional advisor.  Solana Foundation Foundation and its agents, advisors, council members, officers and employees (the “Foundation Parties”) make no representation or warranties, expressed or implied, as to the accuracy of the information herein and expressly disclaims any and all liability that may be based on such information or any errors or omissions therein. The Foundation Parties shall have no liability whatsoever, under contract, tort, trust or otherwise, to any person arising from or related to the content or any use of the information contained herein by you or any of your representatives. All opinions expressed herein are the speakers’ own personal opinions and do not reflect the opinions of any entities.

Solana Changelog Jun 26 - ZK Elgamal program, better feature gate testing locally, and more

Read the docs: https://solana.com/docs/advanced/actions

Find the same code for several Solana Actions here:
 - https://solana-actions.vercel.app/

- `@solana/actions` SDK - https://www.npmjs.com/package/@solana/actions
- Documentation - https://solana.com/docs/advanced/actions
- More Resources - https://solana.com/solutions/actions

Solana Actions are specification-compliant APIs that return
transactions on the Solana blockchain to be previewed, signed, and sent across a number of various contexts, including QR codes, buttons + widgets, and websites across the internet. Actions make it simple for developers to integrate the things you can do throughout the Solana ecosystem right into your environment, allowing you to perform blockchain transactions without needing to navigate away to a different app or webpage.

DISCLAIMER
The content herein is provided for educational, informational, and entertainment purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction, nor should not be relied upon as advice to buy, sell or hold any of the foregoing. This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented without undertaking independent due diligence and consultation with a professional advisor.  Solana Foundation Foundation and its agents, advisors, council members, officers and employees (the “Foundation Parties”) make no representation or warranties, expressed or implied, as to the accuracy of the information herein and expressly disclaims any and all liability that may be based on such information or any errors or omissions therein. The Foundation Parties shall have no liability whatsoever, under contract, tort, trust or otherwise, to any person arising from or related to the content or any use of the information contained herein by you or any of your representatives. All opinions expressed herein are the speakers’ own personal opinions and do not reflect the opinions of any entities.

How to Build Solana Actions (using the @solana/actions SDK)

Meet Solana Actions and blinks (blockchain links). Where there is a blink, there is a Solana transaction. Whether you’re on X, reddit, or your own blog – you can now easily embed a Solana transaction with a blink.


DISCLAIMER
The content herein is provided for educational, informational, and entertainment purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction, nor should not be relied upon as advice to buy, sell or hold any of the foregoing. This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented without undertaking independent due diligence and consultation with a professional advisor.  Solana Foundation Foundation and its agents, advisors, council members, officers and employees (the “Foundation Parties”) make no representation or warranties, expressed or implied, as to the accuracy of the information herein and expressly disclaims any and all liability that may be based on such information or any errors or omissions therein. The Foundation Parties shall have no liability whatsoever, under contract, tort, trust or otherwise, to any person arising from or related to the content or any use of the information contained herein by you or any of your representatives. All opinions expressed herein are the speakers’ own personal opinions and do not reflect the opinions of any entities.

Solana Actions and Blinks

In this episode, Austin chats with FP Lee (Sanctum) about the liquid staking landscape on Solana. They discuss the architectural differences between staking on Solana and other blockchains, such as Ethereum, and how seemingly trivial implementation details have profound downstream implications for builders. FP breaks down Sanctum's product suite and the full range of LSTs that the ecosystem currently utilizes - Validator LSTs, Project-based LSTs, Individual LSTs, No-Loss Lottery LSTs, and more. They also reflect on the potential issues of liquidity during market downturns and the extent to which blockchain foundations should play an interventionist role. 

0:00 - History of liquid staking on both Ethereum and Solana
4:56 - Architectural differences of liquid staking on Solana vs. Ethereum 
7:59 - Downstream effects of Solana's staking implementation 
11:03 - Sanctum's fee modeling
17:44 - Why  most SOL should be liquid staked
21:21 - Sanctum's full product suite
24:42 - Infinity - a basket of LSTs
26:38 - Why do people trade different LSTs?
27:39 - Single validated  LSTs
30:45 - Project-based LSTs 
32:18 - Individual LSTs
35:57 - Role of LSTs in a "SOL economy" 
42:08 - Rethinking the potential role of blockchain foundations during times of market crisis 
48:31 - What's coming next for Sanctum

DISCLAIMER
The content herein is provided for educational, informational, and entertainment purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction, nor should not be relied upon as advice to buy, sell or hold any of the foregoing. This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented without undertaking independent due diligence and consultation with a professional advisor.  Solana Foundation Foundation and its agents, advisors, council members, officers and employees (the “Foundation Parties”) make no representation or warranties, expressed or implied, as to the accuracy of the information herein and expressly disclaims any and all liability that may be based on such information or any errors or omissions therein. The Foundation Parties shall have no liability whatsoever, under contract, tort, trust or otherwise, to any person arising from or related to the content or any use of the information contained herein by you or any of your representatives. All opinions expressed herein are the speakers’ own personal opinions and do not reflect the opinions of any entities.

The Infinite-LST Future w/ FP Lee (Sanctum)

Some more Solana changes from Nick & Jonas.

Subscribe to the newsletter: https://solana.com/newsletter

Solana StackExchange weekly rankings:
 - https://stackexchange.com/leagues/714/week/solana/2024-06-02

SIMD-0153: ZK ElGamal Proof program
 - https://github.com/solana-foundation/solana-improvement-documents/pull/153

Commits:
 - Feature-Gate: Migrate Address Lookup Table program to Core BPF - https://github.com/anza-xyz/agave/pull/1380
 - quic server: disable GSO, reduce reply data allocations 10x - https://github.com/anza-xyz/agave/pull/1647
 - test-validator: Try to reset deployment slot on all cloned accounts - https://github.com/anza-xyz/agave/pull/1706
 - Add option to record transactions to ledger-tool - https://github.com/anza-xyz/agave/pull/181
 - Validate transaction fee payer earlier - https://github.com/anza-xyz/agave/pull/1529
 - Syscall: `GetEpochStake` - https://github.com/anza-xyz/agave/pull/1152
 - Update requirements.md - https://github.com/anza-xyz/agave/pull/1232
 - rpc: Include interest-bearing configuration for UI amount calculation - https://github.com/anza-xyz/agave/pull/1549
 - Program Test: Add BPF program account helpers - https://github.com/anza-xyz/agave/pull/1614

Resources:
 - Making Vanity Program ID generation faster - https://x.com/cavemanloverboy/status/1800885825715982791
 - Solana/Phaser Template updated - https://x.com/breadheads_nft/status/1800994784749748492
 - Blog post on optimizing Stockpile - https://www.programderived.com/blog/optimizing-stockpile/

Follow us on Twitter: https://twitter.com/solana_devs

- Nick: https://twitter.com/nickfrosty
- Jonas:  https://twitter.com/SolPlay_jonas

If you have a resource you've built or anything that improves the Solana Developer experience, please reach out to us!

DISCLAIMER
The content herein is provided for educational, informational, and entertainment purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction, nor should not be relied upon as advice to buy, sell or hold any of the foregoing. This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented without undertaking independent due diligence and consultation with a professional advisor.  Solana Foundation Foundation and its agents, advisors, council members, officers and employees (the “Foundation Parties”) make no representation or warranties, expressed or implied, as to the accuracy of the information herein and expressly disclaims any and all liability that may be based on such information or any errors or omissions therein. The Foundation Parties shall have no liability whatsoever, under contract, tort, trust or otherwise, to any person arising from or related to the content or any use of the information contained herein by you or any of your representatives. All opinions expressed herein are the speakers’ own personal opinions and do not reflect the opinions of any entities.

Solana Changelog - Test validator fix, new Syscall, RPC updates, and more

In this episode, Austin chats with Tarun Chitra (Gauntlet) about the history of markets and the evolution of the math which underpins them. Over the course of their free-form conversation, they cover everything from the ancient history of futures (literally) to the impact of computers on finance in the 80's to the creation of financial products on blockchain that couldn't exist in TradFi. According to Tarun, DeFi will succeed in the long run not by emulating TradFi instruments onchain, but by forging these net new opportunities. 

0:00 - Intro
1:04 - How Tarun got involved in crypto
7:03 - Tarun's days in HFT 
10:02 - Fundamental differences between POS assets and POW assets
13:26 - Innovations in TradFi from the 1960’s to the 2010’s
17:02 - The impact of greater access to computational power on options and futures
19:08 - Impact of post-WW2 property rights on options and futures
21:43 - Computers and finance in the 80’s
24:47 - All models fall short of reality
28:18 - The wildcatters of 2010s web2 tech
32:42 - Onchain properties that change how the math of TradFi works
34:58 - Why DeFi should not try to merely represent TradFi instruments onchain 
43:54 - Why has it taken TradFi players so long to enter crypto?
50:19 - What financial products has crypto created that are not possible in TradFI?
55:10 - The relationship between non-financial and financial metrics
59:09 - Memecoins as an incentivized ranking algorithm
1:04:42 - Crypto as a dis-intermediator


DISCLAIMER
The content herein is provided for educational, informational, and entertainment purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction, nor should not be relied upon as advice to buy, sell or hold any of the foregoing. This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented without undertaking independent due diligence and consultation with a professional advisor.  Solana Foundation Foundation and its agents, advisors, council members, officers and employees (the “Foundation Parties”) make no representation or warranties, expressed or implied, as to the accuracy of the information herein and expressly disclaims any and all liability that may be based on such information or any errors or omissions therein. The Foundation Parties shall have no liability whatsoever, under contract, tort, trust or otherwise, to any person arising from or related to the content or any use of the information contained herein by you or any of your representatives. All opinions expressed herein are the speakers’ own personal opinions and do not reflect the opinions of any entities.

A Crypto Native's History of Markets w/ Tarun Chitra (Gauntlet)

Some more Solana changes from Nick & Jacob.

Subscribe to the newsletter: https://solana.com/newsletter

Solana StackExchange weekly rankings:
 - https://stackexchange.com/leagues/714/week/solana/2024-05-26

SIMD-0152: Precompiles:
 - https://github.com/solana-foundation/solana-improvement-documents/pull/152/files

Commits:
 - Make borsh optional in sdk and program crates - https://github.com/anza-xyz/agave/pull/1576
 - sdk: fix replace_signatures for variable signer ordering - https://github.com/anza-xyz/agave/pull/1608
 - Solana ping tpu client - https://github.com/anza-xyz/agave/pull/923
 - Runtime: Core BPF Migration: Add support for upgrading Core BPF programs - https://github.com/anza-xyz/agave/pull/1140
 - Runtime: Core BPF Migration: Explicit upgrade authority checks in migration - https://github.com/anza-xyz/agave/pull/1509
 - Add Compute Budget Crate - https://github.com/anza-xyz/agave/pull/1121
 - refactor: collect rent from account - https://github.com/anza-xyz/agave/pull/1527
 - Extract solana-poseidon crate from solana-program - https://github.com/anza-xyz/agave/pull/999

Resources:
 - Solana's web3.js - Tech Preview 3 (TP3) - https://github.com/solana-labs/solana-web3.js/releases/tag/tp3
 - New web3.js version to include logs! - https://x.com/SolPlay_jonas/status/1798325403892822467

Follow us on Twitter: https://twitter.com/solana_devs

- Nick: https://twitter.com/nickfrosty
- Jacob:  https://twitter.com/jacobvcreech

If you have a resource you've built or anything that improves the Solana Developer experience, please reach out to us!

DISCLAIMER
The content herein is provided for educational, informational, and entertainment purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction, nor should not be relied upon as advice to buy, sell or hold any of the foregoing. This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented without undertaking independent due diligence and consultation with a professional advisor.  Solana Foundation Foundation and its agents, advisors, council members, officers and employees (the “Foundation Parties”) make no representation or warranties, expressed or implied, as to the accuracy of the information herein and expressly disclaims any and all liability that may be based on such information or any errors or omissions therein. The Foundation Parties shall have no liability whatsoever, under contract, tort, trust or otherwise, to any person arising from or related to the content or any use of the information contained herein by you or any of your representatives. All opinions expressed herein are the speakers’ own personal opinions and do not reflect the opinions of any entities.

Solana Changelog - Optional Borsh, Precompiles, and new Web3.js

In this episode, Chase chats with Dean, founder of Zeus Network, a framework which allows for the deployment of DApps on Solana for Bitcoin integration.

DISCLAIMER
The content herein is provided for educational, informational, and entertainment purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction, nor should not be relied upon as advice to buy, sell or hold any of the foregoing. This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented without undertaking independent due diligence and consultation with a professional advisor.  Solana Foundation Foundation and its agents, advisors, council members, officers and employees (the “Foundation Parties”) make no representation or warranties, expressed or implied, as to the accuracy of the information herein and expressly disclaims any and all liability that may be based on such information or any errors or omissions therein. The Foundation Parties shall have no liability whatsoever, under contract, tort, trust or otherwise, to any person arising from or related to the content or any use of the information contained herein by you or any of your representatives. All opinions expressed herein are the speakers’ own personal opinions and do not reflect the opinions of any entities.

Chewing Glass - Dean (Zeus Network)

What a week at Consensus 2024!

PayPal USD is now live on Solana: hear from Solana Foundation Head of Payments and Commerce Sheraz Shere, Edwin Aoki, PayPal CTO of Blockchain, Crypto, and Digital Currencies, and Ronak Daya, Head of Product, Tokenization at Paxos, about why they chose to issue PYUSD on Solana.

More on the news and permissionless payments on Solana: 

https://solana.com/news/paypal-pyusd-on-solana


DISCLAIMER
The content herein is provided for educational, informational, and entertainment purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction, nor should not be relied upon as advice to buy, sell or hold any of the foregoing. This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented without undertaking independent due diligence and consultation with a professional advisor.  Solana Foundation Foundation and its agents, advisors, council members, officers and employees (the “Foundation Parties”) make no representation or warranties, expressed or implied, as to the accuracy of the information herein and expressly disclaims any and all liability that may be based on such information or any errors or omissions therein. The Foundation Parties shall have no liability whatsoever, under contract, tort, trust or otherwise, to any person arising from or related to the content or any use of the information contained herein by you or any of your representatives. All opinions expressed herein are the speakers’ own personal opinions and do not reflect the opinions of any entities.

Solana Community

Learn in depth

Listen to the podcast

Wayfinding

Solana Collective

Video In Evidenza

News

Blockchain Links and Actions: Bringing Solana to the Whole Internet

Solana Foundation Unveils Actions and Blinks to Simplify Transactions Onchain

Get more out of Breakpoint 2024: The Network State, Block Zero, and More

A Technical Deep Dive into PYUSD on Solana

PayPal Announces PYUSD on Solana

Technical Blog - Moving from Rust to Solana

Solana Community

Learn in depth

Listen to the podcast

Wayfinding

Solana Collective

Video In Evidenza

Related

News

Blockchain Links and Actions: Bringing Solana to the Whole Internet

Solana Foundation Unveils Actions and Blinks to Simplify Transactions Onchain

Get more out of Breakpoint 2024: The Network State, Block Zero, and More

A Technical Deep Dive into PYUSD on Solana

PayPal Announces PYUSD on Solana

Technical Blog - Moving from Rust to Solana