Jito's Impact on Solana with CEO Lucas Bruder

This is an exploration of Jito, the Solana validator client, the staked Solana token JITOSOL, and MEV optimization engine.

The recent Jito airdrop show the whole industry as millions of dollars in value flooded into the Solana ecosystem.

Joining us today is Lucas Bruder from the Jito team to walk us through the basics and nuances of this multifaceted project.

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TIMESTAMPS

0:00 Intro
6:00 Jito Airdrop
8:45 What is Jito
12:00 Staking and Decentralization
17:20 MEV Optimization
25:20 Fees and Failed Transactions
33:20 JITOSOL
37:00 Solana Economics
42:00 Staking vs JITOSOL
45:40 Ethereum vs Solana
53:30 Jito Governance
59:15 Stakenet
1:05:40 Solana Governance
1:09:40 Choosing Solana
1:13:30 A Successful Network

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RESOURCES

Lucas Bruder

Jito Labs

Explorer

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Not financial or tax advice. See our investment disclosures here:

[Crypto_Bird]

This channel is starting to be my favorite Solana channel 😂

[forthepeople]

Huge number of ETH investors are switching to SOL. It's going to be an avalanche. The key is to be earlier than most people noticing the trend.

[judevector]

Watching this am so happy to be in the Solana and JITO ecosystem, Was among those that got the JTO airdrop and definitely holding and possibly buying more if I get more funds

🚀

[BatmanBoss]

SOL Killed ETH y’all just ain’t ready to admit it yet. It’s called the denial phase of grief cycle.

[Sssanbo]

Great interview . Technology is fascinating.

[rortiz]

Sooner or later, bankless is going to cave and become Solana fans 😂

[officialdropnation]

Very informative thanks Lucas and Bankless

[Aandreus]

Firedancer and Jito are exciting indicators we are at the moment of maturity in civilization building that validates, indeed, that we are growing up. Boot strapping is not called letsrunbarefootstrapping or balletslipperstrapping, and many projects with vanilla SOL do not align with this idea, I do not want to stake with one validator and Jito solves this. 9 out of 10 arbitrage attempts on SOL absolutely waste resources for everyone, and Judo solves this on chain. Not perfect but more than just another choice for defi...I feel like Jito offers maturity and clarity as two major benefits for users like me, always trying to explain opportunity to others, maturing the entire onboarding process. Consilience instead of fear, allows empathy in collective discourse. Courage is contagious and Jito with SOL gives me courage and evidence to encourage others. It seems like we are the boy in a tribe the night before the ceremony where he puts on the glove -of-ants and gets to mature his agency within his world, or has to pierce his nut sack but gets to attain collective recognition of maturity, and a tent full of wives. Jito are tent engineers.

[netify]

After watching it all, it was actually pretty good discussion. There was some Ethereum bias but David (hope I have his name right) was really interested in the topic which is pretty good.

[kristiklaudy]

Absolutly amazing episode!! I've seen a couple of interviews with Lucas and this is definitely my favourite. Also so great to see Lucas so relaxed on a pod. Seems he really enjoyed the conversation! :)

[netify]

It's funny how the Bankess guy is calculating pennies and fragments of percentages on Solana staking vs JITO staking and expressing care about $0.0001 fee increase while Ethereum people are paying $10+ on every transaction. LOL.

[TheMajorpickle]

Really liked this interview save one line "running a node from home is overrated, Datacentres are probably fine".

Very hot take. Why are we here if not to finally not rely on third parties?

I do think everyone running a node will just not happen. Your nana isn't going to be running a node and shitcoining monkeyhaircut. But the option is important.

[GutzyCall]

I stopped watching because I felt ya'll were way too ETH Triby so it's a relief to be seeing other content. Your subscribers should grow this bull unless you stay with that Eth ecosystem mostly thesis

[globalhawkllc]

The first 7 minutes was ads and marketing WTH 😅

[andyoverton]

Add Bank less to the list of Sol sellouts.

[samuraifis]

Why not consider reaching out to someone from Hedera? Their insights on cutting-edge technology might align well with your claimed goal of staying agnostic to the best technology.

[patrickgarrity]

What do u mean by low level engineers? I hear u say that alot Sounds like hate

[futureforward]

how much are vc's paying bankless to talk about solana?

[vanbeathoven]

Could you make a pump'n'dump channel? No need to discretid the Bankless brand so heavily