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Harmonic Fires Back in Solana’s Block Building Wars | Ben Coverston

Mar 17, 2026
Ben Coverston, CEO of Harmonic and co-founder of Temporal, brings a quant trading background to crypto. He dives into Solana block building and Harmonic’s multi-builder, microblock technical design. Conversation covers transaction scheduling, market structure debates, decentralization tradeoffs, MCP/Alpenglow protocol ideas, and how these changes could reshape DeFi ordering and competition.
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ANECDOTE

How Fast Solana Lured A TradFi Quant Into DeFi

  • Ben transitioned from math/CS and TradFi internships to becoming a DeFi power user after early 2021 Solana speed experiences.
  • He recounts seeing HFT firms interact with DeFi and fast Solana transactions that convinced him DeFi markets were possible.
ADVICE

Open Infrastructure And APIs Prevent Centralized Gatekeeping

  • Keep infrastructure open and transparent: Harmonic exposes bundles and aims to remove rate limits and add APIs for visibility.
  • Ben emphasizes revert protection and open TPUs so apps can send unlimited transactions without central gatekeeping.
INSIGHT

Harmonic Exists To Stop A Single Sequencer Monopoly

  • Harmonic was built to prevent a single block-builder monopoly and preserve open, competitive sequencing on Solana.
  • Ben says monopolies would turn Solana into a centralized exchange and squeeze fees, so Harmonic prioritizes decentralization and validator choice.
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