The huuuge innovation in crypto over TradFi is that the economic value of txs not included is below the floor inclusion priority fee. Spreads in DEXs will be as good or better than CEXs, even without single sequencer tricks.
moon shiesty
moon shiesty10.8. klo 01.13
> NASDAQ handles 2k trades per second nasdaq handles 2m+ messages per 100ms with microsecond latency. solana isn't even close and never will be with the speed of light adding at least 100ms of latency from global consensus most messages/trades occur in microsecond bursts and nasdaq is built to handle 51:1 capacity-to-peak ratio with microsecond latency. solana has a fixed compute capacity quotes exceed trades (fills) by orders of magnitude. the reason market making on-chain is so expensive is market makers pay gas to revise/cancel quotes but only earn money from fills. and when solana is congested due to bursts of activity, market makers are subject to additional latency and gas costs at the same time volatility spikes this means trades per second is an irrelevant metric but if we're being fair: NASDAQ trades per second does averages out to around 2k over a day
@moon_shiesty @vibhu Single included tx updates a range of positions.
6,66K