Discover and read the best of Twitter Threads about #ABCI

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When talking about blockchains, there are 2 main buckets: general purpose chains and app chains.

However, @SeiNetwork is the first layer 1 designed for trading.

What does this mean? Let's dive into it🧵

[part 1]
DeFi-optimized L1 means making fundamental changes to the base layer that will allow DeFi apps to thrive:

♒️ built-in order matching engine
♒️ price oracle
♒️ sub-second finality
♒️ parallelization of orders
♒️ single block order execution

and more!
Why do we need these changes at the base layer?

Let's take a look at @solana, a general-purpose L1 whose thesis is that orderbook exchanges will eventually take over AMMs & @ProjectSerum, the orderbook layer on Solana for @mangomarkets, @ZetaMarkets, @JupiterExchange, and more.
Read 9 tweets
🧵 on some of the major smart contract chains, their different approaches, and how HOPEFULLY (for the love of all that is holy) we are moving away from simply "X chain is superior because it did XXXX TPS on a closed environment testnet"
#Ethereum #terraluna #Solana #AVAX
As @epolynya has alluded to several times, #TPS numbers are almost meaningless now. Especially anything under 100k.

At the risk of having this thrown in my face 5 years from now, TPS is essentially solved.
This is due to many things but some reasons include:

- #modular designs (@CelestiaOrg, #ETH + #rollups, and @avalancheavax to an extent)
- Rollups, in general, and how they can somewhat "defeat" the #ScalabilityTrilemma
- @IOHK_Charles & his giga brain (ok maybe not this 😉)
Read 22 tweets

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