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Thanks #ftx, #dex vs #cex debate is hot again in #crypto
I've spent many years thinking about #dex implementations & building prototypes.
Lets dive in a little & explore the possibility of replacing #exchanges with #decentralized alternatives today
A small thread 🧵
I've spent many years thinking about #dex implementations & building prototypes.
Lets dive in a little & explore the possibility of replacing #exchanges with #decentralized alternatives today
A small thread 🧵
1) Firstly we need throughput, lots & lots of it. A popular exchange such as @binance is likely performing 10,000s of trades per second across 100s of pairs.
A few years ago this kind of throughput was a dream, but not so much today 💪
A few years ago this kind of throughput was a dream, but not so much today 💪
Our consensus mechanism at #radix could handle that level of throughput, other projects are also approaching that tipping point too.
