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#SolanaSam

Readers might remember, as outlined in #SerumExplained, how "Serum is the key plumbing infra in the Solana ecosystem." (@tmnxeq
dixit) and how its CLOB allows for unparalleled composability and capital efficiency.
1/6
It so happens that SBF, FTX and Alameda are the minds behind $Serum, and that they decided to launch it in $Solana instead of #Ethereum.

At the time, people were like...
2/6
They did so because a CLOB is possible on $Solana because of its high scalability, supporting 50,000 tps vs Ethereum's 18, what turns into near-zero fees in Solana vs "$2 for touching a button" (would be $200 today).
3/6 Image
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