Discover and read the best of Twitter Threads about #solanasam
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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.
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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...
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At the time, people were like...
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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).
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