Solayer Labs: Existing blockchain infrastructure cannot support global 24/7 financial markets
According to Odaily, Joshua Sum, Head of Product at Solayer Labs, pointed out in a recent comment that although asset tokenization is progressing rapidly, the current blockchain infrastructure has serious shortcomings and cannot support a truly global 24/7 financial market. Existing blockchains face three key issues: low throughput limits, high transaction latency, and unfair transaction ordering mechanisms (MEV), making institutional-grade trading nearly impossible.
Sum emphasized that to realize the vision of a global, borderless financial market, the blockchain industry needs to fundamentally rebuild its infrastructure, developing networks capable of handling over 100,000 transactions per second with sub-second finality, while ensuring fair transaction ordering to prevent algorithmic arbitrage.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The annualized deposit yield is 9.58%, Pendle launches its second ecosystem vault on Morpho.
France's fiscal outlook deteriorates as Fitch revises rating outlook to negative
Due to the deterioration of public finances, including slower growth, rising borrowing costs, and widening deficits, Fitch Ratings has revised France's credit rating outlook to negative.
Disciplined capital expenditure attracts market favor as Apple (AAPL.US) surpasses Nvidia (NVDA.US) to reclaim the top spot in global market capitalization
As concerns about Wall Street's massive returns on tech giants' artificial intelligence investments continue to intensify, Apple surpassed Nvidia on Friday to once again become the world's most valuable publicly traded company.
AI burning cash sparks credit risk concerns! S&P downgrades Meta (META.US) rating outlook to "negative," questioning its ability to monetize massive investments
S&P Global Ratings has revised Meta's credit rating outlook from “stable” to “negative,” citing the company's continued expansion of artificial intelligence (AI) capital expenditures, which has turned free cash flow negative. There remains uncertainty over whether these significant AI investments will generate sufficient returns in the coming years.
Crypto prices
More
