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23.11 - 19:47
Solana DEX positioned as third-generation exchange aimed to solve issues around old blockchain infrastructure
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cointelegraph.comThe increased popularity of Ethereum (ETH) has proven to be a double-edged sword. Its use has positioned the technology as valuable and great in potential, although also triggering increased congestion, making transactions slow and expensive. As a result, new blockchains have emerged as a way to decrease costs common to the industry. One of these is Solana (SOL) -- an exchange developed to transact at speeds greater than 50,000 transactions per second for less than $0.0001 per transaction -- a significant improvement from what users have noticed on Ethereum.
That said, concerns around the use of old blockchain infrastructure extend one level lower onto decentralized exchanges. Although a generalization is not uncommon to come face to face
Read more on cointelegraph.comAbout this in other media
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The power of cheap transactions: Can Solana's growth outpace Ethereum? cointelegraph.com /3 years ago
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