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25) And so now you're _really_ in a bind. Do you fit into everything that DeFi has built up, or do you solve the scaling problem? It's not an easy choice, and in the end there are ways to try to get the best of both worlds--for instance using cross-chain swaps.

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26) I’ve spent a lot of time recently trying to figure out how to balance these. And I’ve also spent a lot of time trying out all of the DeFi systems, and thinking about what the future of DeFi could look like. And I’ve come to two conclusions.

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27) The first is that you really do want the best of both worlds. That you want to get performance, but you want to be interoperable with ETH. And that you can do this, at least mostly, and so you should.

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28) But also, that you have to do something about speed, because if you have to pay $0.10 to change a single piece of information, and you have to wait 5 minutes for anything to happen, you just can’t do a lot of things.

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29) And as long as you have to make some change, there’s no point in half assing it. If you want to do something over, do it right.

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30)

does it right. Solana built their chain from the ground up for speed, and it’s 10,000 times faster than Ethereum, and 1,000,000 times cheaper. And that’s huge.

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31) That takes you from locked out of many features, to able to have performance that looks kind of like what you’d expect from a centralized product on AWS. All while being a fully decentralized blockchain.

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32) Sometimes an experience is worth a thousand words. a) break.solana.com/results?cluste b) G, authenticate c) SEND d) type anything, as quickly as you possibly can. Each box is a transaction. Green means fully confirmed.

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33) If you’re like me, you sent 615 transactions in 15s, with each being fully confirmed in less than 2 seconds. All while using less than 0.10% of the Solana network.

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34) That’s what scaling looks like.

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35) So today FTX has listed $SOL, the native token on the Solana blockchain. ftx.com/trade/SOL-PERP ftx.com/trade/SOL/USD

12:13 AM · Jul 27, 2020Twitter Web App

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36) Anyway, long story short: free Cybertruck!

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@ThoNguy22125606

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@AltcoinVentures

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Not sure if you saw my discord pm but gj for now. I expect great things from FTX honestly

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@AltcoinVentures

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Ah shit I suck at checking discord let me do that

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Cool way to make this announcement

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You got me

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