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21X and LayerZero Report 10,000 Onchain Order Matches Per Second in Pilot Test
(2 hours ago) · 1 source · Summarized by CryptoBipto
21X, a digital securities platform, and LayerZero, a cross-chain messaging protocol, have reported achieving 10,000 onchain order matches per second during a pilot program. The test was designed to demonstrate the feasibility of high-throughput securities trading on blockchain infrastructure.
WHY IT MATTERS
One of the biggest criticisms of blockchain technology has been that it is too slow for real-world financial trading.
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SOURCES
- newsbtc.com
RELATED
Onchain TradingDigital SecuritiesCross-Chain InfrastructureLayerZeroBlockchain Scalability
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