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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

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Onchain TradingDigital SecuritiesCross-Chain InfrastructureLayerZeroBlockchain Scalability