BM: EOS is designed for DeFi.

2020-8-15 23:13
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EOS founder Daniel Larimer (BM) tweeted that I created my first DeFi platform in 2014 and said DeFi is a prerequisite for inspiring database and account models DPOS, TAPOS and high performance. EOS is designed for DeFi.

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Tip: The chain solutions cannot compete with the engines in the middle. DEX is currently not suitable for traders.
According to Cointelegraph, Matthew Finestone, business development manager at Loopring, the decentralized exchange, said the DeFi Automated Market Maker (AMM) protocol is ideal for commercial products for start-up traction. However, decentralized exchanges (DEX) now present many issues that can limit the size of this market. While some issues can be addressed with better chain integration, Bitfinex CTO Paolo Ardoino said the chain solution will not be able to compete with internal root competition. Explaining why, Ardoino added that the problem with solving chains is "just the speed of light". If nodes around the world are to be trusted on a block, no performance improvement can be made on the network, for example by sharing the business infrastructure in a clearinghouse data center. These performance restrictions can affect trading investors, especially active traders. Dan Matuszewski, former Head of Marketing at Circle, said DEX is no longer suitable for professional traders. “It's for small businesses,” he said.
2020-8-15 22:56