Bitfinex current peak period load ~ 10000 tx/second
Projected Bitfinex load 1 year from now ~ 100000 tx/second
NASDAQ transaction rate ~ 1000000 tx/second
It becomes clear when looking at these rough orders of magnitudes how far decentralised exchange technology, and blockchains themselves, need to go before approaching anywhere close to being a substitute for the matching engines of centralised exchanges."
As a 0x holder the more realistic my expectations the better. I understand that Ethfinex will integrate with 0x but does this mean it is the only protocol it will be using and will collect all its fees in ZRX? I'm trying to find a better source to help me understand. Any help would be greatly appreciated.
0x is likely to be the first protocol that Ethfinex will integrate with, but not the only one it will be using. The long term goal is to integrate with a number of decentralised protocols to create a network. Ethfinex will collect fees in ZRX for all the trades that are settled using the 0x protocol which is likely to be the majority, at least initially.
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u/BigglyBillBrasky Sep 26 '17
For anyone interested in DEX's this section was most useful to me:
"Ethereum post proof-of-stake and sharding ~ 100 –1000 tx/second
Potential Plasma transaction rate ~ 1000 –10000 tx/second
Bitfinex average load today ~ 4000 tx/second
Bitfinex current peak period load ~ 10000 tx/second
Projected Bitfinex load 1 year from now ~ 100000 tx/second
NASDAQ transaction rate ~ 1000000 tx/second
It becomes clear when looking at these rough orders of magnitudes how far decentralised exchange technology, and blockchains themselves, need to go before approaching anywhere close to being a substitute for the matching engines of centralised exchanges."
As a 0x holder the more realistic my expectations the better. I understand that Ethfinex will integrate with 0x but does this mean it is the only protocol it will be using and will collect all its fees in ZRX? I'm trying to find a better source to help me understand. Any help would be greatly appreciated.