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Loading...Introduction to DEX Development
Last quarter, our team discovered the importance of choosing the right blockchain for decentralized exchange (DEX) development. We were building a high-performance DEX and needed a blockchain that could handle the scale and complexity of our application. After months of research and testing, we decided to compare Ripple's XRP Ledger and Solana's Serum. In this article, I'll share our findings and provide a technical deep dive into both options.
Overview of Ripple's XRP Ledger
Ripple's XRP Ledger is a distributed ledger technology that enables fast, secure, and low-cost transactions. It's designed for high-performance and can handle up to 1,500 transactions per second. The XRP Ledger is also highly scalable and can support a large number of users. One of the key features of the XRP Ledger is its use of a novel consensus algorithm called the Ripple Protocol Consensus (RPC).
Overview of Solana's Serum
Solana's Serum is a decentralized exchange (DEX) protocol built on the Solana blockchain. It's designed for high-performance and can handle up to 65,000 transactions per second. Serum is also highly scalable and can support a large number of users.
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