3 ms·
Nah. High frequency trading on L1 is too expensive, especially long term as state grows. Biggest threat is L2 exchanges. CEX-style speed and convenience and DE
by syzygyhack 6y ago
Nah. High frequency trading on L1 is too expensive, especially long term as state grows.
Biggest threat is L2 exchanges. CEX-style speed and convenience and DEX-style non-custodiality. My money is on Nash since they went the legal path plus fiat on-ramping, i.e. actually competes with Coinbase's main source of profit.