Blockchain competition has shifted from TPS to transaction ordering layers. Ordering directly affects market makers' bid-ask spreads and depth. The new generation of ordering innovations is transitioning from "general ordering" to "application-aware ordering," which could be the key turning point for DEX to surpass CEX. This article is adapted, translated, and written by Dongqu from PANews. (Previous context: What does it mean for Solana to reach 100,000 TPS under ideal conditions?) (Additional background: Ethereum's impact of 10,000 TPS? How to use ZK technology to break the "impossible triangle") The competition between chains has risen to the level of "transaction ordering," which directly influences market makers' bid-ask spreads and depth🧐🧐 The demand for "general chains" has been disproven. Currently, the competition between chains focuses on two levels: 1) Building "application chains" on the basis of existing mature businesses, allowing

The Bitcoin price has stayed around the same level for weeks now. However, Gold and Silver keep moving higher. At first, that feels a bit strange. But this is not new. It happened in 2020 too. After the March crash, gold and silver moved first as fresh money entered the market. Bitcoin did not