TechFlow reports, according to The Block, that cryptocurrency derivatives exchange FTX will launch a decentralized exchange called Serum on the Solana blockchain, with plans to go live in 1 to 2 weeks. Solana is a high-performance public blockchain that, based on PoS (Proof of Stake), introduces Proof of History (PoH) and Proof of Replication (PoRep), achieving a testnet TPS of 50,000 transactions per second. FTX founder Bankman-Fried also stated that Solana is faster and has lower transaction fees than Ethereum.
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