FTX launches a decentralized crypto exchange built on the Solana blockchain

By Izak Masonto

FTX a crypto exchange is launching a Decentralized Exchange (DEX) but it won’t be based on Ethereum like many other markets

The Serum DEX is built on the Solana blockchain,Wich is claimed by it’s designers and developers to be the fastest and cheaper compared to Ethereum Wich is proudly a home to the majority of Decentralized finance (DeFi) applications

Solana is a layer 1 network and claimed to scale to nearly 56000 transactions per second whereby Ethereum current capacity is scaled at 15 transactions per second as for cost Solana blockchain says it can processes a transactions at an average of $0.01 as compared to Ethereum of average fee of $1.60 per transaction.

According to FTX CEO Sam Bankman- Fried Says Solana is awesome it is 10000 faster and 1000000 cheaper than Ethereum. The Solana based DEX have a speed,cost and user experience (UX) of centralized exchange while being trustless and non custodial said Bankman-Fried, who estimated the target launch is probably next week or two. FTX has today added Solana sol token.

Anatoly Yakovenko ,the creator of Solana and president of Solana foundation said that Serum is the first full featured, decentralized exchange built on Solana and it is built to compete with centralized exchanges from day one.

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Things to understand about CVID19

This covid19 Corona virus has frightened the whole nation since it was started from Wuhan China where almost 3500 people lost their live where now this corona as we speak Put people not to Ieave their houses and Stay indoors until this virus is well controlled or managed by form of scientific means

Truly this Monster (covid 19) scared the world that includes the powerful people you can ever imagined they are Quarantined and look weaks and desponded , so where is our help ?because even the Church leaders people of faith were caught by surprise about this they never seen it coming some prophesying i see success happening lsee Marriage, see Cars and I see this and that but they never seen this coming .and everyone is uncertain if tommorow will come life is a nightmare GOD forbid .

The Numbers everyday is rising people are losing lives all is distress we are living in hope some our source of income is not real, then the reality start to kick in What must we do ?all is lock down home sitin not even allowed to go for a Jog to at least stay more healthier people are Panic buying shopping everything and emptied the supermarket and left it dry and denying the most vulnerable those who has little to get at shops

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IS AFRICA GOING TO BE SAVED?
My heart bleed when I think if this virus can sneak in to the less fortunate people who lives In hand to Month who lives mostly in poverty who even to support their families becomes a burden because of their less resouses and enequalities that people found themselves in
grayscale photo of camels on the road

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youtube will be defaulting their videos from SD (standard defination)

Why youtube decided that ? is because it believes that it will ease the load in their ISP because alot of people will be staying home due to lockdown in relation with corona Virus that is causing a major upset to many nations of the world

mokup smartphone technology phone

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Most of this country are the major economies of the world the likes of America, Uk , Italy, Spain,China and even South Africa in African countries.
WHY (SD)STANDARD DEFINATION?
some critics thinks that Standard defination consumes less data because is 480p compares to (HD)Highdefination wich consumes 1080p of Pics or video that took more data .in some countries data is quite expensive because watching movies wich is an hour and half Cost more on data
Onother Critics thinks that this standard defination will limit number of people watching youtube as all number of people will be at home doing nothing but watching tv and streaming sites like youtube Netflix and the likes.