Kyros Kompass: FTX & Solana — the new Batman & Robin in the crypto universe!
Which vision is Kyros heading towards?
The collaboration between FTX and Solana has caught Kyros’s attention this week. This companionship is a unique case in which the technology of the top public base-layer protocol collides with that of the top derivatives exchange, adding fundamental services to the growing blockchain ecosystem.
Kyros is bullish about the projects that receive both backing support as we believe in the vision combination of the top protocol & exchange.
Apart from Kyros partners who’ve made a successful debut like $MAPS or $SERUM, #Kyros also has positive thoughts for the outcome of $MER, the most recent project to be backed by both FTX & Solana — the new Batman and Robin in the crypto universe!
About FTX
FTX is a cryptocurrency derivatives exchange built by traders, for traders. They strive to build a platform powerful enough for professional trading firms and intuitive enough for first-time users. FTX supports quarterly and perpetual futures for all major cryptocurrencies, leveraged tokens, and OTC.
About Solana
Solana is a web-scale blockchain that provides fast, secure, scalable, decentralized apps and marketplaces. The system currently supports 65,000 TPS (Transactions per second) and 400ms Block Times. The overarching goal of the Solana software is to demonstrate that there is a possible set of software algorithms using the combination to create a blockchain. So this would allow transaction throughput to scale proportionally with network bandwidth satisfying all properties of a blockchain: scalability, security and decentralization. Furthermore, the system able to support an upper bound of 710,000 TPS on a standard gigabit network and 28.4 million tps on a 40 gigabit network.