The 24/7 Global Stock Market Is Impossible On Today’s Blockchain
Today's blockchain infrastructure fundamentally lacks the throughput, low latency, and fairness required for a 24/7 global stock market.Summary
The vision of a borderless, 24/7 global financial market powered by tokenized assets remains distant because current layer-1 blockchain infrastructure is inadequate for institutional scale. The author identifies three critical failures: insufficient throughput to handle real market volumes, high latency preventing efficient price discovery and arbitrage, and rampant Maximal Extractable Value (MEV) creating unfair front-running and manipulation. These technical compromises pose unacceptable risk profiles for institutions and undermine the promise of democratization for retail users. Achieving the goal requires a paradigm shift toward specialized, high-throughput infrastructure capable of over 100,000 transactions per second with sub-second finality and protocol-level guarantees of fair, first-come, first-served transaction ordering. Incremental fixes are insufficient; the industry must build a foundation engineered specifically for the speed and integrity demanded by global finance.
(Source：Cointelegraph)