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nairolf
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notifications are massively underexploited in crypto
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nairolf
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no more gas no more bridge no more popups
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“bro, what’s a CLOB?” imagine a farmers market with a big whiteboard in the middle on this whiteboard, every farmer who wants to buy or sell apples can write their offer bob writes “i’m selling 10 apples for $1 each” jack writes “i’m buying 10 apples for $1 each” since both offers match, the trade between bob and jack happens everyone can see all the buy and sell offers on the board this whiteboard is the CLOB. it holds all the orders and makes sure trades happen fairly: best prices go first now replace apples with any token you want, and that’s it “bro how is this different from coinbase?” coinbase and other centralized exchanges also use CLOBs the thing is: their CLOBs run offchain, which means they aren’t decentralized you have to trust coinbase to match orders fairly “so why is everyone talking about CLOBs?” because the goal is to build a CLOB that works onchain before, this was hard (impossible) because of two main problems: - latency: orders need to be placed super fast - gas cost: placing an order shouldn’t cost a ton of money but with new chains like monad, fluent or megaeth, it’s starting to look feasible “how is this different from uniswap?” uniswap (and other AMMs) work differently they use liquidity pools of tokens and a formula to make sure trades happen between a range of prices with CLOBs, it’s traders who place their own orders. no algorithm in the middle 🫶
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most projects fail because they never talk to a real user before launching one user study > 100 pitch decks
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users want apps that’s it
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how many web3 companies acquired by web2 companies by eoy?
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