DerivaDEX deposits and withdrawals are on Ethereum, the most secure and widely used L1.

08 Dec 2023, 17:48
DerivaDEX deposits and withdrawals are on Ethereum, the most secure and widely used L1. Why doesn't L1 TPS speed matter for DerivaDEX?

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DerivaDAO
DerivaDAODDX #1660
Twitter
08 Dec 2023, 17:48
Speed and security are tradeoffs on L1s, but traders can't sacrifice on either. DerivaDEX is focused on what makes the best experience for traders.
Speed and security are tradeoffs on L1s, but traders can't sacrifice on either.
Speed and security are tradeoffs on L1s, but traders can't sacrifice on either. DerivaDEX is focused on what makes the best experience for traders.
DerivaDAO
DerivaDAODDX #1660
Twitter
08 Dec 2023, 17:48
But, it's important to note: that network is still meaningfully decentralized. It is controlled by governance, secured by Ethereum checkpoints, and bound by trusted hardware.
But, it's important to note: that network is still meaningfully decentralized.
But, it's important to note: that network is still meaningfully decentralized. It is controlled by governance, secured by Ethereum checkpoints, and bound by trusted hardware.