Limitations of modern blockchains prevent the implementation of a continuous stock market
The article on Cointelegraph raises an important issue: current blockchain platforms do not have the necessary characteristics to fully launch a global 24/7 stock market.
The main limitations faced by developers are insufficient throughput and the problem of front-running (the ability of miners to influence the order of transaction processing in their own interests). While for working with real financial operations, sub-second finality and a fair algorithm for ordering transactions are necessary.
It is obvious that existing blockchain protocols, such as Bitcoin and Ethereum, are not ready to take on such a responsible task. Indeed, current solutions in the crypto space are still unable to provide a stable, fast and fair infrastructure for a continuous stock market.
In the next few years, we are unlikely to see the launch of a full-fledged blockchain exchange comparable in functionality to traditional platforms. Solving this problem will require significant technological innovations and changes in the very principles of organizing decentralized finance.