Blockchain Infrastructure Faces Challenges in Supporting Global Financial Markets

According to Odaily, Solayer Labs' product lead, Joshua Sum, has highlighted significant deficiencies in current blockchain infrastructure, which hinder the development of a true global 24/7 financial market. Sum identifies three major issues with existing blockchain systems: low throughput limits, high transaction latency, and unfair transaction ordering mechanisms, known as MEV, which make institutional-level trading nearly impossible. Sum emphasizes that to achieve the vision of a global, borderless financial market, the blockchain industry must fundamentally rebuild its infrastructure. This includes developing networks capable of processing over 100,000 transactions per second with sub-second finality, while ensuring fair transaction ordering to prevent algorithmic arbitrage.