RT Jarry Xiao (@jarxiao)There are ~5-10 key architecture decisions that make or break every large engineering system.A misstep in one of these decisions can lead to irrecoverable roadblocks for the product in the long term.@PhoenixTrade is not a software masterpiece, but it's the first truly viable fully on-chain perps smart contract on @solana because we made reasonable decisions in the most critical areas.Matching EngineThe Phoenix matching engine handles trades atomically for all counterparties. This mea ...

RT Jarry Xiao (@jarxiao)There are ~5-10 key architecture decisions that make or break every large engineering system.A misstep in one of these decisions can lead to irrecoverable roadblocks for the product in the long term.@PhoenixTrade is not a software masterpiece, but it's the first truly viable fully on-chain perps smart contract on @solana because we made reasonable decisions in the most critical areas.Matching EngineThe Phoenix matching engine handles trades atomically for all counterparties. This mea ...