Schlagwortarchiv für: exchange

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An Intro to TrueBit: A Scalable, Decentralized Computational Court.

An Intro to TrueBit: A Scalable, Decentralized Computational Court.

or: “An Intro to Panopticomputers: Code Execution Courts for Scalable, Decentralized Computation”.

The Ethereum community never ceases to amaze me. So many smart people working at the fringes of what’s possible. We haven’t really scratched the surface of what’s possible in the current iteration and we are already seeing amazing new opportunities come to the fore.

For the unenlightened, Ethereum can be described as a distributed “world computer” using blockchain technology. It allows developers the ability to upload code to a blockchain, upon which it executes the code when activated to change some information on a shared ledger. In other words, you can apply arbitrarily complex state changes to a shared, public (relatively) immutable ledger. Every node in the p2p network runs these state changes, whilst specific computers (the miners) make sure these state changes are difficult to reverse (by being rewarded the subsidy & fees). In order to execute state changes & computations one pays proportionally with the cryptocurrency of the platform, ether. The more computations you want to do, the more you will pay for it. The amount of computations are measured in a separate unit, called “gas”.

Source: An Intro to TrueBit: A Scalable, Decentralized Computational Court.

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Binance Adds 250,000 New Users a Day

A new exchange has suddenly taken the crypto-space by storm, reaching 3 million users in mere six months since it launched on July 14th 2017 and growing so fast it temporarily does not accept new users at all.

“Servicing existing members is higher priority at this point,” Changpeng Zhao, Binance’s founder, says before further adding:

“Full team working around the clock. Both tech and support. Just too much demand. Added 250,000 new users in the last 24 hours. Just crazy!”

The Hong Kong based exchange held an ICO raising around 30,000 eth, currently worth $30 million, for 100 million BNB ECR20 tokens.

The raised funds are now dwarfed by BNB’s total market cap of some $1.2 billion with Binance’s founders holding half of it, but why did this exchange suddenly rise to top volumes of $10 billion in the past 24 hours, twice that of Bithumb?

The answer might be a number of reasons. First, it is the only exchange to offer Eth pairs, something many have asked for, especially with ever increasing bitcoin fees.

As such, instead of having no option but to buy, say, TRX with BTC, or a number of other coins/tokens, you can now choose whether to buy them with eth or with btc.

That in itself might have led to strong support by the eth community for the exchange and they indeed were the first to mention it in every two sentences.

Secondly, the ICO itself may have created a base of supporters who were monetarily incentivized to recommend the exchange.

With the third reason perhaps being that the team seems decent. Changpeng Zhao is no newcomer to this space. He was the third employee at blockchain.info and a co-founder as well as CTO at OKCoin.

He thus, presumably, knows a thing or two about exchanges. Binance boasts 1.4 million transactions a second, multilingual support, including in Chinese and Spanish, as well as multi-coin support.

It is probably the latter that has given rise to this exchange, proving once again that satisfying market demand can be very rewarding indeed.

Kraken used to be a lingering exchange of no one’s care until they added ethereum back when few had eth trading. Then, it suddenly became a player, until it could not keep up any longer with users given a catalogue of errors instead of a trading interface.

Binance might have perhaps risen in any event, but the market was demanding eth trading pairs, and with it so being the only exchange to provide them, it might perhaps be the primary reason it has so risen.

And with its rise, a new dimension might enter this space. Bitcoin’s only competitive advantage – trading pairs – might no longer be such an advantage as ethereum now enters to compete even in that area.

Source: trustnodes.com – Binance Adds 250,000 New Users a Day

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Introducing Name Bazaar – district0x

Introducing Name Bazaar

A peer-to-peer marketplace for the exchange of names registered via the Ethereum Name Service

Today we are thrilled to announce the long awaited public launch of our second marketplace and district, Name Bazaar, to the Ethereum mainnet. Work on Name Bazaar began immediately upon the close of our network fundraiser in August, and this release represents the culmination of many hours of effort from all district0x team members.

At its core, Name Bazaar allows for peer-to-peer, trustless exchange of cryptographic assets on the blockchain in the form of ‘names’, or Ethereum Name Service (ENS) domains. It serves as a prototype framework for a vast collection of marketplaces to come to the district0x Network in the future.

How Does it Work?

The ENS system contains a registrar and auction process which allows any Ethereum user to register and acquire a name via auction. However, no resale mechanism is provided, meaning once a name is registered and owned, the owner has no way of trustlessly transferring ownership of the domain on the blockchain through smart contracts.

Weiterlesen

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Turn your exchange into a Ripple Gateway

Throughout 2014 we’ve talked to businesses all over the world, both big and small, who are interested in tapping into Ripple’s increasing liquidity and settlement capabilities. For exchanges dealing in bitcoins and other assets, the value proposition is clear – deeper orderbooks and the ability for customers to hop between different assets instantly is a major boon to their service. The natural follow-up question is how to get started.

As such, we’ve developed a high-level integration guide for exchanges that covers the basic accounting concepts of operating a gateway on Ripple and some of the API calls you can use to interact with the network. For the purposes of this guide, we’ve outlined an example integration for the fictional Acme Bitcoin Exchange. While specifically referencing bitcoins as the asset handled by this gateway, note that the concepts are applicable to other forms of value such as physical commodities, securities, fiat currencies, and more.

Feel free to email us at with any questions or thoughts on how this could be improved.

Ripple

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Turn your exchange into a Ripple Gateway

Throughout 2014 we’ve talked to businesses all over the world, both big and small, who are interested in tapping into Ripple’s increasing liquidity and settlement capabilities. For exchanges dealing in bitcoins and other assets, the value proposition is clear – deeper orderbooks and the ability for customers to hop between different assets instantly is a major boon to their service. The natural follow-up question is how to get started.

As such, we’ve developed a high-level integration guide for exchanges that covers the basic accounting concepts of operating a gateway on Ripple and some of the API calls you can use to interact with the network. For the purposes of this guide, we’ve outlined an example integration for the fictional Acme Bitcoin Exchange. While specifically referencing bitcoins as the asset handled by this gateway, note that the concepts are applicable to other forms of value such as physical commodities, securities, fiat currencies, and more.

Feel free to email us at with any questions or thoughts on how this could be improved.

Ripple

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