HOME CATEGORIES WRITE AND EARN 🔍
CATEGORIES WRITE AND EARN MORE

CRYPTO NEWS

Your favorite crypto news blog

IDEX Unveils a Demo Version of Optimistic Rollups

Other 2019/12/06 04:00 by JP Buntinx
idex market

Cryptocurrency trading platforms need to keep growing and evolving to remain competitive. The IDEX team has opened a public beta of its new platform, which introduces some big changes. 

IDEX Is one of the most popular decentralized exchange platforms in the world today.

Prominent Changes for IDEX Users

Even so, there is no reason not to innovate further and bring pressure to potential competitors.

For IDEX 2.0, there are some interesting features users can take advantage of.

The optimistic rollups will introduce a massive increase in off-chain transactions.

In fact, it theoretically becomes possible to achieve unlimited off-chain scaling without increasing the on-chain settlement costs. 

During the demo of the new platform, the team will get a better idea as to how viable this approach is and whether more tweaks will be needed. 

There will also be some changes to the staking of IDEX tokens, primarily due to the introduction of optimistic rollups. 

In regulatory news – which is unavoidable in the cryptocurrency industry – it appears that New York-based traders are still not welcome.

That change has gone into effect several weeks ago and will not change for the foreseeable future. 

By actively letting users play around with the new features in a demo environment, clients will get  a good idea of what’s in store for them when using IDEX.

If this dApp is to remain as popular as it is today, changes like these will be crucial. 

Image(s): Shutterstock.com

The post IDEX Unveils a Demo Version of Optimistic Rollups appeared first on The Merkle Hash.

0 Like(s)



You should also read...

Crypto 18/11/19 10:18 by Guest Author
Discover Best Crypto Rates From Reliable Exchangers On BestChange.com
Exchanging virtual currencies online has become easier with online exchanger monitoring service that helps users to find the best rates for converting digital money and cryptocurrencies in reliable an...
Read More
Altcoins 15/10/20 12:39 by Bernice Nyambura
Coinbase Wallet Integrates Native Support For Ethereum’s Scaling Solution
Coinbase Wallet has integrated Optimistic Ethereum, a scaling solution for the Ethereum ecosystem that was developed to enable instant transactions and support scalability in Ethereum-based DApps. ...
Read More
Altcoins 29/04/21 17:52 by NewsBTC
Passive Income, A Unique Blockchain Token Re-Imagining DeFi Yield Generation
DeFi has brought several new functionalities to the crypto world. From crypto mining to yield farming, everything has been optimized through the integration of blockchain technology and DeFi applicati...
Read More
Other 09/06/21 18:59 by NewsBTC
BSC Is on Fire: Projects Migrate to a New Ecosystem
Have you ever tried energy drinks like “Burn”, “Red Bull” or “Monster”? Despite the fact that they don’t give you wings they do help to boost productivity whe...
Read More
Other 17/06/21 18:47 by News BTC
An Interview with ZKSwap’s Lead Dev Alex Lee
ZKSwap has recently announced a major development in the form of the V2 launch. As the noise around the platform’s latest move continues to increase, we decided to reach out to its lead develope...
Read More