Binance Completed Its Biggest Upgrade Ever and Says it’s 10x Faster

Binance just completed its largest upgraded on June 28, making the world’s largest crypto exchange faster, announced founder and CEO Changpeng Zhao, or CZ.

Anticipating the next bull run 

The trading platform has reportedly re-wrote all code and switched the matching engine to a new programming language. It’s said to be the biggest upgrade in two years. It could perform 10 times faster for traders for the next bull run. CZ added that: 

“[…] so in theory can handle 100x volume. But when real volumes hit, there will be some other peripheral systems that may temporarily bottleneck, but will be fixed quickly.”

CZ Binance Tweet

Source: CZ Binance Tweet 

As Cointelegraph reported previously, although Bitcoin price dropped below $9,000 for the second time this week, traders continued to buy on each dip.

Articles You May Like

How monetary policy helps mitigate economic impact of coronavirus
Chinese Province Partners With QuarkChain to Develop Environment Governance Platform on Blockchain
China Mobile Communications Association Recognizes IOST’s Aiou Tech & Alipay as “Outstanding Blockchain Programs” in Tackling COVID-19
New Enterprise Ethereum Director Widens Tent to Include Exchanges and DeFi
Blockchain Rockstar ShareRing Teams Up With GDA Capital for Growth Capital & Distribution

Leave a Reply

Your email address will not be published. Required fields are marked *