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Binance DEX “Binance Chain” is Ready for Public Testing on February 20 :CZ


Binance’s decentralized exchange Binance DEX is targeted to release for public testing on February 20. 

Binance DEX Coming on February 20

The decentralized exchange of Binance, Binance Chain is all set to make it to the testnet in the coming week. Binance CEO, Changpeng Zhao took to Twitter, to share it with the crypto community that the target is set for February 20th for public testing.

Recently, in the “ask me anything” session, Zhao revealed new details about the decentralized exchange that is currently under development by the largest cryptocurrency exchange, Binance. Initially, the number of network consensus validators on the Binance Chain will be small, starting with 11 validator nodes. Once the exchange goes live, they will be looking for “guys who can run very fast validators.”

“So, in the Binance Chain, there’s no smart contract. We just have an interface for you to issue tokens, and then you can trade it. Binance Chain is a very simple chain in terms of application,…



Read Full Story : Coingape

2019-02-12 08:58:30

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