was successfully completed.
Binance cryptocurrency exchange announced the successful completion of the planned Galileo update in the main network of its blockchain Binance Chain.
“The main Binance Chain network completed the update, and the test network services were stable from 8:00 UTC on 07/15/2019,” the company writes.
Together with the update in the matching engine of the Binance DEX exchange, the concepts of maker and taker were implemented. It is assumed that such a system "will be more friendly with respect to new users and reduce the likelihood of surprises."
Also at Binance DEX, the opportunity has appeared to delist trading pairs. If some trading pairs will have low trading volumes for a long time, the community may decide to delist them in order to increase overall liquidity, and the validators create a corresponding offer and vote for it in the prescribed manner.
Projects based on Binance Chain are given the opportunity to block a certain amount of their tokens for a specified time and then unlock them according to the instructions. This can be useful, for example, to limit tokens that are in the possession of a team, or provide third-party assets.
In addition, work was done to improve the blockchain synchronization mechanisms, thereby reducing the synchronization time.
Last week, Binance launched margin trading for all its users.
Publication date 07/16/2019
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