The launch date of the Binance DEX decentralized exchange has been announced – February 20,

The CEO of the Binance Crypto Exchange Changpeng Zhao in his Twitter announced the start date of the public testing of his company's blockchain Binance Chain.

“Finally we have a date. We plan to open a testnet Binance Chain for public testing on February 20, he wrote.

This is a test network, so your feedback will be of particular value. ”

During a recent stream, Zhao reported that 11 nodes from close exchange partners were selected for the Binance Chain test network. In the future, developers intend to maintain a small number of nodes in their network, comparable to EOS .

It is expected that in the first stage, the blockchain's throughput will be 2,000 transactions per second, and in the future, the rate will be increased by horizontal scaling. When calculating the required bandwidth, developers were guided by the current needs of the Binance.com exchange.

“When developing Binance Chain, we focus on high loads, not on a variety of functional content,” Zhao said last week.

According to the creators of the plan, Binance Chain will be used to release digital assets and will form the basis of the new decentralized Binance DEX exchange.

Publication date 12.02.2019
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