Cryptocurrency exchange Binance has accomplished one of the most important platform upgrades in the last 2 years. It claims to be ten times speedier and intends to be ready for the impending cryptocurrency bull run.
Binance, one of the world’s largest cryptocurrency exchanges, accomplished its largest upgrade on 28th June. The platform has now become ten times speedier, as per a recent announcement by Changpeng Zhao, the founder and CEO of the platform.
The digital asset trading platform has purportedly re-written all code and swapped the old matching engine with a new programming language. As per Zhao, it is one of the biggest upgrades in the last 2 years. The platform can allegedly perform ten times faster for the crypto traders who are eagerly awaiting the next bull run. Zhao said,
“[…] 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.”
Even though Bitcoin price fell below nine thousand USD level for the 2nd time this week, crypto traders supposedly kept on buying each dip. At the time of reporting, Bitcoin is changing hands at around $9150 showing gains of less than 1% in the last 24-hours.
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