Today, Bitfinex announced plans to create EOSfinex, a high-performance decentralized exchange to be built on EOS.IO technology. Aiming to push the boundaries of its services, EOSfinex will combine the scalability and speed of EOS.IO with Bitfinex’s expertise in delivering an “on chain” exchange to offer a fast, transparent, and trustless platform for cryptocurrency trading. A continuous goal of Bitfinex has been to research and sandbox the capabilities of various protocol-level technologies that meet the rigorous requirements of a high volume, blockchain-based trading platform. This vision has led them to EOS.IO, whose goal of processing tens of thousands of transactions per second with minimal fees and confirmation time, is aligned with this ambition.
“We are excited to leverage EOS.io to further advance the field of high performance and trustless on-chain exchange. Block.one continues to display an unwavering dedication to improving blockchain scalability through the EOS.IO platform and it is our hope that this collaboration will allow significant advancement for all decentralized exchange. Our experience indicates that these advancements represent fundamentally transformative capabilities for the blockchain industry, and Bitfinex remains dedicated to leveraging the latest innovations to continue offering the world’s leading trading experience.”
J.L. van der Velde, Bitfinex CEO
About EOS.IO
Published by Block.one, EOS.IO is a blockchain protocol that enables horizontal scaling of decentralized applications, allowing developers to efficiently create high performance distributed applications. The EOS.IO software provides accounts, authentication, databases, and the scheduling of applications across multiple CPU cores and/or clusters. This allows for horizontal scalability, replaces user fees with an ownership model, and powers simple deployment of decentralized applications.
About bitfinex:
Founded in 2012, Bitfinex is a cryptocurrency exchange offering state-of-the-art services for digital currency traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex also provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital assets. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for professional traders and liquidity providers.
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