BTCC launches new cryptocurrency exchange with ETC support

New exchange from the creators of the longest-running Bitcoin exchange
26 June 2017   2541

Distributed database that is used to maintain a continuously growing list of records, called blocks

Recently, new cryptocurrency exchange was launched. BTCC DAX is created by the BTCC, developers by the longest-running Bitcoin exchange. Bitcoin/Ethereum Classic is a first trading pair. 

Company has choosen Bitcoin/Ethereum Classic as a first trading pair due to people's choice. BTCC's CEO Bobby Lee created a Twitter's survey in May and asked the community which currencies BTCC should list next. Survey was two weeks long and Ethereum Classic won.

But Ethereum Classic is just a beginning. Ethereum will be added in the first part of July 2017, other cryptocurrencies will be available in the nearest future.

According to Aaron Choi, BTCC's vice president of international business, DAX is a multi-device trading platform with high performance. Cryptocurrencies trading becomes quick and convenient with BTCC DAX. Cross-platform makes trading extra fast and fully-responsive. User can trade or monitor the market on the go. 24\7 customer with guaranteed responses within 12 hours is also included.

Customer deposits will be accepted since June 26th, 2017, at 6:00 PM (UTC+8; 6:00 AM EST); trading will go live on Tuesday, June 27th, 2017, at 6:00 PM (UTC+8; 6:00 AM EST).

DFINITY to Postpone Internet Computer Launch

The project is currently assessing the time frame for the completion of the MVP
14 December 2018   88

The blockchain project Dfinity reported in its blog postponing the launch of its main product.

Previously, Dfinity chief scientist Dominic Williams said that his company intends to create an “Internet computer that will become cloud 3.0”, compete with Google Cloud and Microsoft Azure, and also change the face of the blockchain industry.

According to him, the project team is developing a technology that has 150 higher performance than Ethereum blockchain and 900 times - Bitcoin. In essence, the project creates a “giant Internet computer”, whose work will be supported not by one company, but by all participants of the Dfinity protocol.

Initially, the release of a minimum viable product (MVP) was planned for the first quarter of 2019. However, according to company representatives, working on a trimmed version may slow down progress in creating a complete product.

The project is currently assessing the time frame for the completion of the MVP. Also, noted in Dfinity, before the end of the first quarter a new set of development tools (SDK) will be released, which will shed light on the future plans of the company.

In August, the Dfinity Foundation attracted $ 102 million of investments in the framework of a closed tokensale. Prior to this, at the beginning of the year, the Dfinity Foundation raised $ 61 million from Andreessen Horowitz and Polychain Capital.