China exchange Binance adds Monaco (MCO) tokens

The newly launched China-based blockchain asset exchange Binance adds Monaco (MCO) tokens
16 August 2017   2126

The newly launched China-based blockchain asset exchange Binance gives support to Monaco (MCO) tokens. Notably, Binance is the first exchange in China to do so. The company will list MCO token on Wednesday, August 23rd.

Monaco (MCO) on coinmarketcap.com Monaco (MCO) on coinmarketcap.com

Deposits and withdrawals of the MCO token on Binance.com will be enabled from 3:00 pm HKT on Tuesday, August 22nd. The trading will officially begin at 3:00 pm HKT on Wednesday, August 23rd.

Since the successful closing of our token sale earlier this June, our team received thousands of inquiries from Chinese users regarding a local listing of the MCO token. Today, we are thrilled to partner with Binance to enable Monaco users in China to trade the MCO token conveniently and securely. Binance’s founding team built one of the most advanced trading engines in the market using their extensive industry experience – as a result, they reached the top 10 global digital asset exchanges by trading volume within 30 days of launch.
 

Kris Marszalek
Co-founder and CEO of Monaco

The Binance representative, Changpeng Zhao, also highlights the importance of the adding MCO tokens:

We are supportive of Monaco’s vision to bring cryptocurrency to every wallet. Monaco is perfectly aligned with Binance’s mission to allow everyone to exchange digital assets seamlessly. Most importantly, the cryptocurrency community needs initiatives that will drive adoption globally and we are confident in Monaco team’s ability deliver a fantastic product.
 

Changpeng Zhao
CEO of Binance

Other exchanges, including Bittrex, Liqui, Gatecoin, and Livecoin, are also carrying the MCO token.

 
 

Ethereum Scaling Solution Raiden to Launch Last Testnet

As noted by the developers, after implementing the new solution, the Ethereum network will be able to provide more than a million transactions per second
20 July 2018   132

On Thursday, July 19, at the Dappcon developer conference in Berlin, the last test network of Raiden for the Ethereum blockchain was launched, CoinDesk reports.

The release includes a minimal implementation of the scaling solution, which will allow the transfer of Ethereum tokens outside of the main blockchain. This is the last test phase before the introduction of technology into the core network of Ethereum.

It's the first step towards going to the mainnet. We really want people to really test this so we have a user interface, we have an API and we've created an open Github for everything they could find, so if we go hopefully bug-free on the mainnet.
 

Lefteris Karapetsas

Core Developer, Raiden

According to him, the new release represents an early implementation for the core network and contains a new rewritten code of smart contracts and payment channels that can be restored in case of unintended closure.

Also, Karapetsas urged developers to join the test network to help detect possible bugs, adding that a bounty program will be launched to encourage this activity.

The release date for the main network has not yet been assigned, but the developers intend to follow this earlier promise and launch Raiden this summer.

Karapetsas also promised to publish regular updates and code optimizations after the full release, adding that Raiden will complement other Ethereum scaling solutions that are currently being developed.

Raiden is essentially the payment channel network for ethereum, it's supposed to help us scale token transfers. The long term goal would be to have people use Raiden from a mobile device and be able to make off-chain token transfers just from their phone. That would be the long term vision, it would probably work in combination with various scaling solutions, sharding, plasma, a sort of hybrid.
 

Lefteris Karapetsas

Core Developer, Raiden

Raiden is developing from the 2015 and is written mostly on Python. The project is much like the Lightning Network. As noted by the developers, after implementing the new solution, the Ethereum network will be able to provide more than a million transactions per second.