Ethfinex Exchange unveiled by Bitfinex

Bitfinex announces an information and exchange platform called Ethfinex 
03 August 2017   2010

Is an open-source blockchain-based distributed computing platform featuring smart contract functionality, which facilitates online contractual agreements 

The launch of Ethfinex, an information and exchange platform for Ethereum-based trading and discussion, has been announced by Kasper Rasmussen, an owner and operator of the cryptocurrency exchange Bitfinex, On August 2nd.


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

As the release details, Ethfinex will be a community and information hub for Ethereum-based projects, "designed to facilitate learning, discussion and analysis, whilst offering access to the most highly liquid and advanced trading platform for Ethereum ERC20 tokens".

Ethfinex by Bitfinex Ethfinex by Bitfinex

As the company claims, the core value of tokens and tokenised assets on Ethereum is the communities around them, but these communities are often "dispersed, with information that is difficult to find, analyse, store, and track". Thus, according to the realease, the long-term vision for Ethfinex will be the creation of a highly liquid, customer-centric digital asset exchange and information platform

To accelerate the development of on-blockchain exchange the Ethfinex platform will pioneer a hybrid decentralised architecture, allowing decentralised exchanges to plug into it and trade with Ethfinex customers as well as each other, the team argues

Ethfinex will reflect the nature of the Ethereum community itself, building strong two-way relationships with other project teams.

Kasper Rasmussen
Owner and operator of Bitfinex

According to the company, smart contracts and decentralisation will increasingly be built into everything Ethfinex does, alongside creating tools and modules necessary to interact with and contribute back to other projects in the ecosystem.

Website and whitepaper 

Sparkpool to Freeze $300k Reward

As reported, pool suggests that such a high commission could have been paid by someone in error and is considering the possibility of a refund
20 February 2019   68

The Sparkpool mining pool decided to freeze the remuneration in the amount of 2,103,1485 for the extraction of block # 7,238,290. The management of the organization suggests that such a high commission could have been paid by someone in error and is considering the possibility of a refund, CoinDesk reports.

The head of the Sparkpool Xin Xu argues that users of the pool understand and agree with the decision, given the size of the amount involved.

Unfortunately, and fortunately, blockchain is so far not completely run by machines; human are still involved. So we have an opportunity to correct the problem. Integrity is our pool’s priority.

Xin Xu

CEO, Sparkpool

While some users suggested that a large commission was paid by mistake, others admitted that this could be a goodwill gesture from an anonymous donor to the community of the miner or even an attempt to launder money through the blockchain cryptocurrency.