KyberNetwork partners with UC Berkeley to research blockchain

They are going to study ways to build better decentralized exchanges
23 November 2017   748

These two groups would be looking trading’s aspects, for example strategies and sustainability, diversity and specifically within KyberNetwork's early-stage exchange model. They have developed the roadmap for three-month. They will hope to find potential problems and solutions for exit from them.

 

We see the power of [decentralised exchanges] to influence adoption of the technology by mainstream users. Berkeley students, energetically focused on innovation and creative problem-solving, are an excellent group to help extend KyberNetwork's ideas and creative energy.

 

Loi Luu

Kyber's chief executive and co-founder

The team are looking four parameters: how many tokens users can transact at one moment, how long reserv rebuild, how many times to lock-up for reserve, price of token. Students, faculty, employees, researchers, engineers and others are participant in this research.

The hypothesis is about potentially unable of centralized exchanges to handle large volumes of users and decentralized would be trading platforms as a better alternative.

Waves to Release Node 1.0

According to the team, Node 1.0 is a culmination of many months of work and now RIDE programming language is supported for the mainnet
26 June 2019   86

Waves blockchain platform this Tuesday announced the release of a major update Node 1.0, which will significantly expand the capabilities of its ecosystem.

The developers call Node 1.0 the culmination of months-long work and pay particular attention to the release of the RIDE programming language for the core network Waves, which is focused on creating stable decentralized applications.

In addition, with Node 1.0 in Waves, it will be possible to release collection items on the blockchain or non-fungible-tokens, similar to those used, for example, in Ethereum-based CryptoKitties.

Also, users of the Waves decentralized exchange will be able to use assets other than WAVES coins to pay commissions. Calculation of commissions in this case will be carried out on the basis of the exchange rate of Waves DEX. The developers claim that their community members have been asking for a long time to implement this feature.

Activation of the update will require the accumulation of 80% of the votes of the participants in the ecosystem. For comparison, in EOS, where a similar consensus mechanism is used, the minimum bar is 15%. Node 1.0 on the Waves core network will be launched one week after reaching the specified number of votes. At the same time, users and developers will have access to all the new features.