Blockchain

PolySwarm goes Gamma

PolySwarm is releasing v0.3 Gamma on July 31 with matchmaking feature
30 May 2018   1293

PolySwarm Gamma is to roll out on July 31. Matchmaking of Ambassadors, Experts and Arbiters is the key point of the upgrade. Along with that, based on Alpha and Beta feedback the Bounty instrument will be enhanced and extended. Still, it is going to be an experimental feature, and based on the users' interest Gamma release will explore it or the feature will be put on hold until the next milestone.

The following features will also be included into the coming release:

  • Worker Description Language (WDL) describing artifact analysis capabilities and Expert authorship attribution (for reputation);
  • Distributed, searchable, registry of Workers and their capabilities;
  • Confidentiality for pre-deadline Bounty Assertions;
  • Finalize Arbiter selection, response, and end-to-end Bounty feedback loop

At the moment of publication, thr market indicators for PolySwarm are as follows:

Average price 0.006545 USD
Market cap 9,610,037 USD
Volume (24H) 17,162 USD
BitcoinExchangesBinanceBlockchain

Binance to Launch BTC-Pegged Own Chain Based Token

In this way exchange wants to transfer crypto based on own blockchains to its ecosystem and  increase liquidity and trading volumes at Binance DEX
17 June 2019   155

In the coming days, Binance Exchange will launch a series of BEP2-tokens, tied to different cryptocurrency rates, on its own Binance Chain blockchain. The first token of this type will be BTCB - its rate is tied to Bitcoin.

BTCB is backed with bitcoins located in Binance reserves. The address for storing bitcoins has already been made publicly available, so that users can verify that the token has the necessary support.

In the future, the BTCB / BTC trading pair will be launched on Binance.com. With its help, users will be able to convert the original cryptocurrency into the Binance Chain token. The price spread in this case will be about 0.1%.

According to Binance, in this way it can transfer cryptocurrencies based on its own blockchains to its ecosystem and currently not represented in the Binance Chain. The company expects the launch of new tools to increase liquidity and trading volumes at Binance DEX.

While this approach is more centralized than atomic swaps, we believe it provides a higher degree of ease-of-use to most traders. And most traders are already trusting Binance.com to hold their funds anyway.
 

Binance Team

To date, Binance has independently reserved 9,001 BTC and released 9,001 BTCB. The BTCB / BTC trading pair on Binance.com will tentatively appear within a day, and an asset will be added to Binance DEX after approval of the relevant offer.