Written by Ting Pengformer writerReviewed by Alex Cohenformer editorBinance Completed Its Biggest Upgrade Ever and Says It’s 10x Faster
Latest NewsPublishedJun 28, 2020
Binance has completed its biggest platform upgrade in two years, it’s getting the speed ready for the next crypto bull run.
Binance just completed its largest upgraded on June 28, making the world’s largest crypto exchange faster, announced founder and CEO Changpeng Zhao, or CZ.
Anticipating the next bull run
The trading platform has reportedly re-wrote all code and switched the matching engine to a new programming language. It’s said to be the biggest upgrade in two years. It could perform 10 times faster for traders for the next bull run. CZ added that:
“[...] so in theory can handle 100x volume. But when real volumes hit, there will be some other peripheral systems that may temporarily bottleneck, but will be fixed quickly.”
Source: CZ Binance Tweet
As Cointelegraph reported previously, although Bitcoin price dropped below $9,000 for the second time this week, traders continued to buy on each dip.
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