Subscribe to Our Newsletter
Monday June 27, 2022
Bitcoin (BTC) $21,359.00   Ether (ETH) $1,223.55
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Easily Swap USDT (TRC20) & More
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
CryptoNinjas
Home Crypto Exchanges

COBINHOOD’s decentralized exchange DEXON launches testnet

Published by CryptoNinjas.net
11/12/2018
COBINHOOD’s decentralized exchange DEXON launches testnet

The DEXON Foundation, which guides the development of the decentralized protocol, DEXON, announced today the launch of its testnet, which will allow developers, to realize the benefits of DEXON’s secure and scalable platform.

The DEXON testnet will serve as a tool that enables developers and technologists to develop an Ethereum-compatible DApp as a proof of concept to show what DEXON is capable of. While these tokens will be valueless, they will serve the purpose of testing trades between nodes on a DEXON simulated blocklattice that holds similar functionality to the main DEXON technology.

DEXON was founded in 2018 by the leadership team of COBINHOOD, a cryptocurrency services platform, and exchange, with the goal of scaling blockchain through the secure and credible blocklattice ecosystem.

The testnet will work in tandem with DEXON explorer, DEXSCAN which serve as a user-friendly explorer, showcasing, confirming, and validating all transactions. As well as DEXON wallet, DeKuSan, which allows users to visit the blocklattice on a browser, run DApps, view transactions and send tokens. Currently, the performance of DEXON testnet is 10K TPS with three-second latency, a record-breaking result in the market.

[perfectpullquote align=”full” bordertop=”false” cite=”Popo Chen, Co-founder of both COBINHOOD and the non-profit DEXON Foundation” link=“” color=“” class=“” size=””]”After much anticipation, the DEXON team is proud to mark the first step in our journey of bringing cryptocurrency applications into the mainstream through the launch of testnet, which will underpin the legitimacy of our blocklattice ecosystem. We hope to continue to spread the word of the potential this technology holds by educating the developer community. The launch of testnet is an important milestone for DEXON, in that it provides a firsthand experience of a technology that was once only a high-level and innovative conversation.”[/perfectpullquote]

Along with $20 million of funding led by IDG Capital back in August, DEXON simultaneously announced the results from its first test of transaction speeds, which clocked 50 blocks per second with 25 nodes – an estimated one million transactions per second given a block size of 2MB and an average transaction size of 100 bytes.

FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Founder of crypto exchange COBINHOOD Popo Chen: “This is no exit scam”

05/30/2019
Founder of crypto exchange COBINHOOD Popo Chen: “This is no exit scam”

Popo Chen, the Founder of crypto exchange COBINHOOD, which launched in December 2017, has released a statement responding to recent accusations of mishandling of the business and other events, the letter can be found...

Read more

COBINHOOD lists 4 stable coins including GUSD, DAI, PAX and TUSD

11/08/2018
COBINHOOD moving to ERC20 USDT; integrating ACHAIN, EOS, IOTA

COBINHOOD, a cryptocurrency service platform and exchange, today announced the addition of four (4) stable coins on its exchange: the Gemini Dollar (GUSD), MakerDao (DAI), Paxos Standard Token (PAX) and TrueUSD (TUSD). Each of...

Read more

Crypto exchange COBINHOOD adds margin trading and lists XRP and NEM

10/18/2018
Crypto exchange COBINHOOD adds margin trading and lists XRP and NEM

COBINHOOD, a cryptocurrency service platform with a zero-fee exchange, today has confirmed that the launch of margin trading on its platform will be scheduled to begin on Friday, October 19th, as previously announced. From...

Read more

COBINHOOD to support ICO of e-commerce verification platform simplyBrand

10/16/2018
COBINHOOD to support ICO of e-commerce verification platform simplyBrand

COBINHOOD, a cryptocurrency service platform today announced its partnership with e-commerce verification platform simplyBrand to support and advise the launch of the company's initial coin offering (ICO). The ICO token, SBA will be used...

Read more
Load More

Discussion about this post

Where to Exchange

Crypto services suite in Spanish Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
America's first regulated bitcoin exchange Visit
  • Trending
  • Latest
Input Output launches suite of sidechains for Cardano blockchain

Input Output launches suite of sidechains for Cardano blockchain

06/20/2022
Crypto-custodian Hex Trust welcomes approval for Dubai crypto-asset license

Crypto-custodian Hex Trust welcomes approval for Dubai crypto-asset license

06/21/2022
Crypto payment processor CoinPaid increases capital reserves to 5M EUR

Crypto payment processor CoinsPaid increases capital reserves to 5M EUR

06/20/2022
Polygon DAO integrates DiD service to prevent hostile takeovers and whales

Polygon DAO integrates decentralized ID service to prevent hostile takeovers and whales

06/22/2022
Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits

Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits

06/23/2022
CoinLoan integrates crypto analytics platform Elliptic to guard users from threats

CoinLoan integrates crypto analytics platform Elliptic to guard users from threats

06/23/2022
SithSwap raises $2.65M to build next-gen AMM on StarkNet

SithSwap raises $2.65M to build next-gen AMM on StarkNet

06/23/2022
Blockchain data platform Chainalysis introduces 'Crypto Incident Response Program'

Blockchain data platform Chainalysis introduces ‘Crypto Incident Response Program’

06/22/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy