Solana SPL is coming to AscendEX

PrivadoVPN.com Ad Advertisement

Solana SPL is coming to AscendEX

Advertisement

AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the support of Solana Public Library (SPL) for deposits and withdrawals of SRM, USDT, USDC, FIDA, MAPS and OXY on Mar 26 at 9:30 a.m. EDT.  AscendEX users will be able to take advantage of Solana’s low transaction costs and high transaction speeds when making transfers with the SPL.

Solana is a single-chain, Proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security. Solana can currently handle 50,000 TPS with single transaction costs as low as $0.00001.

The Solana Program Library (SPL) is a collection of on-chain programs targeting the Sealevel parallel runtime. These programs are tested against Solana's implementation of Sealevel, solana-runtime, and are deployed to its mainnet. As others implement Sealevel, Solana will accept patches to ensure the programs are portable across all implementations.

Increasing numbers of projects are migrating to Solana. For now, there are more than 120 projects using Solana.  These projects range from unique wallet solutions, decentralized exchanges, lending protocols, staking platforms, digital games, storage solutions, and more.

Core to Solana’s scaling solution is a decentralized Proof-of-History (PoH), built to solve time in distributed networks where there is no single, trusted source of time. By using verifiable delay functions, PoH allows individual nodes to generate timestamps with SHA256 computations locally. This eliminates the need for broadcasting timestamps across the network, improving overall network efficiency.

By combining these core innovations, Solana enables developers to deploy apps that are easily composable and unstoppable. Leading crypto projects are now leveraging Solana’s speed and ultra-low fees in order to scale to billions of users and devices globally.

About AscendEX

Originally founded in 2018 as BitMax.io, AscendEx is a leading digital asset financial platform catering to both professional and retail traders. Our venue offers spot, futures, margin trading and staking products and incorporates key elements from the DeFi space to foster a unique market structure for users. AscendEx is led by a team of Wall Street veterans who have applied traditional markets’ rigor to create a robust, secure, and reliable experience for all participants, and a consistent source of liquidity for primary offerings.

For more information and updates, please visit:

Website: https://ascendex.com
Twitter: https://twitter.com/AscendEX_Global
Telegram: https://t.me/AscendEXEnglish
Medium: https://medium.com/ascendex

About Solana

Solana is a single-chain, Proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security. Since its inception, the Solana team — comprised of pioneering technologists from Qualcomm, Intel, Netscape, and Google—has focused on building the tech required for Solana to function with groundbreaking performance standards.

For more information and updates, please visit:

Website: https://solana.com/
Twitter: https://twitter.com/solana
Telegram: https://t.me/solanaio
Medium: https://medium.com/solana-labs

Updated 11:39 PM UTC+8, 27 Mar 2021
Advertisement
Published all Press Release content on kenkarlo.com. Encouraging you, our readers to study caution prior to, considering any involvement with said company, organizations that involves investment mentioned in the published articles. KenKarlo.com is not a subsidiary of any marketing agency, nor owned by any company. Submit your press release on KenKarlo.com.
Advertisement
Advertisement

Featured Stories

Advertisement

Recent Stories

Optimize Your Content for SEO – 5 Free Tools to Get Sta...

Why Do Enterprises Opt For Flutter App Development?

How to Use a VPN to Unblock Geo-Restricted Content

7 Benefits of Staff Augmentation in 2022

Skills and Education to Help You Start a Successful Busin...

Startups

ARNO Token

Coin98 (C98)

Tycoon (TYC)

PointPay (PXP)

Winsshi (WNS)

Kumu Holdings

Recent Stories

Optimize Your Content for SEO – 5 Free Tools to Get Sta...

Why Do Enterprises Opt For Flutter App Development?

How to Use a VPN to Unblock Geo-Restricted Content

7 Benefits of Staff Augmentation in 2022

Skills and Education to Help You Start a Successful Busin...

Startups

ARNO Token

Coin98 (C98)

Tycoon (TYC)

PointPay (PXP)

Winsshi (WNS)

Kumu Holdings

Technologies

Why Do Enterprises Opt For Flutter App Development?

How to Use a VPN to Unblock Geo-Restricted Content

The Benefits Of Hiring A Blockchain Marketing Agency

5 Startups You can Describe in your College Paper

4 Ways Your Small Business Benefits From Outsourced Techn...

Advertisement

How To

How Digital Technology Has Changed Photography

A Beginner’s Guide To Law Firm SEO

How to Keep Learning in a Rapidly Changing Technological ...

What is the Most Profitable Way to Gamble in a Casino?

How To Begin Your Startup’s Digital Transformation In 4...

Business

7 Benefits of Staff Augmentation in 2022

5 Guaranteed Digital Marketing Strategies For Your 2022 B...

5 Startups You can Describe in your College Paper

4 Ways in Which Artificial Intelligence Rules Every Busin...

A Beginner’s Guide To Law Firm SEO

Advertisement

Categories

Digital Marketing

Technology

How to

Social Media

Blockchain

Press Release

Tech News

Business

Startup

Reviews

Gadgets

Security

Finance

SEO

x
By using this website, you agree to our Terms and Conditions and Privacy Policy.