7月20日据EOS Network Monitor网站最新数据显示，EOS主网TPS数值已超过3000，达到3097。TPS全称为每秒事务处理量，代表每秒钟系统能够处理的交易或事务的数量，是衡量系统处理能力的重要指标。
Little Turtle China Tour, supported by the world’s largest decentralized exchange based on EOS, Newdex, has successfully held its offline Shenzhen event recently.
The Shenzhen event invited a number of blockchain leaders and leading companies to share their understanding of blockchain. As the largest exchange in the EOS ecosystem, Newdex sponsored the event.
Consisted of lectures by guest speakers and two roundtable discussions, the event focused on heated topics including the rising price of Bitcoin, the entrance of institutions like JPMorgan and Facebook, Defi, Staking, cross-chain, and application of Dapps.
During the event, one guest speaker asserted, “Blockchain and digital assets will eventually evolve from a non-mainstream census to a mainstream one, and decentralized exchanges will be the center of world finance.”
“Diverging” from Centralized Exchanges, Decentralized Exchanges Are Looking for Their Chances.
As the basic infrastructure of exchanging digital assets, exchanges take two forms in the market: centralized exchanges and decentralized exchanges.
Centralized exchanges allow cross-chain token transfer. Its mechanism is: users should register and recharge to the exchange address. Then, servers of the exchange will match trades once assets arrive in the exchange address from wallets. When completed, exchanges will inform users, and now users can request to withdraw. The last step is for the assets to return to users’ wallets.
By contrast, decentralized exchanges are constructed on public blockchains, and they only support transfer within the public chain. Decentralized exchange in ETH, for example, only supports trades between ETH tokens and assets on ETH public chain. The trading process in such exchanges is: users don’t have to recharge to the platform—assets are directly transferred from the wallet, and they don’t have to withdraw for the money will transfer to the wallet directly when transaction completes.
With this comparison, it is quite clear to see to the strength and weakness of both exchanges. With its centralized asset management pattern, centralized exchanges can provide users excellent experience, even when they are dealing with a large scale of parallel real-time transaction. Another strength comes from their support for asset transaction among different public chains. But their weakness lies in the risks and potential hacks caused by the in opacity of assets after users recharge in the platform.
In comparison, decentralized exchanges are applauded for the increased security thanks to openness, transparency, and decentralized asset management, because all the assets and information are on chain. However, matched trades are limited by the capacity of public chains and cannot satisfy users’ trading needs.
Currently, start-ups are surging in the centralized exchanges, with Binance, OKEx, and Huobi Global being the most competitive ones and MXC and Biki emerging through the adding of popular token, community fission, and membership.
The “Top-Company Rule” is quite noticeable in the decentralized market, and the largest one in the EOS ecosystem, Newdex, is telling its decentralized story though multi-chain efforts.
Offering experiences comparable to centralized exchanges, Newdex is insisting on decentralization
As the largest decentralized exchange based on EOS, Newdex has always put asset security as the priority. It does not touch users’ private keys, nor does it need registration. In other words, users can begin transaction as long as they have an EOS account. Now, the platform has formed strategical collaboration with wallets across the ecosystem, and introduced innovations ranging from “scan and pay” to “wallet embedment”.
Newdex has covered nearly all wallet in the EOS ecosystem, including TokenPocket, Huobi wallet, bitpie, Hoo Wallet, MEET.ONE, and Math Wallet. When trading in Newdex, users can access the Newdex Embedded Version in their wallet. With no need of registration, Newdex allows users to login and post an order. Once transaction is completed, the assets will go directly to the wallet, eliminating the need to withdraw.
According to latest statistics from EOS Network Monitor, as of July 20th, TPS on EOS Mainnet has exceeded 3,000 to reach 3,097. With the full name “Transaction Per Second”, TPS represents the amount of transactions or actions a system can process in one second, an important indicator to measure system capacity.
Outstanding TPS has allowed Newdex to overcome the obstacles faced by decentralized exchanges on Ethereum: poor user experience caused by network congestion. With only a two-digit TPS, Ethereum is known for its ineffectiveness—users had to wait for half a day to precede a transfer because of network congestion. If a large sum is involved, this will be quite disturbing.
“Small steps” and “Big strides”—the way to cross-chain through multi-chain.
Newdex started as the first decentralized exchange on EOS ecosystem to become what it is today—the largest of its kind. During the process, Newdex has successfully designated smart contracts to “match transaction on chain and settle transacion” , launched Newpos, the world’s first decentralized pool without transfer, and penetrated itself among the EOS Block Producers.
Pledging to wipe out all the obstacles of decentralized market, achieving cross-chain transaction while keeping users’ private key and assets untouched, dedicated to decentralized asset management, Newdex is on its way to multi-chain exchange.
Newdex will make itself an infrastructure linking multiple public chains by building on all these chains. But it will first be dedicated to transactions among different chains before cross-chain trade matures. It will bring secure, open, and transparent trading experience parallel to that provided by centralized exchanges, and ultimately usher a brave new era of decentralized transaction.
Let’s look forward to it!