-
The Great Fix™ is complete.Over the past few weeks, we have been working diligently on a number of improvements aimed at optimizing DEX performance by strengthening its internal structure. We are proud to announce that The Great Fix™ is complete, and you can now witness an improved version of DEX. The Great Fix™ includes: Users now always see the correct token value in dollar equivalent. We have improved the complex algorithm on the backend, and it is now capable of accurately determining asset values even under high blockchain or DEX loads. From time to time, we restart DEX to add a new feature or perform technical maintenance. As part of The Great Fix™, we
-
Multipools and How They WorkMining forms the backbone of the entire blockchain framework, allowing transactions to be processed and hashed in the decentralized ledger. As a rule, the transactions are processed by miners, or node operators, who have a vested economic interest in supporting the operability of the network. The miners receive rewards for their efforts in the form of native blockchain coins, which can later be sold, as are Ethereum, Bitcoin, and many others. Though the period between 2022 to 2023 has seen a considerable drop in blockchain activity overall, with the slump in crypto trading, mining remains a viable and attractive form earning cryptocurrenci
-
All You Need to Know About Price Impact on Decentralized ExchangesThe phenomenon known as price impact is a constant pain for traders who are familiar with high-frequency trading or have ever traded on cryptocurrency exchanges. When the effects of a price impact take place, traders are at a loss, bringing about frustration and financial setback. What Is Price Impact? The phenomenon of price impact can be best explained by the sudden change in the price of an asset as a result of the processing and execution of the transaction related to it. The price impact itself is calculated in the form of the size of the order being traded in relation to the amount of liquidity currently available. The relation
-
The Perils of AI-Assisted TradingThe advent of artificial intelligence heralded a new era in both data processing and the utter diminishment of human critical thinking and information analysis. The ability of AI to process vast amounts of information makes it an ideal instrument for the identification of possibly beneficial grains of data that can be used to derive insights and trends. However, the forecasting abilities of AI are extremely limited, since they rely on the information that the machine is provided with. Considering that the AI is devoid of the ability to apply critical thinking and distinguish truth and facts from garbage data, the reliability of the derivation
-
Blockchain as a Streamliner of FinanceBlockchain technology was initially developed as an alternative for the traditional financial industry. Considering the many limitations of such gateways as VISA, MasterCard, and traditional banks, Bitcoin – the original cryptocurrency – leveraged blockchain as a means of accelerating transactions and eliminating intermediaries from the chain of operations. By making payments faster, more transparent, and more affordable, blockchain was conceived as an ideal alternative to international gateways and the financial infrastructure as a whole to facilitate cross-border monetary transactions. As time passed and the blockchain and cryptocurrency
-
Uses of AI in Web3 and Web3.0The use of Artificial Intelligence, or AI, is slowly spreading, with new applications being discovered for the technology, and some previous ones – discarded. And while some are questioning the real-life applications of AI, others are stressing the vital role it will play in the formation of the internet of the future, or Web3. However, there are still some misconceptions about Web3, or to be more specific – about the differences between Web3 and Web3.0. The fact of the matter is that both of these technologies have some aspects in common, but are rather different, with AI being the major factor uniting them under the banner of the interne