Binance has completed the largest update to its platform. Now, according to the head of the exchange, she is ready for the next bullish cycle.
On June 28, Binance completed a historic engine upgrade. This was announced on Twitter by the founder and CEO of Binance, Changpen Zhao.
According to Zhao, all the platform code has been completely rewritten in the new programming language. CEO Binance claims this is the biggest update in two years. Now the exchange can work 10 times faster, satisfying the requests of traders during the next hype in the crypto industry:
In theory, the processed volume [which the exchange can handle] will grow 100 times. But when real volumes grow, there will be some other peripheral systems that may temporarily become a bottleneck, but they will also be quickly eliminated.
Thus, the leading cryptocurrency exchange is already preparing for the next cycle of development of the crypto industry. This can be taken as another bullish signal ...