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    QONEQT in Crypto News

    11-Oct-2022 06:53 AM


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    Sam Bankman-Fried announces efficiency updates to FTX

    FTX CEO Sam Bankman-Fried announced in a series of tweets that, over the next month, the exchange is expected to roll out various improvements to its matching engine.
    These have been in the works for most of the year.

    — SBF (@SBF_FTX) October 10, 2022 According to the CEO, the exchange will roll out “a new order matcher, lower latency API, and a whole slew of other features” that have been in the works for almost a year now.

    Doubling the order of throughput will essentially reduce the processing time of trade orders while halving the order of latency will reduce the time delays between when an order is placed and when the transaction is executed.
    As a voyager shareholder and as a client in crypto, none of this is in our best interest.

    — Ruben Hurtado (@RubesSells) October 10, 2022 Related: Sam Bankman-Fried sheds light on how FTX would approach a Celsius bid In addition to being one of the largest crypto derivatives exchanges, FTX has made considerable inroads in the traditional payments space.
    Source: Cointelegraph
    #FTX