Decentralize Derivatives Trading with Custom Blockchain
Decentralize Derivatives Trading with Custom Blockchain
David Gogel of dYdX discusses how the decentralized exchange is building a custom blockchain to fully decentralize derivatives trading. He explained how the new dYdX chain will allow validators to run order books in memory, enabling decentralized order matching at scale. This shift aims to increase security and transparency for traders while maintaining the performance of centralized exchanges.
Research its origins, how it works as a decentralized digital currency, and its underlying blockchain technology.