Majuro, Marshall Islands, May 21st, 2024, Chainwire

Multipool, a leading innovator in the blockchain and cryptocurrency industry, announces corporate partnership with industry-leading global connectivity provider BSO, enabling ultra-fast low latency trading on Multipool. The combined tech offers users a comprehensive suite of fully decentralized trading tools delivering the best DEX price execution in the industry.

Fully utilizing BSO’s cutting-edge technology and direct access to financial market data centers, Multipool will offer the following features to users trading on the platform:

• Equinix NY4 – a pivotal data center for secure connectivity within the North American financial markets trusted connectivity hub for NYSE trading.
• Equinix TY3 – the gateway to Japan’s stock exchanges.
• CME – the closest proximity to CME Globex trade matching engine.
• Equinix LD4 – the interconnection nerve center for the UK’s stock exchanges.

“We are revolutionizing decentralized finance trading with an efficient, secure, and versatile solution tailored to meet the exacting demands of traders and investors. The era of rudimentary order execution mechanisms and subpar price execution is drawing to a close. By partnering with BSO, traders can expect a seamless DEX trading experience, underpinned by the critical connectivity and market access foundation we provide.” Wojciech Kaszycki, a Core Contributor at Multipool.

“For over two decades, BSO has been a trailblazer in global financial connectivity. We’ve consistently led the charge in identifying emerging investment classes, models, regions, and technologies. Whether it’s HFTs, Algo trading, Crypto, or now, decentralized finance (DeFi), we’ve recognized the need for enhanced connectivity early on, investing significantly to develop targeted solutions.” Michael Ourabah, BSO’s Chief Executive Officer.

On the cutting edge of Cryptocurrencies

Multipool provides financial traders & investors with the features of a centralized exchange on a fully compliant and stable decentralized platform for trading real-world assets (RWAs) and cryptocurrencies.

Multipool’s landmark capability is its fully decentralized on-chain order book, offering the precision of a traditional order book with deep levels of liquidity, optimal price execution and exceptional trading efficiency. Other key features include decentralized limit ordering and hybrid order execution, zero price impact auctions, P2P Repo Lending and trustless RFQs (request for quotes).

Stay in the know

Multipool’s vision for unlocking DeFi’s untapped potential is outlined in its whitepaper, which explains Multipool’s governance, protocol capabilities and tokenomics for its native token, $MUL.

Multipool’s LBP is now live on Fjord Foundry – Fjord Foundry $MUL LBP

To learn more about Multipool and its features, users can visit:

Website – www.multipool.finance

Telegram – t.me/multipoolfi

X – www.x.com/multipoolfi

About Multipool

Multipool is a cutting-edge decentralized exchange (DEX) transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies. Multipool is designed for fairness and equality, featuring a fully decentralized on-chain order book, deep liquidity through dynamic bracket pools, and seamless trading of RWAs and cryptocurrencies. Utilizing world-class innovations including industry-first FIX APIs, low latency networks, zero price impact auctions, trustless RFQs, peer-to-peer repo lending, and MEV bot protection, Multipool sets a new standard in DeFi trading. Experience unparalleled efficiency and security in your trading journey with Multipool – The DEX with CEX appeal.

https://www.multipool.finance/

About BSO

Founded in 2004 and serving the world’s largest financial institutions, BSO is a global pioneering infrastructure and connectivity provider, helping over 600 data-intensive businesses across diverse markets, including financial services, technology, energy, e-commerce, media and others.

BSO owns and provides mission-critical infrastructure, including network connectivity, cloud solutions, managed services and hosting, that are specific and dedicated to each customer served.

The company’s network comprises 240+ PoPs across 33 markets, 50+ cloud on-ramps, is integrated with all major public cloud providers and connects to 75+ on-net internet exchanges and 30+ stock exchanges. The team of experts works closely with customers in order to create solutions that meet the detailed and specific needs of their business, providing the latency, resilience and security they need regardless of location.

BSO is headquartered in Ireland and has 11 offices across the globe, including London, New York, Paris, Dubai, Hong Kong and Singapore.

www.bso.co

Contact

Public Relations Manager
Angie Hermosa
Multipool
press@multipool.finance

Zug, Switzerland, May 21st, 2024, Chainwire

Cardinal Cryptography, core developer of the zero-knowledge, privacy-focused blockchain Aleph Zero, announced today the launch of Common Automated Market Maker (AMM), the first mainnet release of a novel DeFi platform, Common. Positioned as a decentralized exchange (DEX), Common’s Automated Market Maker (AMM) delivers a user-friendly trading experience, complete with the built-in bridge between Aleph Zero and Ethereum, MOST, and the initial rollout of the platform’s broader capabilities. 

Introducing Common AMM and Bridging on Aleph Zero

With the Common AMM rollout, Common takes the first step on a journey to becoming a multi-chain DeFi suite designed to optimize the trading experience by addressing trading efficiency, enhancing on-chain confidentiality, and boosting liquidity–all while ensuring users retain full custody over their assets. Rooted in research developed by Cardinal Cryptography and Nethermind, Common will transcend traditional trading platforms by integrating a comprehensive all-in-one app experience. This will include a built-in wallet, seamless on- and off-ramps, and IBAN account integrations, setting a new standard in user convenience and financial integration. 

Launched on Aleph Zero, Common AMM embodies the network’s commitment to on-chain privacy, robust security, and high performance within a user-friendly framework. 

Key Features of Common AMM Now Live:

• Liquidity Pools and Farming: Allows users to provide liquidity and to potentially earn through farming, starting May 21st.
• Bridging: Common AMM includes a built-in bridge between Aleph Zero and Ethereum called MOST, which allows users to seamlessly move assets between the different networks.
• Swapping Mechanism: Enables straightforward token exchanges, to be enabled on May 23rd, after a liquidity building period.

Looking forward, Common is set to expand into a full-scale DeFi suite, as detailed in the Common Whitepaper. Future upgrades will include a privacy-enhanced order book, comprehensive solutions for institutional trading, as well as support for EVM-based blockchains. These features are built on Aleph Zero’s commitment to data confidentiality and regulatory compliance, addressing the needs of an evolving DeFi environment. 

Common Drops: A New Reward Initiative

Concurrent with the launch, the Common Drops campaign will reward the community’s engagement. These tokens, initially non-transferable, will later be redeemed for CMN, the platform’s native token, after it goes live. Users can participate in Drops by staking AZERO and providing liquidity in Common AMM. 

For more information, users can refer to the latest blog post. 

Navigating Regulatory Challenges with Privacy-Focused Solutions

As regulatory landscapes evolve, Common offers a robust platform that aims to seamlessly blend stringent compliance with financial privacy. 

Uses can experience seamless trading on Common AMM today and follow the development of the Common platform as it evolves to become the ultimate privacy DeFi suite. 

For more information about Common, users can visit https://common.fi/ and read the Common Whitepaper. Users can already try the app on the Aleph Zero Mainnet.

About Aleph Zero

Aleph Zero is a layer 1 blockchain engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via Zero Knowledge Proofs. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero programs.

For more information, users can visit https://alephzero.org/ 

For media inquiry

Josh Adams, josh@serotonin.co 

Contact

PR Manager
Josh Adams
Cardinal Cryptography
josh@serotonin.co

Grand Cayman, Cayman Islands, May 21st, 2024, Chainwire

Set to hit Mainnet this summer, Sui’s new Mysticeti protocol cuts consensus latency down to 390 ms.

Sui, the pioneering Layer 1 blockchain that offers industry-leading performance and infinite horizontal scaling, today announced the successful deployment of Mysticeti, its latest consensus protocol, on Sui Testnet. This significant breakthrough reduces consensus time on Sui’s public Testnet by 80 percent at 390 milliseconds while maintaining the protocol’s industry-leading throughput. This impressive demonstration confirms that Sui is the fastest consensus layer in the industry.

Developed from deep research into Byzantine fault tolerance (BFT) consensus mechanisms, Mysticeti represents a significant advancement from Narwhal-Bullshark, the consensus algorithms Sui launched into its Mainnet a year ago, achieving unprecedented transaction speeds and reducing CPU requirements for validators. This enhancement extends Sui’s impressive low latency performance to all transaction types across the network.

Sui’s uniquely object-oriented architecture enables the network to process transactions differently based on the characteristics of the transaction and the objects involved. On Sui, transactions involving only “owned objects”, such as peer-to-peer transfers, do not require consensus. Instead, they follow a fast-path execution that can be completed in a shorter time. In contrast, transactions involving the same shared object, for example, transactions involving marketplaces, auctions or collaborative game assets, do require consensus. In the past, that meant more processing latencies. Mysticeti changes that, by processing shared object transactions using an optimized version of BFT consensus. The Mysticeti design involves minimal cross-validator communication and fully takes advantage of network bandwidth in order to maintain high throughput.

“Mysticeti represents a major leap forward, not just for Sui but for blockchain technology as a whole,” said George Danezis, Co-founder and Chief Scientist of Mysten Labs which originated the Sui Network and pioneer of global research on BFT consensus. “It reduces consensus latency to what we understand to be its lower limits while retaining the benefits of high capacity and low computation cost. It also allows transaction processing faster than consensus within the same protocol, a feature unique to Sui. Mysticeti is yet another instance of Sui pushing the boundaries of what blockchain technology can achieve.”

Results on Testnet have been remarkable, demonstrating the capability to commit transactions with an 80% reduction in latency compared to Narwhal. The enhancement implemented by Mysticeti significantly decreases complexity and optimizes resource use, allowing the Sui network to handle tens of thousands of transactions per second with latencies well below one second.

These advancements are critical as Sui continues to cement its position at the pinnacle of blockchain speed and scale, and provide a seamless experience for developers and users at scale. 

“Mysticeti’s launch is the result of a successful collaboration between research, engineering, and our validator community,” said Dmitri Perelman, Head of Engineering at Mysten Labs. “The lessons we learned from building and tuning previous-generation consensus in production provided the context and inspiration for the researchers to come up with the new protocol. After the first Mysticeti prototype demonstrated undeniable performance superiority, the engineering team was fully onboard and the next-gen consensus implementation is being rolled out to Mainnet with the support of validators in a matter of months.”

Kevin Nelson, Co-Founder of Aftermath Finance said, “With Mysticeti, Mysten has proven that the DAG-based structure can surpass state-of-the-art performance in both consensus throughput and, importantly, latency. At Aftermath, we are excited to see Mysticeti roll out on testnet and even more excited for when it will touch the hands of our users with its release on Mainnet. Moreover, we are looking forward to taking advantage of Mysticeti’s new design to provide a better end-to-end experience on Aftermath.”

Greg Siourounis, Sui Foundation Managing Director added, “Low latency and fast transaction speeds have always been fundamental to Sui’s value as a top choice for builders, and with Mysticeti, the developer experience gets even better. This breakthrough once again showcases an ongoing and relentless focus on innovation, unlocking new possibilities for the types and quality of decentralized applications that can be built on Sui.”

The key innovations of Mysticeti are detailed in the newly published paper, “Mysticeti: Low-Latency DAG Consensus with Fast Commit Path,” which shows the scalability of this new technology and is available for review.

Contact

Sui Foundation
media@sui.io