Cryptocurrency

Introducing a Revolutionary Decentralized Exchange on Advanced Open-source Blockchain Technology.

Revolutionizing the Decentralized Exchange Landscape

Exciting Times Ahead in Luzern, Switzerland

Plasma Next Enhancing DEX Experience

When it comes to trading, efficiency is key. That’s why building on Plasma Next is set to revolutionize the decentralized exchange (DEX) landscape. This move will bring the convenience of centralized exchanges (CEX) to DEX, offering low fees, minimal slippage, and reduced waiting periods.

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IdeaSoft and INTMAX Join Forces

INTMAX, the brains behind the open-source scalability solution Plasma Next, is teaming up with IdeaSoft, a member of the esteemed Sigma Software Group. IdeaSoft specializes in developing fintech blockchain applications and is now working on creating a perpetual DEX on Plasma Next. This strategic collaboration signifies a significant advancement in the Plasma Next ecosystem.

Introducing JIBx, the Perpetual DEX

The upcoming decentralized exchange, JIBx, powered by Plasma Next, promises zero transaction fees, restaking options, leverages up to 250X, and features an on-chain matching engine with off-chain settlement capabilities. Users can expect the lowest transaction costs, high performance, and programmability while maintaining Ethereum’s security and stability.

Plasma Next: Revolutionizing Blockchain Scalability

Plasma Next, the advanced version of Plasma conceptualized by Joseph Poon and Vitalik Buterin, addresses the challenges of fund exit with zero-knowledge proofs. By ensuring constant state growth per block and eliminating the need for individual liquidity preparations, Plasma Next offers a practical solution to achieve statelessness in blockchain systems.

Empowering the Ethereum Developer Community

INTMAX Plasma Next has partnered with ETH Samba to empower Brazil’s Ethereum developer community. The collaboration resulted in nanoMoney.js, a JS library that rewards website users for engagement actions. This initiative showcases Plasma Next’s ability to facilitate micro- and nano-transactions at scale, making Ethereum more accessible.

A Bright Future with JIBx

JIBx, leveraging Plasma Next, promises unmatched privacy, low trading fees, security, and scalability. Featuring a perpetual on-chain limit order book, this DEX sets new standards in DEX technology with near-zero transaction fees and innovative features like efficient funding rates and stablecoin staking pools.

The Pioneering Duo

Andrey Lazorenko, Co-founder and CEO of IdeaSoft, expresses excitement about collaborating with INTMAX Plasma Next, highlighting the potential for innovative projects. Meanwhile, Leona Hioki, Co-founder of INTMAX, commends IdeaSoft’s expertise in financial trading, expressing confidence in the exceptional quality of the upcoming product.

For more information, visit:

Website | X | GitHub | Docs

Contact Sergei Medvedev [email protected]

This article was originally published on Chainwire

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