20Exchange protocol creates a platform for cross-chain trading of Bitcoin ordinals

For exchanges and wallets, 20Exchange provides out-of-the-box developer kits (SDKs) and a wide range of interfaces that simplify the integration of trading functions. For users, the protocol aggregates liquidity from the best companies in the industry, providing synchronized searches across the entire on-chain market and delivering the best quotes.

Key features of 20Exchange:

1. Cross-chain aggregation and asset conversion. The protocol gives users access to the liquidity of multiple DeFi platforms in one place. Intelligent algorithms optimize transaction costs and enable seamless asset exchange.
2. Shard-based transaction matching mechanism. Innovative technology significantly increases system performance, reduces latency and failed transactions, and provides a smoother trading experience for participants.
3. Lightning Network transaction channels. The protocol provides instant confirmation of transactions and empowers users to transact with less effort.
4. Decentralized management and stablecoin support. These mechanisms reduce the risks of volatility in transactions.
5. Connection to exchange APIs. The protocol provides a comprehensive and flexible SDK interface that supports fast integration of trading platforms (OKX, Pancake Swap, Uniswap).
6. Convenient storage integration system. 20Exchange offers Google Chrome browser extensions as well as mobile apps integrated with popular crypto wallets. This provides a convenient trading experience for users.

UTXO Technology Solution

20Exchange utilizes Unspent Transaction Output technology on its exchange platform. In simple words, it is the remaining assets on the wallet after each transaction.

1

ByBit

5020 $
bónusz az új felhasználóknak!

9.8

LÁTOGATÁS Olvassa el a kritikát

A ByBit kényelmes és biztonságos feltételeket biztosít a kriptopénz kereskedéshez, alacsony jutalékokat, magas szintű likviditást és modern eszközöket kínál a piacelemzéshez. Támogatja az azonnali és a tőkeáttételes kereskedést, és intuitív felülettel és oktatóanyagokkal segíti a kezdőket és a profi kereskedőket.

2

Binance

Keress 100 $ bónuszt

új felhasználóknak!

9.5

LÁTOGATÁS Olvassa el a kritikát

A legnagyobb kriptotőzsde, ahol gyorsan és biztonságosan elindulhat a kriptovaluták világában. A platform több száz népszerű eszközt, alacsony jutalékokat és fejlett eszközöket kínál a kereskedéshez és befektetéshez. Az egyszerű regisztráció, a tranzakciók nagy sebessége és a pénzeszközök megbízható védelme teszi a Binance-t nagyszerű választássá bármilyen szintű kereskedők számára!

For a better understanding, it is worth considering the principle of UTXO operation by example. We can imagine that an investor has 10 bitcoins in his wallet. The balance can consist of several UTXOs – for example, 3 for 5, 4 and 1 BTC. In such a case, when the user decides to send 8 BTC to another investor, 9 coins are transferred from their wallet and 1 is returned as “change”, creating a new unspent output.

The UTXO system allows tracking every transaction and provides transparency of transactions on the exchange platform.

Unspent outputs are managed using smart contracts. This automates the aggregation of fragmented UTXOs and improves storage efficiency. Supporting technology solves key protocol issues:

• High parallelism and smooth transactions. With UTXO support, 20Exchange is able to efficiently handle a large number of concurrent transactions, maintaining system stability.
• Peer-to-peer transaction security. The protocol provides a high level of transaction security, eliminating the need to trust third parties.
• Data protection. 20Exchange generates new addresses when withdrawing funds, which preserves user privacy and prevents tracing links between transactions.

20Exchange is leading the way in multichain trading

The protocol innovates in crosschain functionality, sharding technology, Lightning Network, decentralized management, API integration and user experience. 20Exchange has made significant progress and has become a leader in the BRC-20 ecosystem. The focus is on optimizing blockchain transactions through continuous improvement of user experience and trade risk mitigation.

The BRC-20 ecosystem has been gaining popularity recently. Opinion leaders should pay more attention to it. To this end, 20Exchange developers plan to continue innovating and improving the platform’s mechanisms to meet the growing needs of BRC-20 asset marketers.