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 $
신규 사용자를 위한 보너스!

9.8

방문 리뷰 읽기

바이비트는 암호화폐 거래를 위한 편리하고 안전한 조건을 제공하며, 낮은 수수료, 높은 수준의 유동성, 시장 분석을 위한 최신 도구를 제공합니다. 현물 및 레버리지 거래를 지원하며 직관적인 인터페이스와 튜토리얼을 통해 초보자와 전문 트레이더를 돕습니다.

2

바이낸스

100 $ 보너스 획득

신규 사용자를 위해!

9.5

방문 리뷰 읽기

암호화폐 세계에서 빠르고 안전하게 여정을 시작할 수 있는 최대 규모의 암호화폐 거래소입니다. 이 플랫폼은 수백 개의 인기 자산, 낮은 수수료, 거래 및 투자를 위한 고급 도구를 제공합니다. 간편한 등록, 빠른 거래 속도, 안정적인 자금 보호 기능을 갖춘 바이낸스는 모든 수준의 트레이더에게 최고의 선택입니다!

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.