The benefits of Plasma Technology on Digitex Futures Exchange
Digitex Futures is a zero fee exchange platform for Bitcoin Futures traders. Digitex is fueled by a native ERC-20 token called DGTX; this makes it an Ethereum based project.
Being an Ethereum based project Digitex is also faced with the scalability problem faced by projects built on the Ethereum blockchain. However, Digitex has taken right step in the direction of implementing the number one scalability solution for the Ethereum blockchain which is the Plasma Technology.
With Plasma Technology, Digitex can now process up to 25,000 transactions every second. This would mean low latency and maximum transaction speed. This makes the Hybrid Model already being implemented by Digitex even more skewed towards decentralization. Since Digitex only used centralized servers to reduce latency and provide liquidity in the market. With Plasma Technology in place, Digitex can now trust their decentralized model to deliver a greater speed compared to what any centralized server can deliver.
To know more about how Plasma Technology works, kindly refer to the video embedded below;
This will be a game changer for all Bitcoin Futures traders once it finally comes live. Digitex will be launching before the end of this year so you can still join their waiting list today to get enjoy some early bird benefits.
