🚀 Zeta Markets To Launch Solana L2 Project Bullet
#ZetaMarkets #Solana #Layer2 #Bullet #Testnet #Mainnet #ZEX #Rollup #ZKfraudproofs #DApp #CLOB #ZetaX #SOL
According to Foresight News, during the Solana Breakpoint conference, Zeta Markets co-founder Tristan Frizza announced that the company is incubating and developing a Solana Layer 2 project named Bullet. The testnet for Bullet is scheduled to be released in the fourth quarter of 2024, providing early access opportunities for ZEX stakers. The mainnet launch is planned for the first quarter of 2025. Bullet is a Rollup that utilizes Solana Layer 1 as the settlement and data availability layer, employing ZK fraud proofs for verifiable on-chain settlement. The first decentralized application (DApp) within the Bullet ecosystem will be the perpetual central limit order book (CLOB) platform, Zeta X.#ZetaMarkets #Solana #Layer2 #Bullet #Testnet #Mainnet #ZEX #Rollup #ZKfraudproofs #DApp #CLOB #ZetaX #SOL
🚀 Polymarket Plans Major Infrastructure Upgrade to Enhance Platform
#Polymarket #InfrastructureUpgrade #PredictionMarket #Stablecoin #CTFExchangeV2 #CLOB #OnChainTrading #USDC #EIP1271 #CryptoTrading #Blockchain #DeFi #Polygon
Polymarket, an on-chain prediction market platform, has announced a significant infrastructure upgrade set to occur within the next 2-3 weeks. According to ChainCatcher, this upgrade will include a comprehensive overhaul of the trading engine and the introduction of a native stablecoin, Polymarket USD.
The upgrade will feature the new CTF Exchange V2 smart contract system, which aims to optimize matching logic and order structure, improve matching efficiency, and reduce gas costs. Additionally, the platform will enhance its central limit order book (CLOB) by adopting a hybrid model of off-chain order matching and on-chain settlement.
On the asset side, Polymarket will introduce Polymarket USD, a native stablecoin pegged 1:1 to USDC, to replace the previous cross-chain version USDC.e on Polygon. This change is intended to improve asset security and consistency. The platform will also support the EIP-1271 standard, allowing multi-signature wallets, such as Safe, to participate directly in trading, thereby expanding use cases for institutional and advanced users.
Polymarket has stated that existing order books will be cleared during the upgrade, with specific maintenance times to be announced a week in advance. This upgrade comes amid increasing competition in the prediction market sector, as the platform seeks to enhance performance and user experience.#Polymarket #InfrastructureUpgrade #PredictionMarket #Stablecoin #CTFExchangeV2 #CLOB #OnChainTrading #USDC #EIP1271 #CryptoTrading #Blockchain #DeFi #Polygon