dYdX Chain to Roll Out Major Upgrade This Fall

dYdX Chain to Roll Out Major Upgrade This Fall

dYdX Chain to Undergo Major Upgrade Coming Fall dYdX (DYDX), a decentralized cryptocurrency exchange platform, has announced via its official blog that it plans to conduct a major upgrade to its self-developed application chain, dYdX Chain, this coming fall. Through this upgrade, features that have not been seen in existing decentralized exchanges, such as an uncensorable marketplace, mega vaults, affiliate programs, and permissioned keys, will be introduced. The specific date of the upgrade is expected to be announced at a later time. The upgrade is expected to bring several benefits to the dYdX platform, including: Increased scalability: The upgrade will increase the throughput of the dYdX Chain, allowing it to handle more transactions per second. This will help to reduce congestion on the network and improve the overall user experience. Enhanced security: The upgrade will also include a number of security enhancements, such as support for hardware security modules (HSMs). This will help to protect user funds and assets from theft and fraud. * New features: The upgrade will introduce a number of new features to the dYdX platform, such as an uncensorable marketplace, mega vaults, affiliate programs, and permissioned keys. These features will give users more control over their trading experience and allow them to access a wider range of services. The upgrade to the dYdX Chain is a significant event for the platform and the wider DeFi ecosystem. It will bring a number of benefits to users, including increased scalability, enhanced security, and new features. The upgrade is expected to be completed this coming fall, and the specific date will be announced at a later time.