Decentralized and open source dYdX, which takes previous versions a step further dYdXIntroduced the v4 protocol.
Crypto projects continue to announce their new developments, keeping pace with the increasing crypto adoption. Many crypto projects are focused specifically on ecosystem and community development.
Decentralized crypto enterprise dYdXis an advanced protocol that will consist of three main components. dYdX v4 He suggested. This protocol makes previous versions more efficient and useful.
dYdX on Stage with dYdX v4!
Decentralized crypto project dYdXintroduced its new protocol dYdX v4.
with an open source code of dYdX its previous versions operated with smart contracts and centralized services hosted in the cloud. With this new protocol, it is planned to break the existing habits.
new protocol dYdX v4 It is designed as a standalone layer-1 blockchain. In this way, dYdX v4 includes an on-chain order book and matching engine.
dYdX Chain, cosmos SDKAnd CometBFT PoS will be shaped by the robustness of the consensus protocol. He stated that the architecture of this new system is still under development and that there may be changes in the details.
dYdX v4 Architecture
Decentralized and open source dYdX, dYdX v4 He stated that the protocol will consist of three main components. These three components stand out as protocol, indexer and interface.
GOwritten in the language dYdX v4 protocol It includes support for two types of nodes, validators and full nodes. Moreover, indexerwith service Web2friendly efficiency is planned.
Wanting to make it easier for users to access the decentralized experience dYdX, new protocol web, iOSAnd Androidoffers an open source interface to its platforms.
