- Sam Bankman-Fried, CEO of the FTX exchange tweets about how the FTX exchange has evolved.
- Bankman speaks about various improvements that they will be rolling out soon.
- He also hinted at the release of FTX V2 in November.
In a series of tweets, Sam Bankman-Fried, CEO of the FTX exchange, talks about how the FTX exchange has evolved. He mentioned that over the span of the next few months, the exchange will be bringing a lot of improvements to the FTX matching engine. Moreover, he in fact stated that they have started working on it.
2) Over the next month, we'll be rolling out a bunch of improvements to FTX's matching engine.In fact we've already started.— SBF (@SBF_FTX) October 10, 2022
Bankman stated that they will be rolling out a whole new order matcher. It will be accompanied by a slew of new features, including lower latency API pathways. In addition, he stated that the features have been in the works for the whole year and are set to be released.
Furthermore, he anticipates double the order throughput and half the order latency after the release of the features. Apparently, most of the features are likely to be rolled out on November 1, 2022.
Notably, FTX V2 will be live by the time the features are rolled out on the exchange.
Bankman-Fried also showed his gratitude to all the developers who worked sleeplessly to make it happen.
FTX has been one of the sturdy firms during the crypto market that shook the industry. During the time when several firms closed down and went bankrupt, FTX was still on a hiring spree. Bankman-Fried who has been aiding troubled crypto firms has recently acquired Voyager Digital’s assets.
In addition to that, Bankman was also planning to raise $1 billion to help the exchange with its acquisitions. The troubled market conditions have forced several firms to restructure their finances and the whole system. However, Bankman has been sailing the tough waves seamlessly.
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