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pinkhairandpokemon · 10 months ago

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[You see a younger Blake walk into what must’ve been their house at the time. Here, they look to be at least eight, nine or possibly ten. School bag on their back, they walk into the kitchen and call out with a smile on their face.

“Charlie! I’m back!”

But then, you see them freeze. Their smile drops. They stare at an empty dog cage on the far side of the dining area. Blinking a few times, they turn to another, taller figure who enters the room. A woman with dark brown hair, tied back with a green bow.

“Hey honey,” their mother greets them. “How was school?” Something about her tone feels a bit off. Casual, but with a hint of tension. Like she’s working her way up to ripping the bandage off of something.

“Mom?” Blake doesn’t register her question. “Where’s Charlie?”

The mother’s face visibly sinks. With a heavy sigh, she sets the coffee mug she’d been holding on the table and avoids their gaze as she walks to the kitchen, likely getting ready to prepare dinner.

“I’m sorry sweetie,” she sighs. “Someone came to take him away.”

She says it so calmly, so nonchalantly, like it’s a minor inconvenience. But you can see it in the way Blake’s eyes shift; their entire world had been shattered.

“You know it was for the best,” their mother continues before they can even ask questions or react in any sort of way. “He just got too rambunctious for us ever since he became a Herdier. He’ll be much happier where he’s going.”

Blake’s mouth just hangs open for a long while. “…Where is he going?”

“A nice organization dedicated to stuff like re-homing Pokémon in need came to pick him up this morning after you went to school. They’re called… the Plasma Foundation, something like that? I’m not quite sure,” she explains as she begins pulling vegetables out of the fridge. “But they seemed like trustworthy folk. They’ll take good care of him, I’m sure.”

Blake falls quiet again. After a long moment, their mother sighs heavier this time and turns to them with an almost frustrated expression, brows furrowed. “We talked about this,” she states firmly. “If his behavior didn’t start to get any better, we’d have to find him a new home. I’m sorry, ______, but it had to be done.”

There’s an obvious overflow of emotion behind Blake’s eyes, but the young not-yet-trainer stays still. You think they’re on the verge of breaking down completely. Of either bursting into tears or screaming furiously. In their situation, being a child, you don’t think you’d blame them for doing so.

But they don’t. Instead, they just nod. They force a smile.

“O-okay.” they mutter, low enough to hide the waver in their voice. “Y-yeah, I-I know. I understand.

Another beat of silence passes. Their mother goes back to preparing the stove, not long before Blake turns to the stairs a few feet away.

“I’m gonna go back to my room for a little while.”

“Okay,” their mother replies without looking up from her current task. “I’ll call you down when dinner’s ready.”

You watch as Blake travels up the steps, turns down a hallway, and enters through a door decorated on the outside with various Unovan Pokémon stickers. Closing it behind them, they stare blankly at a particular corner of their bedroom. A spot where an empty dog bed and a few stray toys currently lie.

They stand there so long you almost think this “memory footage” has frozen. Then, you watch them move over to their bed, walking with legs beginning that are to tremble. They sit down, and they lie sideways on the mattress, resting their head on their pillow.

A few more seconds, and then you see a tear escape through the corner of their eye. And then another. And another. More and more until the side of their face and the bridge of their nose is soaked. Their quiet, choked sobs echo through the dimly lit room.

The video’s end gives you a strong, nearly overwhelming sense of loneliness from the younger Blake.]

#ooc post #(( plasma foundation: earlier version of team plasma #when they were disguised as a normal pkmn advocacy group ))#pokeblogging #pokemon irl #pokeblog rp #pokemon #pokemon oc #pokemon rp #trainer blake #asks #(( also in case it wasn’t clear: this isn’t referring to their Boltund 👀 ))#(( also the blanked out part is where Blake’s deadname would be since this is before they came out ))

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sage-nebula · 8 years ago

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Besides the black and white games which Pokemon games did you find to be the most well written.

HMMMM . . . I’m going to go ahead and rank them by region, with 1 being the best, and 7 being the worst.

Unova

Hoenn

Alola

Sinnoh

Johto / Kalos

Kalos / Johto

Kanto

Hoenn is a bit difficult to rank, because Emerald Version is vastly superior to either Ruby Version or Sapphire Version, which means that Hoenn should technically be broken up to show that Emerald comes before either Ruby or Sapphire. However, both AlphaSapphire and OmegaRuby also have elements---namely the Delta Episode and that amazing gift to the Pokémon games known as Zinnia, but also distinct personalities for the characters of Archie and Maxie---that Emerald didn’t. So in a way, the remakes kind of tie with Emerald, but Emerald is still superior in other respects (e.g. two antagonistic teams, a much better climax, et cetera). It’s kind of like how it’s impossible for me to decide whether Gen VI or Gen VII are better in terms of gameplay. They keep wrestling with each other for top spot because they both have glaring strengths and weaknesses.

With that said, though, although it’s difficult for me to decide whether Emerald or ORAS is my favorite Hoenn game (honestly, they could have solved this problem by giving us DeltaEmerald, but alas), I still think the Hoenn games are the second best written games in the series. Unova is first for obvious reasons. Alola could have been second (or even first!), but the more time I spend away from it, the more the issues become apparent to me, and I’m never going to be over how disgusting Lusamine’s “redemption” was in the end, particularly since it has led to the fandom woobie-fying and excusing her blatant, on-screen abuse of her children, in ways I’m sure they wouldn’t if she was a man. (I mean, the disgusting “alas, poor villain” the game gave her certainly contributes to it, but I’m positive the Unova games could have done the same for Ghetsis and people would still hate him, because female abusers always get less harsh treatment than male abusers do. As someone with a very abusive biological mother, this is the sort of thing that personally upsets me to no end.) Gladion and Lillie both deserved better than what they got, and so while the Alola games do have strengths in the narrative, ultimately the way the Aether Foundation part of the plot was handled drags them down.

I’m personally not a fan of the Sinnoh games, story-wise, but I do think they were still written well, and I think that perhaps my dislike of them stems from my dislike of Sinnoh as a region (and most of the Sinnoh ‘dex due to how many of them are pre-evolutions / new evolutions for existing pokémon). With that said, I haven’t played the Sinnoh games in years, and because I’m me I will buy the remakes when they’re announced (come on, we all know they’re going to be), so it’s possible that improvements will be made and my opinion will change then. Depending on how much I like the story this time around, the Sinnoh story might move up to spot three, particularly considering (again) the glaring flaws and weaknesses in the Alola narrative. Even if I don’t personally feel attachment to Sinnoh’s characters or story, this is a question of what is more well-written, and it’s entirely possible that Sinnoh has a stronger narrative than Alola. We’ll see.

Johto and Kalos are difficult for me to rank because Johto barely has a story (though it still has more of one than Kanto, but that’s not saying much), but the story it does have is good. I’m still salty that they weren’t willing to change enough in HGSS to flesh out the story more. I get why they didn’t---an in-game Game Freak NPC straight up says that they tried to change enough things to keep them fresh, while keeping enough the same to keep fans happy---but it still upsets me, because with the Johto games there is so much potential to make them more than they are, and yet that’s potential that is wasted. Still, what is there is good. All of the characters are likable, there’s good development (Johto Rival has some of the best development), the legends and lore are fascinating, et cetera.

Meanwhile, there’s a lot more to the Kalos games, but even though there’s more, I still dislike it and find it to be a mess. And keep in mind, I played both X and Y; it’s not as if I only played one of them and made a judgment. I played them both. The rivals were aggravating and shallow, Team Flare was written to be a “lighthearted, joke team” according to Game Freak and yet they wanted to commit mass genocide, and the fact that these two ideas---that they’re a comic relief team that wanted to commit genocide---existed in the same game led to not enough gravity being applied to the situation. LIke, for fucksake, in the Unova games all Team Plasma wanted to do was make it so that Ghetsis was the only person in Unova with pokémon, and everyone in the narrative flipped their fucking shit over the idea that they might not be allowed to train pokémon anymore. We had an entire showdown at N’s Castle with all of the Gym Leaders (minus the Striaton Trio) showing up at the end of the first game. Yet in Kalos, Lysandre makes a region-wide broadcast about wanting to commit genocide, and yet the only ones to do anything about it are the player, the rivals, and Sina and Dexio on Sycamore’s orders. And then there’s Sycamore’s speech about how he wanted Lysandre to “set his pride aside” which just . . . it seriously reminded me of Cho saying that Marietta was “a lovely person who made a mistake,” which, okay, that’s fine for Marietta “I Sold Out the DA” Edgecombe, but not so fine for Lysandre, who wanted to commit mass genocide, ugh. (And I’m not bashing Sycamore here so much as I’m criticizing the writing; while I felt angry at Sycamore for phrasing things like that while playing, in retrospect I’m more infuriated at Game Freak for actually writing this.) I felt like the same level of gravitas was given to Lysandre wanting to commit genocide as was given to Team Rocket’s shenanigans in the first two gens. Had the Kalos games been games from an earlier generation, it might have been more excusable; but they followed the Unova games, which were such well-written Pokémon games that really filled the player with a sense of urgency and appropriate drama and determination, and as such they were a complete letdown.

So tl;dr on this: The Kalos games had a more fleshed out plot, and that should theoretically put them above the Johto games, which were pretty bare bones. However, the bare bones we had in the Johto games were better written than the flesh we had in the Kalos games (which were terribly written even though they could have been so much better, as the PokéAni proved by miles, god bless the PokéAni), and as such it’s hard for me to decide where they go.

Finally, the Kanto games barely have a plot (they have the least plot of them all), and what is there is . . . unimpressive, to say the least. I mean, it’s actually a little hilarious to me how Giovanni is taken so seriously in Pokémon fandom, because in all honesty he’s a complete joke. I think part of this is due to the PokéAni; Giovanni is far more powerful, strong, and intimidating in the PokéAni than he ever is in the games, and Team Rocket’s influence is far more wide-reaching as well. The TRio aside, the rest of Rocket’s agents and executives and scientists are actually frightening in the anime. But in the games? Giovanni loses a couple of battles to a child and then tries to disband his entire organization. They reform without him and he’s about to go help, but then he loses another battle and leaves once more to go continue sulking. It’s pathetic. Team Rocket may be my favorite villainous organization in Pokémon (could have been the Aether Foundation, but Game Freak fucked that one up), but the game!Giovanni is pathetic, and since the Kanto games don’t have a plot beyond “be the very best like no one ever was and I guess beat up Team Rocket sometimes,” they’re at the bottom of the pile as far as narrative quality goes.

#decadeoldtiger

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coin-river-blog · 6 years ago

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February 21, 2019 7:42 PM

The Ethereum Foundation announces the next wave of grant recipients, prediction market platform Helena goes live on Ethereum, and Huobi Global supports the upcoming Constantinople hard fork.

Your daily distillation of crypto news for Thursday, February 21, 2019:

ETH Grants, Wave 5

The Ethereum Foundation today announced its fifth wave of grant recipients, marking the foundation's first distribution of grants for 2019. Although the Grants Program has expanded to include security, usability, privacy, and education, the most recent wave returns to the program's core focus on scalability efforts.

Seven projects were awarded grants, from LeapDAO's work on "Plasma Leap," which is a More Viable Plasma model, to the Görli testnet, which launched at GörliCon at the end of January and has been previously funded by the ETC Cooperative. However, the foundation is "open to any grant proposal which addresses urgent, important and unique improvements which further the Ethereum vision."

Further, the announcement of grant recipients does not include the amounts awarded to each project, nor does it feature a wishlist for efforts the foundation hopes to see. Justifying this change, the foundation said it does "not want applicants to be prejudiced by previous wishlists and award amounts."

Meet Helena

ConsenSys-incubated prediction market platform Helena recently went live on Ethereum. Users can earn bounties based on certain events in the crypto industry, ranging from when the Constantinople hard fork will occur (at block number 7,280,000?) to what the total capacity of the Bitcoin Lightning Network will be toward the end of February. Bounties are distributed at the end of each month.

Helena joins crypto-focused prediction market platforms such as Augur and Stox. However, much like another project, Gnosis, Helena is part of ConsenSys Labs, ConsenSys' investment and accelerator arm.

Huobi Global for Constantinople

The team at digital asset exchange Huobi Global tweeted earlier today that it will support the Constantinople (including Petersburg) hard fork. The exchange will also help its users "resolve any technical issues" that arise as a result of the transition.

Some individuals took to reddit to discuss the announcement. One redditor said, "Of course [Huobi] will. This isn't a contentious fork." However, others chimed in, saying that more signaling in general was good.

Dani is a full-time writer for ETHNews. He received his bachelor's degree in English writing from the University of Nevada, Reno, where he also studied journalism and queer theory. In his free time, he writes poetry, plays the piano, and fangirls over fictional characters. He lives with his partner, three dogs, and two cats in the middle of nowhere, Nevada.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest Ethereum Foundation, Ethereum or other Ethereum technology news.

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mccartneynathxzw83 · 6 years ago

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Ethereum’s Year In Review: One To Forget

Sitting at this stage a full year ago, with the cryptocurrency market almost too bullish for its own good, many had started predicting a path to greatness for not only the likes of Bitcoin but also the ‘World Computer’ that was to be Ethereum.

The smart contract blockchain, heralded as the future of the technology and the so-called 2.0 version of the distributed ledger technology, was primed to explode and disrupt every sector in our modern world. ICOs were springing up utilising Ethereum to change the world; the possibilities were endless.

Unique Ethereum addresses were also on the up, rapidly growing into 2018 with the increased ICO usage. It seemed that the blockchain had found its killer app in this new type of fundraising and start-up fuelling

But it has not been the year that was promised for Ethereum. Not only has its basis as an ICO driver become a sticky situation due to the increased and stringent regulation, but it has also failed to build and advance as a blockchain in the way many would have hoped. Something as simple as a collector’s game of Crypto Kitties scuppered the entire blockchain and exaggerated the need to scale.

More so, Ethereum was faced with a lot more emerging competition as loads of other blockchains, like NEO, EOS, Qtum, and Cardano started showing their value as an updated version of the ‘World Computer’, offering apps a friendly and more scalable alternative to Ethereum.

So, while Ethereum is decentralised, it still has roots in a few organisations such as the Ethereum Foundation, and even Joseph Lubin’s ConsenSys is an important facet of Ethereum, something that is comparable to its flagship face.

Both the Ethereum Foundation and especially ConsenSys have had years to forget as their lack of advancement has been comparable of Ethereum’s flagging progression.

Backing the wrong builder

A brief history lesson on Ethereum shows just how and why it became the vehicle for ICOs, and why in 2018 it turned out to be a lousy backing as the ICO craze faced its massive hurdles that started infecting Ethereum as its primary blockchain.

Ethereum was intended to be a robust platform that allowed developers to build blockchain applications. Its co-founder, Vitalik Buterin was inspired by some of the shortcomings he faced when trying to develop applications on the Bitcoin blockchain.

He believed that the potential of blockchain technology was not limited to financial applications and quickly set out to create a blockchain that could support more common computations.

Ethereum thus became a platform that could support many different applications, for decentralised applications (dApps). Because of this open and accessible blockchain, many developers jumped aboard and began utilising ICOs to fund their endeavours, offering their native ERC-20 tokens to all comers to raise funds to complete their blockchain projects.

The issue is that ICOs have come under heavy scrutiny with governments and regulators who have gone as far as banning them, to declaring them as securities. So, while Ethereum was riding the wave of increased growth because of ICOs, essentially finding its killer application, the turn around in the ICO market also affected Ethereum’s growth.

Slow to upgrade

Ethereum also suffered from the fame and popularity gained from ICOs and blockchain projects that rushed to use its blockchain. Scaling has been an everlasting problem for blockchains, and for Ethereum, its shortcomings became all to plain.

When CryptoKitties gained popularity at the end of last year, Ethereum felt the full force of a massive load of transactions, and it failed dismally to deal with the overloading. The Ethereum network can only process around 15 transactions per second, and Cryptokitties made it clear that there needed to be some scaling solution or upgrade for Ethereum to take the next step.

There have been suggestions bandied about, such as sharding, state channels and Plasma, but there are also significant upgrades like Constantinople and Casper in the works that are trying to address this in the new year.

The issue is, like with many blockchains, their scaling problems had to come to a head before significant strides were made, and in the case of Ethereum, their lateness to the part is problematic as they have much more scalable alternatives building up in the wings.

The emergence of the competition

Ethereum, with its entry into the market as an alternative blockchain that was intended to help develop more applications, thus spawned the ‘altcoin market’ and a considerable amount of new blockchains were created along with those utilising the Ethereum chain, but it also generated some direct competition.

The likes of NEO, EOS and Cardano are prime examples of alternatives to Ethereum which have tried to build upon the original smart contract platform and improve upon it. So, while Ethereum has mostly stalled in 2018, there has been exponential growth for its alternatives.

EOS, for example, claims to be able to process upwards of 6,000 transactions per second while Cardano, created by a former Ethereum founder Charles Hoskinson, is actively going out to sink Ethereum, dubbing itself as the Ethereum Killer and the third-generation of the blockchain.

NEO, Qtum, Stellar and Tron are others that claim to offer better alternatives to the founding blockchain platform. Tron’s Founder Justin Sun even came out saying he would build a fund to “rescue” Ethereum, as well as EOS developers from “the collapse” of their platforms, in a tweet earlier this month.

The failing face of Ethereum

In a damning article by Jeff Kauflin and Sarah Hansen on Forbes, the failings of Ethereum’s co-founder Joseph Lubin’s ConsenSys are laid bare.

ConsenSys, described by Kauflin and Hansen is: “a holding company he [Lubin] grandiosely describes as a global ‘organism’ to build the applications and infrastructure for a decentralised world. In actuality, it is the first crypto conglomerate, comprising a network of for-profit companies supporting bitcoin’s biggest blockchain rival, Ethereum.”

ConsenSys is now reportedly set to lose over 60 per cent of its staff by “quickly spinning out startups that it previously supported, which will drastically impact its workforce and leave an uncertain fate for one of the blockchain world’s most ambitious and well-funded startups,” the article on The Verge stated.

Of course, ConsenSys does not in any way run or control the Ethereum blockchain, as it is firstly a decentralised entity, and secondly, an entirely different project; more of an incubator. But the problem for Ethereum is that it is a visualisation of what Ethereum should look like if it is successful.

The ‘spokes’ of ConsenSys would be thriving and succeeding should Ethereum be operating perfectly and as expected. Ethereum’s failings this year cannot be solely blamed but had it managed to go on with its expectation and promises from the end of 2017, one would have to imagine ConsenSys going from strength to strength.

Will 2019 be the year?

Like much of the cryptocurrency market, 2018 will be one to forget, and perhaps it is because of the hype and expectation. The end of 2017 made it seem that blockchain and cryptocurrencies were on a rocket ride to full adoption and revolutionising the world. However, it was based primarily on hype and speculation.

When that hype bubble popped, the potential and promise of the likes of Ethereum fell far back, and it was left to languish in a difficult climate. But, there is a lot of evidence that Ethereum still has some punches left in it, perhaps preparing for 2019.

Ethereum will soon be launching the Casper protocol which will turn Ethereum from a more inefficient proof of work algorithm to a proof of stake one. It has always been the intention of Ethereum developers to move onto proof of stake, but they have needed time to address malicious stakes, and with the Casper proof of stake they believe they can do that by punishing malicious attacks.

Furthermore, Ethereum will be forking on the Constantinople protocol in mid-January. Constantinople will encompass five separate Ethereum Improvement Proposals (EIPs) to soften the transition from proof of work to more energy efficient Casper proof of stake consensus algorithm. Once activated, the upgrade is supposed to fundamentally change the Ethereum blockchain, with the synchronous nodes update to the entire system.

One of the Ethereum challengers, Qtum, is keeping an eye on this move by Ethereum as they are also of the opinion that efficient consensus protocols like proof of stake are the way forward.

“Its true Ethereum is struggling at the current moment; however it will be interesting to see Casper’s and Constantinople’s effect on the network. We believe the future of blockchain platforms is in more efficient consensus protocols like proof of stake and robust decentralised governance mechanisms which the Ethereum and Qtum teams are working on, as well as obtaining more use cases. We want to see blockchain technology seamlessly become a part of our daily lives as the internet and smartphones did,” explained Miguel Palencia, the CIO of Qtum.

The future’s still bright

It is easy to write off Ethereum and predict is demise after a tough year, and there has been a lot that has detracted from the potential of the ‘World Computer’. But in saying that, 2018 has not been an easy year for many blockchains and cryptocurrencies.

Instead of being the year of lift-off, 2018 has been a year of discovery and addressing the obvious shortcomings. When everything is going great, it is easy to have..

http://bit.ly/2SoH3Hh

0 notes

teiraymondmccoy78 · 6 years ago

Text

Ethereum’s Year In Review: One To Forget

Both the Ethereum Foundation and especially ConsenSys have had years to forget as their lack of advancement has been comparable of Ethereum’s flagging progression.

Backing the wrong builder

He believed that the potential of blockchain technology was not limited to financial applications and quickly set out to create a blockchain that could support more common computations.

Slow to upgrade

The emergence of the competition

The failing face of Ethereum

In a damning article by Jeff Kauflin and Sarah Hansen on Forbes, the failings of Ethereum’s co-founder Joseph Lubin’s ConsenSys are laid bare.

Will 2019 be the year?

One of the Ethereum challengers, Qtum, is keeping an eye on this move by Ethereum as they are also of the opinion that efficient consensus protocols like proof of stake are the way forward.

The future’s still bright

Instead of being the year of lift-off, 2018 has been a year of discovery and addressing the obvious shortcomings. When everything is going great, it is easy to have..

http://bit.ly/2SoH3Hh

0 notes

hodldrgn-blog · 6 years ago

Photo

New Post has been published on https://cryptomoonity.com/at-the-cutting-edge%e2%80%8a-%e2%80%8adigitex-to-implement-plasma-technology-with-matter-inc/

At the Cutting Edge — Digitex To Implement Plasma Technology with Matter Inc.

Yes, the rumors are true. Digitex Futures has been selected by one of Plasma’s development teams Matter Inc. to be one of their first use cases! This implementation will allow Digitex Futures to be the first hybrid futures exchange using Plasma technology.

Since Adam’s interview with Crypto Playhouse earlier this week, where he let slip that Digitex is partnering with one of Plasma’s development teams, our social channels have been blowing up! Well, we were going to wait a little longer to bring you all up to speed, but it seems that everyone is eager to know all the details! It’s great to see that the Digitex community is as excited over our latest development as we are.

While there will be a handful of other blockchain companies implementing Plasma, Digitex will be the only hybrid cryptocurrency exchange to use this groundbreaking technology. We’ll be making history–and helping Ethereum to make history in the process!

The Matter Inc. team has announced that their company is ready to release one of the first production-ready implementations of Plasma Protocol created in tight contact with the Ethereum Foundation and the BANKEX Foundation.

Alexander Vlasov, Head Researcher at Matter Inc., approached Adam about working with them. Naturally, Adam jumped at the opportunity to be the catalyst company that showcases Plasma technology. In partnership with SmartDec and Matter Inc., we will bring about the Ethereum blockchain’s much-needed solution to their scalability problem with the Digitex Futures exchange version 2 during the second half of 2019.

Why Does Digitex Futures Need Plasma?

Without getting too technical on you, any blockchain business, particularly one planning to manage hundreds of thousands of transactions simultaneously, built on the Ethereum blockchain needs Plasma. If they plan on delivering flawless speed, zero bottlenecks, and real-time trading, the current infrastructure provided by Ethereum will inhibit their growth.

This has never been an issue for Digitex since we have always been working on a hybrid exchange design. We use a centralized server for order matching and to gain the necessary speed for real-time transactions, while using the decentralized aspects of smart contracts that allow us to be a non-custodial exchange. “Non-custodial” is basically a fancy way of saying that we’ll never hold onto your money.

So at this juncture, you may be wondering–if we already have the scalability issue under control and can onboard a colossal amount of users from the get-go, why does Digitex need Plasma?

The Plasma Protocol is going to be a game-changer for the Ethereum blockchain, and our CEO Adam is one of Ethereum’s biggest fans, calling it the missing piece of the internet.

What Is Plasma?

In short, Plasma is a system for opening and maintaining side chains that allows for potentially billions of transactions to happen off-chain and therefore avoids the issues associated with scalability. But it also allows for greater security and decentralized account balances; the key to a non-custodial exchange like Digitex.

Our utility token, DGTX, is required to carry out any function on our platform. All your transactions, gains and losses will be denominated in DGTX.

Being an ERC-223 token, it can be used on a sidechain, which means that we can operate our futures exchange without ever having to hold onto your funds. We can offer traders commission-free trading and full security–they never have to trust us with their tokens.

Non-Custodial Trustless Spot Trading in 2019

If dominating the cryptocurrency futures market wasn’t enough, Digitex will also be using our superior technology, industry-leading partnerships, and highly liquid trading platform to offer non-custodial trustless spot trading in 2019!

Using Plasma technology, we’ll be offering the same type of cryptocurrency trading that’s available on most major exchanges today–but we’ll be doing it better and ensuring that customer funds are 100 percent secure at all times.

Thanks to Plasma technology, we will be one of the very few crypto exchanges that does not hold onto customer funds. And because we understand that not all traders are futures traders and we want to extend commission-free trading to everyone, we’ll be venturing into spot markets in 2019 as well.

How Does it All Work?

We’ll be going into way more detail about Digitex and the Plasma Protocol as we progress, but here’s a quick overview:

We’ll be using smart contracts on the Ethereum network. So, instead of depositing DGTX by sending them to our exchange, traders will keep their tokens in a Plasma sidechain. They can withdraw them from there and challenge an invalid transaction or withdrawal if necessary. Plasma has built-in fraud-proof capabilities and punishes malicious actors.

All of this means that the trader keeps control of his or her DGTX and doesn’t have to trust our exchange. The trader’s profits and losses are updated on the sidechain in real-time which is possible because they’re not hitting the main chain. This saves not only time but also gas costs.

Without getting too deep in the weeds, as we advance with the technology and begin to see it working harmoniously with our exchange, we may also shift from a hybrid exchange to a completely decentralized model.

Plasma has the ability to create matching transactions as well and also check for double-spends…

But, let’s not get too far ahead of ourselves! It’s early days right now. The main advantage and takeaway for users of Digitex is that Plasma will provide us with a robust and fraud-proof technology that they can trust at all times.

A Quick Workflow Example

The Digitex exchange provides the opportunity to trade futures on BTC/USD, ETH/USD, and LTC/USD pairs. Users send their orders to a Block Producer which immediately includes them in the sidechain block.

The matcher keeps track of all order transactions and matches intersecting orders by sending matching transactions to the Block Producer. The Block Producer then includes the corresponding transaction in the block.

All active trades are settled at the end of the trading day. The price is fixed and profits and losses are calculated at this price.

Why Is Plasma So Important to Digitex?

There are a billion reasons why we’re jumping at the chance to be one of Plasma’s first use cases! In fact, just as the Matter team said they couldn’t think of a better company to work with than Digitex, our sentiments are exactly the same.

Our company culture is based on agility, innovation, and a strong dedication to the latest technology. Being at the cutting-edge is a place where Digitex naturally feels comfortable–have you seen Adam on a skateboard?!

We’re also fiercely dedicated to offering the very best solution to our users that technology permits. Not only will we soon have a non-custodial, commission-free, 24/7 futures and spot trading exchange up and running, but we’ll be one of the first companies in the blockchain community to implement Plasma to its technology stack!

We couldn’t be more excited about the Ethereum team placing their confidence and trust in Digitex and that they see the exchange for what it has: the potential to become one of the biggest players in the industry.

With commission-free crypto futures trading, the implementation of non-custodial, trustless spot markets in 2019, and the very latest Plasma technology, we’ll be turning both the futures and the crypto industry on their heads.

At the Cutting Edge — Digitex To Implement Plasma Technology with Matter Inc. was originally published in Digitex Futures on Medium, where people are continuing the conversation by highlighting and responding to this story.

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