I have a question admins, is tye tesnet going to

Question

IDEX Official Community Chat (No FUD, English)

I have a question admins, is tye tesnet going to

be with real tokens or tesnet token? I mean is it going to be a sort of mainnet with whitelist access or a testnet with fake tokens?

#cryptocurrency #english #idex

0

06.12.2023

10 ответов

24 просмотра

O

Let me tag @alexwearn and ask for a little help from him on this one, as I’m not entirely sure about it. :)

0

07.12.2023

Alex IDEX

It will be with testnet tokens with incentives/rewards for those who participate. The goal is for market makers and traders to stress test the system but without risking real capital to do so.

0

08.12.2023

AEK 🇹🇷

Alex IDEX
It will be with testnet tokens with incentives/rew...

When

0

08.12.2023

Slevin Автор вопроса

Alex IDEX
It will be with testnet tokens with incentives/rew...

And why is it taking so long for a tesnet without any real risk? Also most of the features you mentioned in the live demo are already live on the main competitor's platform (I've tried it out of curiosity). I know you guys are extremely cautious about security but competitors are building faster with more funding. What is the plan to take some market share if they have so much advantage over you and they have already implemented all the features that you mentioned as exclusive to IDEX?

0

08.12.2023

A K | IDEX

Slevin
And why is it taking so long for a tesnet without ...

Testnet is the final stepping stone before going live on mainnet, shortly after testnet if all goes well, so in that way it makes sense that the product being tested is pretty much a finished product or you are just testing incomplete version of the product.

0

08.12.2023

Alex IDEX

Slevin
And why is it taking so long for a tesnet without ...

Even thought it's a testnet, first impressions really matter. As you said we are trying to pull people away from products that are already in the market, and the way you do that is with a better UX. This includes not only some of the features we highlighted, but also things like performance and reliability for market makers. The better the infrastructure (lower latency, higher throughput, etc.) the tighter that MMs can quote, and the better your liquidity. This is a key piece which we see competitors are missing.

0

12.12.2023

Slevin Автор вопроса

Alex IDEX
Even thought it's a testnet, first impressions rea...

Thanks for answering my questions/critics!

0

12.12.2023

why

Alex IDEX
Even thought it's a testnet, first impressions rea...

And... How far have we come through this now ?

0

13.12.2023

Carlos | IDEX

why
And... How far have we come through this now ?

Revolving only on the testnet, here are the key points I read from the core notes: final modifications are in progress, brainstorming sessions for testnet incentive programs, putting together the comms + marketing promo materials, and design considerations.

0

13.12.2023

Combot · Accepted Answer

Combot

This is not a support room! IDEX staff will never message you asking for your private key or any information. For assistance, please use the live help on the website.

0

06.12.2023

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