Web3 Payments Scale While Established Exchanges Bolster Confidence
Web3 Payments Scale While Established Exchanges Bolster Confidence
The crypto ecosystem is seeing dual progress: new Web3 infrastructure and robust exchange services. Pi Squared launched its Devnet 2.0 for the FastSet protocol, targeting 1 million transactions per second (TPS) by 2026 for 'internet-speed payments' and introducing new DeFi applications like Omniset and OmniSwap for enhanced cross-chain liquidity. Concurrently, BTCC, a crypto exchange operating for over a decade, emphasizes its reliability with $4.6 billion in daily trading volume and regular Proof-of-Reserves audits. BTCC offers a comprehensive trading environment including spot, futures, and copy trading for major cryptocurrencies such as Bitcoin, Ethereum, and Solana, along with educational resources and significant USDT-denominated welcome bonuses, reinforcing trust and innovation in the market.
Web3 Payments Scale with Pi Squared's FastSet Devnet 2.0
The Web3 ecosystem is witnessing significant advancements in payment infrastructure with the launch of Pi Squared’s Devnet 2.0. This upgrade is designed to bring “internet-speed payments” to Web3, pushing towards a remarkable goal of 1 million transactions per second (TPS) by 2026. Pi Squared, the project behind the FastSet protocol, is constructing an infinitely scalable, decentralized payments network focused on delivering uncapped throughput, rapid finality, and real-time verifiability. The protocol currently achieves 150,000 TPS with sub-100ms finality, aiming to revolutionize global payments and financial systems at scale.
Devnet 2.0 serves as a crucial testing ground for developers, offering an enriched ecosystem with new applications and improved infrastructure. Notably, two Decentralized Finance (DeFi) applications, Omniset and OmniSwap, are slated to debut soon. Omniset is envisioned as a universal liquidity and settlement layer, designed to consolidate fragmented liquidity across various blockchains without relying on traditional bridges. Built atop Omniset, OmniSwap will aggregate decentralized exchanges (DEXs) to discover optimal swap rates and execute cross-chain trades with verifiable proofs, ensuring trustless and lightning-fast transactions.
BTCC: A Decade of Reliable Crypto Exchange Services
In parallel with these technological leaps, established platforms continue to bolster market confidence. BTCC, one of the world’s oldest crypto exchanges, celebrates over a decade of continuous operation, navigating through multiple market cycles with unwavering reliability. Boasting an impressive $4.6 billion in daily trading volume, BTCC reinforces its commitment to transparency and security through regular, verified Proof-of-Reserves (PoR) audits, ensuring all customer assets are fully backed and over-collateralized. The exchange employs multi-layered security measures, including rigorous KYC/AML compliance, address whitelisting, two-factor authentication (2FA), and cold storage custody for the majority of assets.
BTCC offers a comprehensive trading ecosystem catering to diverse user needs. This includes robust spot markets for major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), alongside perpetual futures with flexible leverage, and innovative copy trading features that allow users to mirror top-performing traders. Beginners can utilize a risk-free demo mode with a 100K USDT fund, while advanced users can leverage API integrations. Beyond trading, BTCC provides extensive educational resources through its Academy and incentivizes new members with substantial welcome rewards, including up to 10,055 USDT in bonuses and trading credits, underscoring its role as a trusted and innovative platform in the global crypto landscape.