23 Apr 2018 at 07:20 PM (UTC)
Bitfinex is pleased to officially present itself as an EOS Block Producer Candidate.
Founded in 2012, Bitfinex is a digital asset trading platform offering state-of-the-art services for digital currency traders and liquidity providers. Since our inception, our focus has been on identifying and advancing the capabilities of protocol-level technologies that meet the demands of a high-volume blockchain-based trading platform, both legal and technical, and we believe we can contribute significant value to the EOSIO community through leveraging this.
The Bitfinex team is composed of 100+ industry experts, including a highly-versatile development team, technical support agents, legal experts and passionate industry advocates. Our underlying goal is to grow the open-source nature of the decentralised digital asset space, achieved through intensive community development, research and collaboration.
Our vision as a block producer is that of a collaborative incubator, combining the potential of EOSIO with our experience to take EOSIO research, development and adoption to another level. Our team has gained invaluable industry experience along the way, and we aim to make use of this to enrich the teams around us – sharing information and providing guidance whenever possible.
Collaboration will be vital for the success of EOSIO and we look forward doing our part to advance the EOSIO community.
Technical Specifications & Expenditure
To proceed, Bitfinex will make use of 2 servers (1 for backup) with the following specifications:
- HP DL360 Gen 10 server.
- x CPU Intel 8180M x 2 processor 28 cores and 56 threads per CPU (total 56 Cores and 112 threads)
- x Memory 1.5tb DDR4-2666mhz
- x Disc 8 x 800GB SAS 12GB in Raid 6 configuration
- x Dual power supply 800 watt
- x 10GB/25GB PCI fibre network card
- x 24-7/4hr HP 365 Care Pack (for 3 years)
Our Cabinets are video and movement surveilled 24/7 with military grade access to the datacenter. We estimate that each server will cost 45k USD for the hardware + 1.5k USD/month for cabinet and bandwidth. We will be able to add as many servers as required, adding flexibility whilst allowing us to scale in line with that of the EOS ecosystem.
Community Benefit Outline
EOSfinex is a high-performance decentralised exchange platform built on EOSIO technology. EOSfinex will combine the scalability and potential of EOSIO with the financial/development expertise of the Bitfinex development team to deliver a highly-scalable, on-chain trading platform. EOSfinex has been designed with speed, transparency and scalability in mind and will be the first trustless exchange to be deployed on EOSIO. In addition to the development of a trustless exchange, we will also lead the development of a secure and intuitive EOS wallet.
SunBeam – an experimental Node.js library
Bitfinex is currently finalising ‘SunBeam’ – an experimental Node.js library that allows for interaction with standard and custom EOS exchange contracts. Through offering basic order book and buy/sell functionality, SunBeam acts as the foundational library required for decentralised exchange on EOS. SunBeam will be entirely open-sourced and available to the EOSIO developer community, with the first release scheduled for mid-May.
Hackathons & Developer Meetups
‘Bitfinex are excited to host a series of hackathons, developer meetups and open-source conventions to foster collaboration, innovation and research within EOS. We will be casting our focus on the practical development of EOSIO to facilitate and accelerate concrete adoption of EOS technology, on a global scale.
We will we conducting a series of online/offline workshops to facilitate the adoption of EOSIO technology and development of a passionate EOSIO dev community. This includes educational materials, webinars, lectures, interactive development lessons and Q&As with key developers and thought-leaders.
Bitfinex will pioneer open-source development of EOSIO technology with a focus on technical infrastructure, network security, scalability and decentralised governance.
Bitfinex will take on the role of incubator to fund, nurture and advise teams that are serious about the future of EOS and whose vision aligns with that of the greater community. Our primary goal here is to share from our legal and technical experience, accrued from years of pushing the boundaries of the digital asset space.
Telegram name: prdn0
Node name: ‘Frog’
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