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@unknown
Apr 20 • 6 tweets • 2 min read Twitter logo Read on Twitter
Let's Dive into

- A protocol for building the next generation of web3 exchanges A Thread! #CoreDAO #CoreChain Image
1. Overview

#OpenEX is a revolutionary open trading protocol that allows for seamless, unauthorized access to services and fully transparent, verifiable data.

Using L2 acceleration technology, OpenEX offers transaction speeds comparable to centralized exchanges.
2. Benefits

*Complete decentralization and permissionlessness
*High efficiency
*Transparency
*Decentralized governance
*Secure and fair trading environment
3. Technical Details
OpenEX utilizes a decentralized governance model in which all decisions regarding the protocol are made by the community. This is achieved through the use of smart contracts and voting mechanisms on the #Core blockchain network.
4. User System

OpenEX utilizes blockchain wallet addresses as the unique identifier for user identities. All user actions require EIP712-standard message signing and confirmation by the L1 or L2 network to ensure that all user actions are tamper-proof.
5. For more information: mirror.xyz/openexorg.eth/…

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Apr 20
We're thrilled to announce our official partnership with @Coredao_Org. To celebrate, we're launching a FREE mining event on the Satoshi APP. 🎉 Thanks to our amazing community for your active participation. Together, we'll build a unique, open exchange unlike any DEX. 🚀 #OpenEX Image
1/ 🚀 Introducing OpenEX, a groundbreaking open trading protocol built on the Core blockchain! Let's explore its unique features and promising future.
2/ 🔗 Unlike traditional CEXs, OpenEX eliminates the need for a centralized account system. Instead, it uses public-private key pairs from wallets to represent identity and authorize transactions.
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