ForkDelta acts as an updated interface of EtherDelta's original smart contract which allows the exchange’s clients to trade utilizing EtherDelta's volume. At the time of this writing, there is no further information about the current team behind the project and the managing staff.Īccording to its website, ForkDelta is the platform with “the most ERC20 listings of any exchange.” The trading process on the exchange is p2p and everything is based on smart contracts, hosted on the Ethereum network. However, just 4 months after launching the project, Ivanov fired Dunford from the project. Since ForkDelta was founded, EtherDelta started to lose ground and slowly became inactive.įorkDelta was established by Jonathan Dunford and Arseniy Ivanov. As the community started to lose faith in EtherDelta’s future, they decided to take the matter in their own hands and go for a fork of the network.
However, the ICO was very unsuccessful (reached 3% of its hard cap) due to multiple reasons – the painful effect of the recent hacker attack (many investors thought of the ICO as a new way for the hackers to steal additional funds), community concerns (mostly related to the whitepaper missing key elements that helped explain the new concept and the possible ways going forward for the platform), as well as the fact that the particular time of the year is associated with very low activity. In order to mitigate the damage, they decided to launch an ICO at the end of 2017. According to a comment from the moderator of the EtherDelta Reddit community at the time, the exchange had already been sold to its new Chinese owners. The hackers managed to steal approximately 308 ETH. The platform’s DNS server was compromised and transformed into a phishing site. The main event that helped bring ForkDelta to life was when EtherDelta suffered a major hacker attack in December 2017. The ForkDelta team focused on developing a new token listing system, API, front-end UI, and order book to take on its own path. The reason for that, as pointed on the ForkDelta’s website, was related to the new management’s “questionable decisions” which differed from ForkDelta’s philosophy and future plans.
Founded in January 2018, ForkDelta started as a fork of EtherDelta when it was sold to new owners. ForkDelta is among the most popular decentralized Ethereum Token exchanges worldwide.
0 kommentar(er)
