Update on Platform 2.0 and the Future Plans of KuCoin / KuCoin平台2.0及未来规划

KuCoin
kucoinexchange
Published in
8 min readSep 10, 2018

Chinese version follows English one (中文版在英文版本之后)

Dear KuCoin Users, I Would Like to Give You an Update on Platform 2.0 and the Future Plans of KuCoin.

Read the original post on Michael’s official LinkedIn profile

Our team has been working hard to provide you with an updated roadmap for the rest of 2018 and the coming year. We have based our new plan on all of the knowledge and feedback that we have received over the past year. Since our last roadmap was created, KuCoin grew rapidly, and we went through a massive expansion. This started in Q3, 2017, and continued with even larger growth through Q1, 2018. Due to some complications related to this rapid growth and some unforeseen circumstances, our old roadmap did not fit with KuCoin’s future developmental plans anymore. Of course, this growth wouldn’t have been possible without you, and I would personally like to thank all of our dedicated users for this.

Now, I would like to provide you with our new targets and future plans. The graphics for the roadmap on the website, and news providing all of the specific details will be published in the coming weeks. However, for the time being, I would like to share our most important priorities for the rest of this year and next year with you.

Platform 2.0

First, I would like to address Platform 2.0. We have decided to extend the release date until the end of Q4, 2018. While we released the front-end design for the homepage in July, the main back-end and trading system are not yet ready to be released to the public.

What started as a set of smaller upgrades to the existing system, ended up resulting in a full redesign of the trading platform. We are using a vast majority of KuCoin’s resources to code and ensure that Platform 2.0 matches our high-performance expectations.

KuCoin 2.0 will be much more than a single exchange — it will be a dynamic, secure and malleable trading platform which will allow us to scale and add quite a diverse set of features.

As I know, many users have asked for stop orders. The new platform will have the following stop orders: FOK (Fill or Kill), IOC (Immediate or Cancel) and GTT (Good till Time). We are also optimizing our matching engine to support as many as 100,000 TPS. Another feature will be a new computation mode for trading fees. With this feature, people will be charged different trading fees based on their trading behaviors.

Another upgrade will be for APIs. There will be a new WebSocket API, including full level 1 market data, level 2 market data and level 3 market data. In addition, real-time market data and balance data streams will be supported, which will help to strengthen the market depth. We will also have a new Rest API, which will be more stable, efficient and secure.

Some other features on the new platform will be that new users can register via their phone number, as opposed to their email address. Also, for security purposes, you will be able to add your phone number to your account. Once added, you will receive an SMS anytime a deposit or withdrawal occurs.

I know many users have also requested that we add a dust collector feature. This feature will be implemented sometime in Q1, 2019.

In addition to all of the new features, once the new platform is live in Q4, 2018, we will start subletting our technology to key partners around the world to expand globally, but in a very localized and targeted method.

The new 2.0 platform is designed so that it can be separated into subnets. These subnets will be localized exchanges that run on our main KuCoin network, but are still independent of it. I believe this will give our exchange a powerful advantage when expanding into new markets since each new exchange can act as a separate entity. This allows these subnets (localized exchanges) to quickly adapt to the rapidly changing legal aspects and jurisdictions of whichever market or country they are targeting and servicing.

Global Communities

The next update is related to our Global Community Programs. I stated in my last article that these were starting to take shape. The first four communities began in July-August. These communities are for Russia, Turkey, Vietnam, and Spanish speaking countries. While the first four are still new, they are starting to grow rapidly. We will continue to build communities for different countries and languages to reach more users, and I want KuCoin to be a global brand that respects and adapts to the individual needs and requirements for each specific user group. By having specific communities for our user base, we hope to attend to the needs of our users in their native language. I feel by doing this; it will bring a sense of familiarity and trust to KuCoin and form a connection to help us better communicate with our user base. This will also help us to create more effective marketing campaigns that are country or language specific, which in turn will help KuCoin to grow. In the future, these communities will have localized exchanges based on Platform 2.0 to serve them better. I plan to have a total of ten global communities up and running by Q2, 2019.

Following the development of the global communities and localized markets based on platform 2.0, we will focus more of our marketing power in these specific regions, as I stated above. We will, of course, continue our global marketing campaigns, but as we expand into more specific countries or areas, they need to be targeted as well. These localized marketing campaigns will not only be in users’ native languages but also target specific advertising platforms popular in these countries. This will ensure that KuCoin is well represented in the real-world events of each individual localized community. These campaigns are already live and running, and we will continue to expand as more communities are launched. All of this is to help KuCoin grow into one of the top exchanges available on the market. KuCoin is “The People’s Exchange,” and we want to do our best to connect with the people.

Key Partnerships and New Programs

Also stated in my last article, was the launch of our new programs and key partnerships. These being the Institutional Investor Program and Global Titan Ambassador Program. As part of my ongoing efforts to establish long-term partnerships and secure the support and investments from international funds and key players in the industry, we will continue the expansion of these programs indefinitely.

I would personally like to encourage any institutional traders to apply for our Institutional Investor Program to receive discounted trading fees and exclusive VIP services. Also, I would also like to inspire any major influencers in the crypto industry or managers of blockchain portfolios to team up with our research and rating departments to help us find more of the crypto-world’s ‘hidden gems’. To do this, please apply for our Global Titan Ambassador Program.

Now, I would like to inform you about our latest key partnership. I have been told that some users noted that KuCoin has accomplished investing in Bitcoin Australia, a leading Australian cryptocurrency exchange. I want to confirm that this is true. This is not only a great strategic decision but will be an excellent long-lasting partnership for us to help cryptocurrency grow globally.

Blockchain Training Center

Another project that we have been working on over the past several months to help us continue to grow was the implementation of our blockchain training center. As I stated at the start of this article, we grew exponentially from Q3, 2017, into Q1, 2018. The reality is the crypto-world is growing faster than we can find skilled employees in this industry. I am sure we are not the only exchange that was experiencing this problem, but we created a solution. We started our first blockchain training center four months ago in the Philippines. We require all new employees for that office to complete the one-month course and pass all tests and quizzes before we employ them. This program has been very successful in helping provide us with knowledgeable staff for our community and social media management. As our community continues to grow, so does our team of skilled, knowledgeable staff.

To date, we have successfully graduated over 40 new employees. We will continue to improve, adapt and expand this program. My aim is to be able to educate over 100 people per month and open more training centers for our other office locations by Q1, 2019. As our global expansion, through localized exchanges and communities, gains momentum I want to be in a position to keep this momentum going and push KuCoin to reach new global heights.

Big Data Platform for Blockchain Projects

Now, I would like to inform you about the Big Data Platform for Blockchain Projects. We have been spending enormous amounts of time and resources on research. I want KuCoin always to remain a step ahead of the competition, when it comes to finding the best blockchain projects available. This is not an easy task, given the vast number of new projects that come to the market every day.

However, we have been developing an automated data gathering system which collects project’s data from the markets in real time, their social media activity, and publications. Not only does it collect this data, but it also analyzes market sentiment around any project that we choose. My future plan is to scale this database to pick up every project in existence, as soon as they publicly announce themselves.

We have been working on this system for over six months now, and it will become fully operational midway through Q4, 2018. Initially, the system will be launched for internal use only, but I plan on opening certain levels of access to key partners, investors and valuable users through API calls and special login hierarchy by the end of Q4, 2019.

With the combination of the data collected by this system and our ever-expanding team of blockchain researchers, we have an amazingly powerful tool that will let KuCoin always remain ahead of the competition in this area. By being able to make quick and accurate decisions that reflect the state of the crypto market in real time, this will allow us to achieve incredible success in this industry. I want to ensure that KuCoin always remains at the forefront of the blockchain research and data mining industry.

Fiat Exchange

Our Fiat Exchange is currently in alpha version. I plan on the official release to the public to occur near the end of Q4, 2018.

KuCoin Blockchain Protocol TestNet

This will be available in 2019. Unfortunately, at this time I cannot give an exact time

KuCoin Social Features

This will be an update added to platform 2.0 in 2019. Once again, I do not have an exact date.

I appreciate you taking the time to review this article. While I know it is not exactly a roadmap, I hope that this clarifies what we have been working on, and where KuCoin is headed in the future. As I stated at the beginning of this article, the roadmap graphics and corresponding news will be published on the website in the coming weeks. Thanks to all of our loyal and faithful users. It is because of you that we are “The People’s Exchange”.

Sincerely,

Michael Gan

KuCoin平台2.0及未来规划

亲爱的KuCoin用户

根据过去一年的用户反馈及收获,KuCoin团队一直在努力进行KuCoin 2018年第4季度及来年发展蓝图的升级。自上一版蓝图发布后,KuCoin在2017年第3季度至2018年第1季度期间发展迅猛、增长迅速。然而,快速的成长并不意味着一帆风顺,一些无法预料的情况和问题使得原版路线图不再适用于KuCoin的未来发展计划。无论如何, KuCoin的成长都离不开你们的陪伴。在此,我想首先向KuCoin的所有用户表示感谢。

我们将在未来几周陆续公布我们的新版蓝图介绍及具体相关情况。现在,我想就我们的新目标和未来规划做个介绍,提前说说KuCoin近期将推出的几件大事。

该文章发布于KuCoin CEO-Michael Gan的领英页面

KuCoin 2.0

首先,我想特别说明一下KuCoin 2.0。今年七月,我们发布了KuCoin主页的前端设计,但主要的后端和交易系统都还没有准备好向公众开放。因此,我们决定将发布日期延至2018年的第4季度。

从现存系统的一系列小规模升级到整个平台的改版, KuCoin将绝大部分资源都投入到了编码当中,以确保KuCoin 2.0能满足我们的高性能需求。

KuCoin2.0将不仅仅是个交易所 — 它将成为一个充满活力、安全可靠、具备高适应性且支持一系列多元化功能的交易平台。

近期,许多用户都在询问有关止损交易一事。我们全新的KuCoin 2.0平台将提供止损交易并提供如下服务:FOK(全部成交否则取消)、IOC(立即成交否则取消指令)和GTT(期限前有效)。我们还对匹配系统进行了优化,现可支持高达100,000个TPS。另外,我们还新增了交易费计算模式,交易费用的收取将依据用户的具体交易情况。

此外,KuCoin 2.0还对API进行了升级,推出了新的WebSocket API(包括1级市场数据、2级市场数据和3级市场数据)。新的平台还将支持实时市场数据和平衡数据流,而这将加强我们的市场深度。在KuCoin 2.0中,我们还新增了一个稳定、安全和高效的Rest API。

KuCoin 2.0还增加了新功能,除邮件注册外,新用户还可进行手机注册。出于安全考虑,现有用户账号可绑定手机,绑定后,用户们将会在充值和提现时收到短信确认。

我知道很多用户都要求我们添加零钱转换KCS功能,这项功能将于2019年第1季度正式执行。

除了这些新功能外,在KuCoin 2.0 按照预定时间投入使用后,我们将通过局部定向的方法把这些技术转包给我们在全球各地的主要合作伙伴,以促进KuCoin的全球化进程。

我们将新的2.0平台设计为可分离式的多子网模式。这些子网为本地化交易所,依附于KuCoin主网,但又可独立运行。这将成为我们交易所的巨大优势,因为每当KuCoin扩展至新市场时,每个新交易所都能够作为单独个体进行独立运营,让这些子网(本地交易所)能够快速适应所驻国或市场管理辖区内的法律法规的变化。

KuCoin全球社区

我们的下一部计划有关全球社群项目。在上一篇文章中,我曾提到这个项目已初具规模。首批的四个社群将于今年7月至8月期间投入使用,为俄语、土耳其语、越南语和西班牙语国家提供社区服务。这四个社群刚刚起步,将快速地成长起来。我们将继续在全球各国创建各语种社群,根据具体需求,为更多用户群提供服务,让KuCoin成长为一个关注用户心声的全球品牌。

全球社群的建立将帮助我们通过语言深入了解用户需求,增强用户对KuCoin的亲近和信任感,提高KuCoin与用户群体的沟通效率,并帮助我们针对各个语言的使用人群和对应国家制定更加有效的市场活动,促进KuCoin快速发展。相信在KuCoin 2.0本地交易所的支持下,我们的社群将能更好的服务我们的用户。预计到2019年的第2季度,我们的全球社群运营数量将达到十个。

随着全球社群和基于KuCoin 2.0的本地化市场的发展,我们的市场部门将重点关注这些特定的区域,继续推进我们的市场活动进程,以扩张至更多国家。我们的本地化市场活动将借助当地语言,瞄准当地热门广告平台,确保KuCoin在当地社群的现实生活中呈现出最好的一面。我们会继续拓展市场活动,让KuCoin成为市场上领先的现存交易所之一。KuCoin是“人民的交易所”,而我们会尽最大努力和人民更好的沟通。

主要合作伙伴和新项目

在上一篇文中,我还提到了我们的新项目和主要合作伙伴,即,KuCoin的机构投资计划全球大使计划。KuCoin一直致力于建立长期的合作关系并为国际基金和行业专家的投资和支持提供保护,我们将会无限期持续扩张这些项目。

欢迎各大机构交易商加入我们的机构投资者计划(申请链接),申请通过即可享受KuCoin的交易费折扣和尊享VIP服务。同时,我门也欢迎数字货币行业中具有影响力的人物和区块链投资组合的管理者们加入我们的全球大使计划(申请链接),和我们的研究评估团队一起挖掘更多隐藏在加密数字货币领域中的“宝石”。

现在,我想谈谈KuCoin近期开展合作。已有用户已经注意到了,KuCoin已经完成了对Bitcoin Australia的投资,这是一家在澳大利亚具有领先地位的数字货币交易所。对于我们而言,这不仅是一个重要的战略决定,我们与Bitcoin Australia的长期合作还将促进KuCoin在数字货币领域的全球化发展。

区块链培训中心

为推进KuCoin的成长,我们在过去的几个月内一直在进行区块链培训中心的建设。在文章的开头我曾经提到过,从2017年的第3季度到2018年的第1季度,KuCoin呈现出了指数级的增长态势。但事实是,加密数字世界发展的速度远超我们寻求行业技术人员的速度。我们不是唯一遇到这个问题的交易所,但我们找到了自己的解决方法。在四个月前,我们在菲律宾建立了首个区块链培训中心。当地办公室的所有新员工都要完成为期一个月的课程,通过所有的测验和考试后才得以雇佣。这个项目非常成功,为我们的社群和社交媒体管理部门提供了具有一定知识水平工作人员。随着我们全球社群的不断发展,我们的专业技术人员团队也在随之壮大。

如今,我们已有40名新员工成功毕业。我们将会继续提高,优化和扩展这个项目。我们的目标是每个月培训超过100名人员,并且在2019年第一季度时开设位于我们其他办公地点的更多的培训中心。随着我们全球发展计划的推进,通过当地化交易所和社群,我希望能够保持不断推进KuCoin达到新的全球化高度。

区块链项目的大数据平台

现在,让我来谈谈有关区块链项目的大数据平台。我们花费了大量的时间和资源进行调研,希望KuCoin总是能够在发现最好的现存区块链项目的竞争之中保持一步领先。这项任务并不简单,因为市场每天都会涌进大量的新项目。

但KuCoin已经开发出了一项自动化数据收集系统,能够从市场上实时收集项目数据(包括其社交媒体活动和发布信息数据)。这项系统除收集数据之外,还能就我们所选择的每个项目具体分析其市场情绪。KuCoin计划希望,在未来,这些项目一旦公开便可以和数据库同步度量,以方便交易所挑选现有项目。

我们对这个系统的研究已超过了六个月,并将于2018年第4季度中期开始运营。KuCoin将首先在公司内部运营该系统,并在2019年第4季度结束后,通过API认购和专用的登陆体系等方式,为核心合作伙伴、投资者和忠实用户们开放一定程度的访问层级。

在将该系统收集到的数据和我们不断发展壮大的区块链研究队伍基础上,我们现在拥有强大的工具能够让KuCoin领先于该领域的竞争。通过实时反应数字货币市场而做出快速且正确的选择,KuCoin将在行业中取得成功。我在此保证,KuCoin将一直占据区块链研究和数据挖掘行业的前端。

法币交易所

我们的法币交易所还处于早期版本,计划将于2018第4季度末发布官方版本。

KuCoin区块链协议测试网络

该协议测试网络将于2019年启动。公司机密,不便透露。

KuCoin社交功能

KuCoin 2.0将于2019年进行更新。公司机密,不便透露。

感谢大家在百忙之中抽出时间来阅读这篇文章。尽管这一蓝图尚不确切,但我希望这篇文章能够帮助大家了解KuCoin正在做什么及KuCoin的未来发展目标。正如本文开头,新版蓝图介绍及具体相关情况将于未来几周在网站上公布。感谢所有信任我们用户,因为你们的存在,我们才成为了 “人民的交易所”。

此致,

Michael Gan

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KuCoin
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KuCoin aims at providing users digital asset transaction and exchange services which are even more safe and convenient, integrating premium assets worldwide.