Decentralized trading platform Tinyman introduces version 2.0

Decentralized trading platform Tinyman introduces version 2.0

- New Public Bug Bounty Program Commits Up to 250,000 USD in Rewards for Participants

DUBAI and BOSTON /PRNewswire/ -- Tinyman unveiled version 2.0 of its decentralized trading platform and its new readable, Algorand Virtual Machine (AVM) programming language called 'Tealish' at Decipher 2022, the annual gathering of Algorand builders, founders, investors, and strategists taking place at the Madinat Jumeirah this week in Dubai. Tinyman will also launch a new Public Bug Bounty Program in collaboration with Immunefi, and is committing up to 250,000 USD in rewards to participants through the generous support of the Algorand Foundation.

The next-generation protocol features open-source smart contracts and was written entirely using 'Tealish,' which enables writing TEAL in a readable format. The smart contracts in version 2.0 are open-sourced for public feedback, so the Algorand community and its ecosystem of developers can review and integrate the contracts prior to official launch. A period of around two months will be allocated for feedback and public review before Tinyman v2.0 launches on mainnet, expected in January 2023. V2.0 performance improvements include removing unnecessary app opt-ins and minimizing friction in the user experience. It also brings with it new features, such as Composable Calls, Flexible Liquidity Management (FLEX),