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Bitfinex | EOS Block Producer Candidate Report by bfx

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· @bfx · (edited)
$9.90
Bitfinex | EOS Block Producer Candidate Report
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 sharing this.

![Screen Shot 2018-04-23 at 16.01.58.png](https://steemitimages.com/DQmNrV39y7GMFhzHZgrtvEYfveG46ZFfEjsiitLZyME3jiX/Screen%20Shot%202018-04-23%20at%2016.01.58.png)

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. 

 

## Company Information
#### Official BP Candidate Name
Bitfinex

#### Company Location
BVI

#### Server Location
Zurich, Switzerland

#### Server Type
Owned servers in an owned rack with around-the-clock, military-grade security 

#### Team

- **Jean-Louis van der Velde** - Chief Executive Officer
Jean-Louis joined Bitfinex as CEO in 2013. A technologist at heart, his focus has been on collaborating with banking, regulatory & law enforcement parties to pioneer innovation within the digital asset space. [LinkedIn](https://www.linkedin.com/in/jlvdv/)

- **Giancarlo Devasini** - Chief Financial Officer
Giancarlo is the serving CFO of Bitfinex. Giancarlo has, since 2012, been instrumental in the development of Bitfinex, establishing banking relationships, attracting key personnel & re-domiciling the exchange. [LinkedIn](https://www.linkedin.com/in/giancarlo-devasini/)

- **Paolo Ardoino** - Chief Technology Officer
Paolo joined Bitfinex early 2015 and now serves as CTO, developing & managing core parts of the Bitfinex backend. Paolo has been building valuable tools & infrastructure for decentralised financial innovation for the past 15 years. [LinkedIn](https://www.linkedin.com/in/paoloardoino/)

- **Claudia Lagorio** - Front End & UI Development 
Claudia joined Bitfinex in 2016 following 8+ years experience in UX/UI design and digital marketing consultation. She now serves as the Lead Front-end Developer for Bitfinex, focusing on pushing the boundaries of innovative trading technologies and user experiences. [LinkedIn](https://www.linkedin.com/in/claudialagorio/)

- **Kasper Rasmussen** - Head of Marketing
Kasper joined Bitfinex in early 2017 as Marketing Lead, with a focus on global community management and the development of proactive and engaged communication strategies. [LinkedIn](https://www.linkedin.com/in/kasperrasmussen-/)
 
 
 
## Technical Specifications & Expenditure

#### Technical Specifications
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. 

#### Scaling
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
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 β€˜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. 

#### Education
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.

#### Open-source Development
Bitfinex will pioneer open-source development of EOSIO technology with a focus on technical infrastructure, network security, scalability and decentralised governance. 

#### EOS Incubator
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. 

 

## Community

**Telegram name:** prdn0
**Node name:** 'Frog'

**Website:** [bitfinex.com/eos](https://www.bitfinex.com/eos)
**Twitter:** [twitter.com/bitfinex](https://www.twitter.com/bitfinex)
**LinkedIn:** [linkedin.com/company/bitfinex-limited](https://www.linkedin.com/company/bitfinex-limited)
**Facebook:** [facebook.com/bitfinex](https://www.facebook.com/bitfinex)
**Telegram:** [bfxtelegram](https://www.t.me/bfxtelegram) & [bfxannouncements](https://www.t.me/bfxannouncements).
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vote details (29)
@cheetah ·
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.bitfinex.com/eos
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@codeninja ·
I personally cannot support Bitfinex as an eos block producer until they publicly perform a full audit of Tether.
πŸ‘  , ,
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@indykpol ·
Tether and Bitfinex are separate entities, only connected via few common people.
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@dailyxkcd ·
Did you just assume my gender?
πŸ‘  
πŸ‘Ž  ,
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@eosargentina ·
Congrats @bfx, glad to have such an important player like Bitfinex onboard.
πŸ‘  
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@eosnation ·
Congrats Bitfinex! Looking forward to see what great accomplishments Bitfinex will bring to the EOS ecosystem.
πŸ‘  ,
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vote details (2)
@introduce.bot ·
$0.03
βœ… @bfx, let me be the first to welcome you to Steemit!  Congratulations on making your first post! **I gave you a $.02 vote!** Would you be so kind as to follow me back in return?
πŸ‘  
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vote details (1)
@jxwonah ·
Welcome bfx :D
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@katiesa · (edited)
$4.55
HELP!!!! 

I am having an issue with Bitfinex and EOS tokens which I bought last year from Bitfinex Exchange. I mistakenly sent all of EOS to EOS ICO address which not in use…..And I am having a hard time to figure out how to locate and collect them and unfortunately it seems like no one knows the procedures or the proper way to do it.

If any of you have same or similar type of issue, then please let’s join together and discuss about it! I tried to contact Bitfinex many times. anyone has same problem as mine, I would appreciate to talk with people who have a similar issue.


 (Block.one)
Apr 26, 15:53 HKT

Hi there,

Thanks for providing me the transaction ID. I have reviewed the transaction and confirmed that the EOS Tokens were sent to the EOS contract address. Unfortunately, due to the irreversible nature of blockchain transactions, there is no function in the EOS smart contract or in the Ethereum Blockchain that allows me to transfer these EOS Tokens. This means that the EOS Tokens cannot be sent back.

The good news is that the ownership of these tokens will be included in the snapshot taken at the end of the distribution in June of this year. That means that the public/private key pair used to send the Tokens 0x1151314c646Ce4E0eFD76d1aF4760aE66a9Fe30F can be used to claim EOS Tokens once a blockchain is launched. However, because the Tokens were sent from an Exchange the address included in the snapshot will belong to the Exchange. Only the owner of the address will be able to access those tokens on any future eosio blockchain that launches. Since this is the case I suggest contacting the Exchange directly to see what support they are able to provide in this case.

I understand that this is not an ideal outcome, but please let me know if there is anything more I can do to help.


Regards,

(bitfinex)

The funds have left our platform and are outside of our control. 

You will need to contact the receiving wallet/service and request their assistance in recovering/returning the funds to a wallet you specify/control. There is nothing more Bitfinex can do. 

Kind regards,

Before taking BP  bitfinex should short out and clear before transaction. This would give you guys more trust. How to trust if there is no correlation and all money goes into your wallet ?
πŸ‘  , ,
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vote details (3)
@akicia · (edited)
Bitfinex, with your high qualifications and technical specifications stated above, you should be able to resolve Katie's problem. Unless we see your initiative effort on customer service and problem-solving how can we consider you to become a successful EOS BP? Please prove yourself then your customers will vote for you.
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@akicia · (edited)
Hi Bitfinex, 
I heard that there is some progress on Katie's case. Thank you for the prompt action, we are very glad that you guys are trying to resolve the issue. Please consider this case as one of your high priorities.
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@katiesa ·
Thank you for your interest and support.
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@bfx · (edited)
$4.06
Hi Katiesa, 

Thank you for reaching out and I'm very sorry for the experience you've had. 

I notice there is no support ticket ID in your post. Please send a **support ticket ID** my way and I will make sure your issue is resolved immediately. 

Thank you very much, and apologies once again.

-Kethfinex
πŸ‘  ,
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vote details (2)
@indend007 ·
@bfx Thank you for your trustful reply. I will share @bfx's thoughtful response to the EOS Korean community KOREOS.IO, and I'm sure it will make a very positive reputation about bitfinex and your BP election. On behalf of the Korean EOS community, I would like to thank you.

Best regards -
πŸ‘  
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vote details (1)
@katiesa ·
Thank you so much for reaching me and my problems 
My ticket number is {#119130}  I would like to know what should I do further and how long do I have to wait? I heartily thank you once again
Regards
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@blessedlife2020 ·
I think Bitfinex should solve this issue ASAP if Bitfinex wants to be a EOS BP!.   Bithumb the Korean exchange is now solving same issue with their customer. I think Bitfinex should do the same thing for their royal custumer.
πŸ‘  
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vote details (1)
@blessedlife2020 ·
I just came back to check if this issue has been resolved since then.
As a EOS holder and customer of Bitfinex, I like to see that  Katie get her token back with no problem. Please try to resolve this issue ASAP on be half of our EOS holders!!!
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@eurio ·
@bfx @katiesa Dear @bfx! Listen and Solve this Eoser's problem, pls. I trust you have enough capability.  If you would not make an effort about this, I DO NOT VOTE FOR YOU.
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@indend007 · (edited)
$1.14
@efx This is Devin Lee an admin of KOREOS.IO the Korean EOS community.  

There are some peoples like @katiesa who have trouble with bitfinex. BLOCK.ONE have noticed you Bitfinex will have genesis snapshots from  customers deposit like @katiesa, and it is obviously wrong. And Bithumb the Korean exchange is now solving same issue with their customer. 

If you are going to run for EOS BP, I hope you can solve these customer's problem. 
Please act wisely for the EOS ecosystem.

Regards - Devin Lee
πŸ‘  , ,
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vote details (3)
@katiesa ·
Thank you for your valuable feedback
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@kangkoo123 ·
$4.52
@bfx There are many EOS users having similar problems at different exchanges. Some of exchanges responded that they will register and claim those tokens mistakenly sent from exchange accounts. As a market leader, I hope Bitfinex take same initiative giving values back to own customers by solving this problems.
πŸ‘  
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vote details (1)
@katiesa ·
Hi Esteemers 
I am really happy to share my happiness. Even though Bitfinex took quite long to resolve my issue today my account has been created. My hard work investment has returned to me. This special credit goes to Mr Paolo from Bitfinex, all this was possible because of him and all of you well wishers. 
For a while I was confused if Bitfinex was going to dismiss my money which I had save for my future. 
Bitfinex is big company everyone if you have problem they may take long time but don’t worry you are safe. I myself an example for that.
Mr Paolo from Bitfinex No words will be enough to appreciate you. Sometimes I was angry and frustrated but you handled so calm manner. I learn a lot from you. Thank you so much.
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@love4river ·
I do not understand bfx's response.
Try to solve it first.
And I think bfx should give katiesa an answer.
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@rtytf ·
I am very sure there is a way for @katiesa to get her EOS tokens back.. but the ignorance is the problem.
Bitfinex is the one who should resolve this matter and return Katie's EOS tokens to her ASAP!
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@kdk927 ·
I am the one from Bissum sent to Ios Ico address.
 Bissum is cooperating to help us get Ios back.
 Don't let every customer lose money by paying attention to the comb wave.
 That is the only way to improve our perception in Korea.
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@katiesa · (edited)
Thank you for sharing your experience.
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@shmee ·
If we do not guarantee safety to our members, who can trust and trade?
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@steemitboard ·
Congratulations @bfx! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

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properties (22)
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@todor ·
Hi,

A couple of questions:
- Do you reserve this hardware for producing on the main EOS chain only?
- Do you plan on voting for yourself using the EOS acquired by Bitfinex, and if you do, are you planning on voting for other block producers as well, or will it be just for yourself?
- Will EOS deposited to EOSFinex be ever staked for any purpose, including voting? If not, are there any technical guarantees that you can provide that this won't happen?

P.S. These questions are not intended to imply anything. Answers could go either way and still be acceptable, but I do believe that answers should be given in the spirit of transparency.
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@bfx ·
Hi Todor,

Thanks for reaching out. To answer your questions
1. Yes, the hardware specified above will be used **exclusively** for EOS mainchain developments.

Questions **2** & **3** will be addressed by our CTO, Paolo Ardoino, at tonights [EOSLondon](https://twitter.com/eos42io/status/990586838955036677) presentation. At the risk of spoiling his answers, I will put together a transcript of the presentation for the EOS community to go through immediately. Looking forward to discussing our approach with you. Feel free to stop by our Telegram if you'd like to discuss directly with our development team.
Thanks!
πŸ‘  
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vote details (1)