Fusotao Protocol | Decentralized Verification Protocol For Orderbook Matching System
Blockchain technology provides a way to record and manage assets in a secure, transparent and immutable ledger. The most important benefit of blockchain for the energy sector is the ability for users to access and modify information about their assets, such as generating capacity and other operational data, which allows people to verify their agreement with every transaction. Blockchain also ensures that all parties have full visibility into exactly who owns what asset on the network and this mechanism will ensure transparency and security. Besides, it'll alsomakes every transactions traceable, reliabled, secure and faster without need any centralized entity that consumes more resource, On the other side Fusotao Protocol is one of the innovative project where it'll implementing Blockchain to the global finance market.
What Is Fusotao Protocol?
Fusotao Protocol is new decentralized orderbook matching system with sequential methode to provide a new way mechanism, They will use new paradigm by execute it through the off-chain and simultaneously verify the transaction on-chain, Their Protocol will be Powered by the decentralized infrastructure without interference from any operator and through orderbook-based on the sequential matching systems to ensure zero-cost gas with low latency and can be built through off-chain matching process, For every order submission, matching, certification will runs on the a centralized off-chain server, where this will enables every traders to execute more faster process and easy-to-use trading experience as the other centralized exchange, besides through the on-chain verification method, it will pass the verification on the chain more safer and faster, therefore it'll ensuring the security of the transaction.
Fusotao protocol is based on the Octopus Network where it'll providing an new application chain where it's hold every users assets safely and verify it through the matching transactions from the off-chain exchange services. Every blockchain startup founders and team can also build their own Dex by using it on the Fusotao protocol appchain as an on-chain verifier by deploying it on their own off-chain matching server. Fusotao protocol will also introducing new communities program where every user can earn rewards by trading on Dex and directly stake their token on the Fusotao protocol. Fusotao team will developing an new mechanism to intends and disrupt it by providing an new and user-friendly order-book based on the Dex with more cheaper, faster and safer protocol.
Robust Protocol
Fusotao Protocol will becoming the first decentralized infrastructure where it'll provide support for every order book on the Dex where every blockchain startup and project can develop their own order book through the Fusotao prottocol where it'll be based on the matching and verification protocol, They will introducing new mechanism with Octopus network infrastructure. Comparing to other Dex, Fusotao protocol offer more reliable network with zero-cost fee, off-chain and on-chain transaction, community staking program and more. For more details you can check their official website here; https://www.fusotao.org/
Advantages
Market Potential
Blockchain becoming one of the most unique innovation on the market and it's offer more stable market growth with tons of new innovations especially on the financial market, As we know the current crypto has exceeded more than $900 Billion where it was doubled in the past 10 years. On the other side Fusotao Protocol, introducing an new unique protocol where it's a new decentralized matching system for trading process where they will use Octopus network to ensure maximum efficiency on multi-chain compatibility and it'll be based on the blockchain echnology where this will be used to develop innovative and unique applications with higher efficiency and faster processing speed for every transaction where it'll helps decentralize applications (dApps) run on blockchain network, thus enabling P2P transaction mechanisms by combining Traditional Market and Blockchain by creating a new mechanism.
Roadmap
Conclusion
Fusotao Protocol is a blockchain protocol that aims to provide financial services to individuals, businesses and institutions through the blockchain technology. The Fusotao Protocol will offers a new decentralized system where it will be integrated with various aspect on the network and providing an new mechanism for its users with and various trading features that implemented directtly on the network. Their own ecosystem also offers an new feature that offering powerful token mechanism. Fusotao Protocol offering tons of new features and it was very innovative and that's why i really recommend you to become part of their protocol!
I think it's enough for now, Do not forget to follow & upvote for more content about new project, I will give some links related to Fusotao below. Thank you very much!
Twitter: https://twitter.com/FusotaoProtocol
Discord: https://discord.gg/AWPMGQ8VJE
Github: https://github.com/uinb/fusotao
Authored By Pedobear a.k.a Dhemas putra/dhemasm(bitcointalk)
Bitcointalk Profile Link:
Thanks for using steemegg