Features of the Keep Network project

in #coin4 years ago (edited)

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The age of technology, we all hear this phrase often. And what has changed in our lives over the last ten years. In the world of technology, there are ultra-modern smartphones, curved TVs, electric cars, and what has changed in the world of Finance? And then the concept of cryptocurrency comes into our everyday life, no, it's not the dollar, not the Euro..This is a different financial asset that can act as a financial instrument for investment, technology, and profit. Cryptocurrency has been developing rapidly since 2016:years ago, when a lot of ICO began to appear, investments in cryptocurrency brought a huge income. And after 4 years, the number of tokens has grown thousands of times. And one of these projects is Keep Network. This is not just a project, and I'm not afraid to say this word,this is an innovative and technological project of this year.Keer Network , is a new level of privacy in the development environment of smart contracts for public block chains, which are able to provide reliable and secure storage and subsequent use of data, as well as providing full support for the infrastructure, including the environment for transactions with the Keep token.

Of course, the heart of the keepNetwork project is the tBTC token, which is an analog of BTC, but has only the advantage that this token is built on the ERC-20 platform. And you absolutely do not need to worry about the safety of your finances, since tBTC is fully secured by BTC . But to understand how it became possible. It is necessary to consider the process in other words, the Exchange process takes place thanks to the decantralized tBTC dApp application, which was developed jointly by Keep, Summa and Cross-Chain Group. The tBTC application itself is unreliable and uses the Beacon core Keep Network to randomly select subscribers from a shared pool in accordance with the admission requirements. After selecting them, the selected subscribers are responsible for the BTC deposited by the user, up to the moment of full repayment. The exchange can be made at any time interval 24/7 as the entire network operates automatically. And the network health is monitored in real time. In order to exchange BTC for TBTC, you must have BTC on your balance. The exchange itself takes place in the app https://dapp.tbtc.network/ You can connect to this app from all popular crypto wallets. An important condition is that the token itself will be delivered differentially and, as a result, has the maximum delivery value. If at the beginning of the TBTC launch , the maximum delivery was 2 TBTC, then after 48 hours it increased immediately to 100 TBTC. And in total, the increase in deliveries will occur weekly according to the specified algorithm. And the supply limit will be equal to the intersection of the value of 2100000 TWTS .From this, we can clearly understand that the issue of the token will not exceed the issue of the btc itself under any conditions.
TBTC deposits themselves have the feature of blocking / unblocking and the essence is that the blocked Deposit Is redeemable only by the Deposit owner. The identification of ownership of the rights to this token is the presence of the corresponding TDT, which is unique for an individual Deposit and has the exclusive right to redeem this Deposit for a period of up to 6 months. When the full confirmation occurs, and the full SPV Relay confirmation occurs.After only these iterations, the TDT owner can start the repurchase process. And after he pays the Commission, he will be able to fully dispose of UTXO, which fully corresponds to the Deposit in the Bitcoin network. The TDT itself is required primarily to repay a blocked BTC Deposit. And strange to me, you can't get your BTC back if you don't have TDT.

This concludes our review, focusing on the fact that there are a lot of technologies in the project. These technologies are in the market trend. This means that the token will be highly profitable bringing income to the investor.

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