QURREX - THE FIRST HYBRID CRYPTOCURRENCY EXCHANGE

rainm (25)in #cryptocurrency • 6 years ago

The main task of the ICO Qurrex project is to solve issues related to liquidity on decentralized trading platforms, as well as to provide an acceptable speed for equalizing with the traditional analogues of trading sessions on shares.

The blockchain platform will process information both in a centralized format and through decentralized network segments. According to the idea of SEO-developers, such a combined version of the interaction will help traders and buyers instantly make decisions and find common ground interests of the parties.

The idea of a combined scheme did not appear empty. Suffice it to recall the situation with cryptoprotocol MT.Gox, which suffered from hacker attacks in 2014. Then disappeared the enormous amount of crypto investors, and the pass was delivered, the existence of kryptonyte. The second striking example is the situation in 2017 with btc-e crypto exchange, which suffered from the intervention of the FBI, and, of course, huge amounts of assets were irretrievably stolen from users.

Advantages

All existing decentralized crypto-exchanges today are free from such surprises, where the most complex security protocols are used in the blockchain. However, all existing platforms have a number of disadvantages:

- Sufficiently high time delays to perform transactions (hackers sometimes take a few seconds to crank their "dark" deeds).

- Low liquidity ratio.

- This problem is solved by the ecosystem Qurrex, which offers users a hybrid version of the trading platforms.

QURREX is much faster than any existing cryptoexchange

As a concept, it is planned to use centralized variants of nodes, such as CEX, which will be a kind of liquidity pool. The nodes will be smooth all the possible changes of the network load. On the other hand, it will be an independent platform that will use centralized communication nodes for data processing and transmission. Centralized nodes themselves will undertake to ensure compliance with the conditions set for effective trading on the exchange.

As independent groups of pools to ensure liquidity will involve decentralized nodes of type DEX. Exchange of information will happen from their own books on demand, where they will get love and the best for the execution of existing applications on the contracts.

In whitepaper, the platform team identified the main solutions for the effective operation of the site:

- All internal crypto wallets of investors will be subject to compulsory insurance.

- Trade is conducted allometrically.

- Users receive an updated graphical trading report on a hybrid crypto platform.

- Availability of its own trading platform.

- Development of a social resource for crypto traders.

- The ability to enter the bidding with Fiat currency.

- Round-the-clock operation for the technical service of the project.

- Implementation of API for developers.

To achieve maximum effect Qurrex plans to involve other promising and reliable platform, which is also interested in the positive dynamics of performance of its services.