A talk of time to the past of decentralize exchange and Adonx.one

in #decentralize3 years ago

The cryptocurrency is thought to be the next internet revolution, where transactions are done utilizing peer-to-peer network creating a blockchain of the participants involved. Therefore, it is in totality creating a new virtual world, which might change the course of the foreseeable future finance.With the uncertainty surrounding centralized exchanges and the growth in demand for decentralized ones, it poses the question: What are the benefits of using decentralized exchanges?

With that in mind, Adonx.one aims to create an eligible project with a low listing fee. It even states the proposal of providing a near-zero trading fee experience for traders. The idea is not novel, but at the same time, it creates a powerful highlight in adonx's features. It can provide a simple, innovative, fast, and secured payment platform and escrow.

  • Cheaper Transaction Fees
  • Lower Counterparty Risk
  • Financial Inclusiveness
  • Privacy

Just investing and not trading. That highlights the purpose of the projects. The high percentages of trading fees are also the main issues in cryptocurrencies, that is why Adonx tries to solve the problem for both developers and traders. The initial purpose is to feature programs, tokens, and exchange that is affordable without crazy intake in it.The idea of giving near zero and low listing fees is the way to address the current issues in crypto investment. The podcast of the adonx founder, spot the problem of the listing price that might have hidden charges. It also points out that the commodity of people in the crypto train was not always a trader. There are approximately 80% of users that want to invest.

The project aims to create a digital payment system to cope with the new digital economy that is getting higher and harder. It is especially, for the crypto startup and small traders that have limited capital. The rising listing makes everything harder to get, and so Adonx tries to create the solution.

#Highlight Of The Project

Multi-Layered Security

Not limited to transport level, application, or storage level security issues, the project will provide multi-layered security in its platform. The idea of this security level will consist of password, 2-factor authentication, pin-based authorization, and OTP authorization. All of the security measures will be updated, monitored, analyzed, audited, and patched on regular basis.

Crypto Wallet

It is pretty common to find out that every blockchain will have a different wallet, and so does Adonx. Running on the Ethereum platform, there are some possibilities to access the coin from the different wallets. Users can also rotate the new address of the wallet for every deposit. But what makes Adonx stand out is the vanity addressability.Generated addresses for the wallet tend to consist of long alphanumeric characters. The number itself generated from the blockchain technology to make sure it is hard to remember. But the Vanity address features allow personalized crypto wallets on the blockchain. The ability to add a name or custom will be useful for users on B2C or B2B.

Account Alias

The Adonx also adds the ability to create a unique alias system for use. It mainly for users to deposit anywhere and anytime without logging in to the actual account. The purpose of this feature is to help users get the deposit address for the different wallets. To make it secure, the platform will layer it with OTP/2FA.

Atomic Swap

The atomic swap works as the solution for the quick process of exchanging one cryptocurrency to another. It also highlights less work to do. Most of the time, this kind of exchange happens due to deprecated coin or token blockchain. Thus, sending the new token as a replacement will be easier, since Atomic swap allows the initiate swap from the old wallet to the new one.

Airdrop

Just like any other blockchain project, Adonx also offers airdrops for massive distribution. Adonx ticker or token will be given, usually for free. It also helps in gaining attention and new followers for the user base. Promotor and other users will also benefit from it.

Exchange Service

Adonx promised a highly durable and scalable platform. The highly scalable matching engine is meant to withstand and process millions of orders per minute. It is a good sign since the downed system will disturb the sustainability of the project itself.

There are also other things such as escrow services, multilingual support, to exchange pairs. The project also includes listing types, from a free listing, paid to list, and listing through voting. For you who are interested in joining the project, it is in the IEO stage.

The **Adonx.One **vision is to give and empower the way to the new free computerized economy to ascend through the mix of the day-by-day life truth of buyers. Adonx is a blockchain-based, productive, mysterious, open source, decentralized, tough, otherworldly, and amazing universally useful digital money for ordinary use and controlled by CryptoNote Technology. Adon is blockchain based advanced money that permits cheap, quick e-installments among individuals and frameworks.
> Adonx is a productive, mysterious, versatile, extraordinary, incredible, decentralized, and open source universally useful digital currency based on Cryptonote Technology with reasonable and quick companion peer exchanges.

All in all, the success of bitcoin has attracted many eyes of the world. In this case, Adonx highlights the need for an easier, safer, and cheaper payment system in the digital economy. As one of the newly established projects, aiming in creating an affordable, eligible, and near-zero trading free experience for the small trader. It is still in the presale stage, it also has potential but worth waiting for more information.Adonx.One the Payment System for the new computerized Economy. To give straightforward, quick, imaginative, best in class, gotten at this point amazing crypto trade, escrow and installments stage. The greater part of the crypto new companies and little brokers are experiencing high posting expenses and exchanging charges. Adonx planned to list all qualified activities with low posting expenses and give close to zero grading charge insight to dealers.

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Indrail Asura (https://bitcointalk.org/index.php?action=profile;u=2276549)
ETH :0x614Df7bc0A82D0Bd3711d9674F1D16b8BA6d5cE5
Telegram Username: @indrailasura

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