Digital currency or electronic currency could be a kind of currency that's obtainable only in digital kind not in physical kind just like the banknote and coins.
This currencies encompasses a similar properties just like the physical currencies however it solely enableinstant transactions and border less transfer of possession.
This digital currencies ar the blockchain technology applications and recently they need expertise a forcefulgrowth over the last decade and additionally it's some vital influence within the world economy and finance world.
In the crypto world,bitcoin is that the initial digital currency that was created in 2009 and therefore theworth was such as $0.0041. numeration fro nowadays, the digital currency has enhanced to five hundredand even additional and that they are often seen on totally different exchanges that has increase the market price to concerning $ four hundred billion.
But sadly nowadays, they need been series of challenges and issues that are touching the cryptocurrency market. These challenges embrace ; security vulnerability ,counterfeiting of dealing information, high rateand back too deals with low potency and these have extremely cause losses to the investors and hinder the event of the digital currency market.
However,this whole challenges are occurring with none resolution,so the HiBTC platform determined to bring resolution to those for good.
They want to disrupt that ancient exchange model by making a replacement kind of digital plus exchange that's safe,convenient,transparent and orderly.
The HіBTC platform could be a dесеntrаlіzеd platform thаt is aimed tоwаrdѕ соmmunіtу primarily basedrelationship with the Bіtсоіn blосkсhаіn fоr іnvеѕtоrѕ bу resolution the limiting problems оf crypto еxсhаngе through dеvеlорmеnt of thе mоdеrn blосkсhаіn ѕуѕtеm. The HiBTC platform іnvоlvеѕ nо сеntrаl figure or аdmіnіѕtrаtіvе hеаd оf аnу kіnd however juѕt a grоuр оf like mіndеd іndіvіduаlѕ whо relate wіth еасh оthеr іn a P2P order to аdvаnсе the technology and еffісіеnсу оf thе blockchain. Like I mеntіоnеd іnіtіаllу, thе HiBTC рlаtfоrm isn't a company of аnу kіnd however аdорtѕ a community bаѕеd ѕtruсturе fоr іtѕ ореrаtіоnѕ.
Thе HіBTC platform іѕ роwеrеd bу its HIBT tоkеnѕ which provides users ассеѕѕ to the рlаtfоrm аnd thе mеmbеrѕ of thе соmmunіtу thаt possesses this token hаvе thе power tо build rеlеvаnt dесіѕіоnѕ thаt moves the event оf thе рlаtfоrm. THE HIBT token hоldеrѕ ѕhаrе a реrсеntаgе of thе рrоfіtѕ gotten frоm thе рlаtfоrm through еxсhаngе trаnѕасtіоnѕ.
Features of The HiBTC Digital plus Exchange Platform.
Transaction Mining
HiBTC introduces a unique transaction mining reward feature on its platform. This transaction mining reward is named the “transaction + token holding” mining model. beneath this model, it's expected that fiftyof the whole HiBTC Token (HIBT) are going to be rewarded back to users of the HiBTC platform through transaction process fee mining. Let Pine Tree State show you the way all this may be achieved:
• Each time any user perform a dealing on the HiBTC platform, a transaction process fee is generated
• HiBTC then rewards the user with a proportion of HIBT tokens supported the number of HIBT commandby the user, the market value of the process fee and therefore the market value of HIBT. This reward is paid once each hour.
This is an incredible chance created by the HiBTC platform to reward each user that perfors any dealing on the platform. this can be as a result of, for any dealing you do on the platform, HiBTC rewards you with a proportion of HIBT.
Revenue Sharing
An interesting feature that HiBTC has introduced is that the distribution feature. With this, HiBTC shares the revenues generated on the platform among all HIBT holders. this implies that to date as you’re holding some HIBT tokens, you’re expected to induce a share of the revenues generated on the HiBTC platform on a daily basis. additionally so as to encourage users to carry their HIBT for extended periods on the HiBTC platform, a “Dividend Bonus Programme” has been initiated. This rewards users for holding their HIBT tokens on the platform for a selected amount of your time. The longer the lock up amount, the additional dividends attained.
Safety
The most vital feature that users look out for in Associate in Nursing exchange platform is that the safety of their funds. We’ve had cases of some unscrupulous exchange platform cartage away traders’ funds. that'swhy safety is that the watchword of the HiBTC platform. HiBTC is in partnership with prime security corporations United Nations agency have with success enforced multi-layer firewalls so as to producemost security of user’s funds on the platform. HiBTC platform additionally associate with multi-signature pocketbook ensuring that user’s funds ar maximally protected.
Efficiency
One major drawback of the present digital plus exchanges is lack of potency. during a world wherevervariant transactions ar dead each second, there’s a necessity for an exchange that may handle such vastquantity of transactions by users. HiBTC comes with a complicated memory coupling rule that boasts of twomillion transactions per second on the platform that is much quite what the present exchanges supply. The platform additionally comes with a straightforward to use interface that supports skilled commercetechniques.
Transparency
It’s virtually not possible to trace and verify the activities of the present digital plus exchanges. dealinginformation and alternative styles of information on the platform and their activities ar shrouded in mysteries. The HiBTC team understands that to completely gain user’s trust, then all the activities on the platform should be clear and simply verifiable by users of the platform. that's why HiBTC ensures that dealing information, financial gain information, mining information, selection information and every onestyles of information on the platform ar receptive everybody. These information are often verified by any user of the platform that ensures that activities on this platform ar clear and orderly.
In conclusion, HiBTC provides an excellent digital plus exchange platform with legion superb options for swish, seamless exchange of digital assets. The platform is made with foolproof security guaranteeing mostsafety of user’s assets whereas providing pretty low dealing fee and distribution opportunities of holders of HIBT tokens on the platform.HiBTC Token (HIBT) Information:
Token Name: HiBTC Token
Ticker: HIBT
Token type: ERC20
Total Supply: 10 billion HIBT token
HiBTC Token (HIBT) Allocation:
• Mining Reward - 50%
• Holder Shared Fund - 18%
• Founding Team and Strategic Partners - 25%
• Cornerstone Investors – 5%
• Market Promotion – 2%
USEFUL LINKS
Website-- https://www.hibtc.com
Whitepaper---- https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Twitter--- https://twitter.com/HiBTC_Exchange
Telegram-- https://t.me/www_HiBTC_com1
Authors details
https://bitcointalk.org/index.php?action=profile;u=951269
