Hello friends today we will introduce you a project that is already on the ICO stage. The name of the project is #DEEX ($ deex).
Let's start with the definition of the project.
The core of the ecosystem is the decentralized #DEEX platform, which has a large and useful potential, and runs in the fastest and most reliable Graphene block chain (100K operations / sec, not involved in hacking once since creation).
The #Bitshares 2.0 platform allows the following functionality of #DEEX Exchange to be applied:
Establishment of a secure crypto palette that permits fund transfer for all counterparties with a minimum of a commission,
Buying / selling crypto currencies and tokens,
Creating and trading your own crypto assets,
Investing by buying token from possible companies and
participation in the expected distribution of profit,
Creating the ICO mechanism (primary currency / token settlement)
Providing the highest security and reliability of all transactions in the block chain network through the DPOS (Delegated Proof of Stake) algorithm,
Here we clarify the DPOS
DPOS: The fastest, most efficient, decentralized and most flexible idea unit available. DPOS is a model for the power of stakeholder approval games to solve the consensus issues in a fair and democratic way.
Pool account can be created,
Ability to use special gate computers (Gates) as money transfer mechanisms between different trading platforms and payment systems for fiat fund entry / exit.
Compatible with the most modern browsers GUI (Graphical User Interface),
The desktop app for Trade,
Mobile apps for Android and IOs,
Detailed and continuously updated documents,
24 hours technical support,
Numerous trading partners (Xcoin / BTC, Ycoin / ETH, etc.),
Recover lost passwords feature,
2FA,
Low commission fees,
a high rate for the reference system,
A large list of indicators,
Trade robots,
Debit crypto cards,
Crypto ATMs network,
High liquidity,
API (an infrastructure for the integration of 3rd party organizations),
Your own hardware crypto-wallet for keeping crypto currencies and tokens on the cold wallet.
These are basically developed systems and features. Why should decentralized systems be preferred to centralized? I will mention this.
Let's first understand the concept of Centralized / Decentralized Stock Exchange.
Centralized Exchange: All core decisions are made by a governing body (headquarters) and all participants trust these decisions and almost never affect them. Participants must keep their funds in the wallet of the stock exchange.
Decentralized Exchange: There is no single decision-making center in each issue. All participants provide equal conditions and provide a platform where they can trade directly with each other.
Depending on many factors, centralized stock exchanges are still very popular because they provide users with accumulated, ready and broad functionality as a result of many years of application.
Centralized stock exchanges have only one serious disadvantage, which is based on the fundamental nature of great regret, and plays an increasing role in the modern crypto world. This disadvantage is central to the core of these platforms.
If you go off the road, the central system is exposed to the following important risks:
Security.
There is always a clear center where there are obvious attacks. The total amount of funds hijacked by hackers, #MtGox, #BITFINEX, etc. Starting with its history, it finds hundreds of millions of dollars.
Unfair Competition.
BTC-E and A. Vinnik, accused of fraud, theft and money laundering, can be shown as examples.
Danger of Sanction.
Under US protection, many customers from countries where some sanctions will apply can not withdraw their money from the #POLONIEX Stock Exchange.
Political Risks.
The recent sharp changes in China's policy towards CryptoExchange in China and ICO and market manipulations.
This list may continue with recent examples, but it is important to note that this list can be updated in the future.
We see it as a beautiful project. An Estonian project is themselves a project.
