Hi everyone, my today's review will be on a unique project with great potentials. "QUANTA".
Decentralization is the most used denominator of cryptocurrencies and blockchain projects, which is also the basic vision that has powered the growth of the entire sector for a long time. Even with the extraordinary accomplishment in this aspect, majority of digital assets are still exchanged on centralized ecosystems. In which one main reason for this is due to the fact that existing decentralized exchanges are lacking liquidity and slow, which makes them unusable in comparison to centralized exchanges.
About Quanta.
Quanta is a decentralized cryptocurrency exchange, it enables a cross breed, smooth platform which provides the best heritage exchange in speed and security. Quanta offers it investors a consistent trading platform, advanced for client encounter, and is derived idealistic about the development of digital currencies as a benefit class. The platform fast and secure digital asset exchange aim to provide liquidity to the illiquid market of decentralized exchanges. In contrast to other projects that build a decentralized cryptocurrency exchange.
PROMBLEMS COMPETITORS FACE.
Most decentralized exchanges are built upon a specific platform, for instance, Ethereum (such as 0x, IDEX, and Kyber) or NEO (such as NEX). It however, limits them to the exchange of tokens that are using this particular platform. In the case of ETH-based exchanges, only ERC20 tokens can be traded. This exchanges are also dependent on the block time of the underlying platform. It inbuilt latency does not enable them to compete with the transaction speed and trading volume of centralized exchanges.
SOLUTION.
QUANTA provides liquidity to the market by developing a fast and scalable public blockchain for the exchange of digital assets across any blockchain.
BENEFITS OF THE PLATFORM.
It's proof of concept is 15x faster than ETH block time => allows near real-time trading.
QUANTA's DEX provides better protection from hacks than a centralized exchange, users retain custody over funds.
High level of independence thanks to its blockchain (not dependent like Kyeber/NEX on ETH/NEO to scale).
Much better scalability than ETH-based DEXs.
Ability to compete with centralized exchanges in terms of speed.
Independent on liquidity pools from investors such as other DEXs.
Quanta Ecosystem.
It enables users keep up their digital assets wallets and utilize the exchange with a solitary purpose of contact, giving high security and self-sufficient administration of held assets, reliable security to the users data by utilizing BIP38 security protocol which gives advantages and assurance to the users of this platform.
QUANTA tackles the daunting issues decentralized exchanges are facing at the momen. With the support of it cross-blockchain trading functionality, the project is destined to receive the attention of crypto enthusiasts and investors alike. With its token metrics QUANTA has a high chance of gaining enough traction to become a successful ICO.
Conclusion.
The platform will offer maximum security to users data. It features would secure all transaction data from any fraudulent attempts or hackers. The transaction delivery time will be short as light. The platform will also offer a regular customers support to it users.
For more information about the project, visit the following links:
Website : https://quantachain.io/
Whitepapar : https://drive.google.com/file/d/1fZZfydUyV_HqHdrMGxGf-ldj8NBrHQkz/view
Twitter: https://twitter.com/QuantaDex
Facebook: https://facebook.com/1733147386775965
LinkedIn: https://www.linkedin.com/organization/quantadex/
Github: https://github.com/quantadex/quanta_js
Twitter: https://t.me/QuantaDex
Bounty0x username: Moshaid.
