The Argentas ecosystem will be formed around its core protocol and HydraNet blockchain, network interfaces and bridge entities, and an eventual decentralized application economy. The application development architecture will be designed to enable in particular financial services dapps on a global scale and may ultimately scale to millions of transactions per second.
Argentas is about transforming global payments and banking through leveraging of the open, distributed ledger model operated by the decentralised blockchain architecture, and developing a new ecosystem of decentralized financial applications beyond payments and banking.
There is no current standard cryptocurrency neither used for the regular exchange of value in the daily lives of ordinary people nor for business and financial transactions. To solve the problem of payments and help to facilitate a new open global financial system, blockchain ecosystem needsa decentralized counterpart to everyday money — a true mainstream cryptocurrency eventually adopted by individuals, businesses and institutions alike, accepted by all either making or receiving payments. The current state of blockchain technology is inefficient and too complicated to appeal to the mass consumer and everyday business to serve for this purpose – the same goes for many other novelties. As a result, no cryptocurrency or decentralized platform has gone truly mainstream, and centralized traditional payments solutions so far continue to dominate the market instead of the new decentralized ones.
Argentas will create the Hydra Network (HydraNet), a fast and inherently scalable, open and decentralized blockchain architecture supported by ancillary services (both native network interfaces and non-native bridge entities providing connection between the network and any other actor or user). The Hydra Network can eventually be also regarded as a decentralized supercomputer and value transfer system (of fiat currencies, cryptocurrencies, gold and other assets of value) as well as a global dapp platform.
By combining minimum transaction time and cost with maximum security, HydraNet can equally become a VISA/Mastercard and SWIFT alternative, replacing them for the new decentralized economy in ways that will also provide financial system access to vast numbers of underbanked people.
The core element of the ecosystem is HydraNet, the proprietary blockchain of Argentas leveraging advanced distributed ledger technologies, with its native digital asset facilitating global, virtually free and real-time transactions. The team will work on applications of lightning network for additional payment processing speed, smart sharding for less network load and eventually for quantum resistance.
The HydraNet interfaces such as wallets and bridges forming a connection between the traditional and crypto economies such as banks, exchanges, payment firms and other actors play a key role in the ecosystem that is open to all and interconnected. Banks and other traditional players will gradually morph into network interfaces, as the bank accounts will disapper into the network that will be the global bank for everyone.
Decentralized network applications, dapps, form the third dimension of the ecosystem focusing on adding value through technological innovation in payments, banking and other financial services, for which HydraNet is the perfect environment of disruptional transformation. Smart dapps will eventually replace many of the banking and other financial services as we know them now. A whole new financial ecosystem will emerge.
Wallets as HydraNet clients
Hydra mobile and desktop applications with integrated wallets will also double as HydraNet clients, enabling secure transfers of value within the HydraNet blockchain and interaction with eventual HydraNet smart contracts and applications. HydraNet will offer streamlined interfaces for sending value to contacts and paying for purchases in HydraNet. The HydraNet native currency exchanged by Hydra users will serve as the principal currency for the in-app economy on HydraNet, and, like any other cryptocurrency, will be available for external use
Unlimited accounting
Any number of wallets can be managed with a hierarchical deterministic wallet implementation, enabling more control over how the user's funds are organized. Powerful backup/recovery features to recover funds if necessary.
Advanced security
Only the user will hold his/her keys. The user is in control of his/her money. HydraNet will use cryptography to protect the user's funds against attack and offer spending passwords and seeds for all his/her accounts.
Community development platform
Future releases of Hydra Wallet will allow third party developers to build innovative applications directly for the wallet. Setting up micro credit, to set up recurring payments, or to exchange cryptocurrencies will be easy by customizing the HydraNet Wallet experience.
Built with web technologies
HydraNet Wallet will be built on top of an open source development platform to build cross-platform desktop apps using Javascript, HTML and CSS.
Rich and secure APIs
Amazing apps will be possible to be built with plugins for Hydra Wallet, provide you with rich and secure APIs to interact with cryptocurrency backends.
Extendable with plugins
The core features of HydraNet Wallet will be just the beginning. Argentas' goal will be to give anyone the power to extend HydraNet Wallet with custom plugins, automation and literally any innovation you can come up with.
There are two dimensions to this concept of exchange: (i) there will be the decentralized network exchange , through which any asset can be introduced and traded through its order book and automated bid/offer matching system that has a pathway mechanism to optimize exchanges between any assets in the system, and (ii) any other exchanges, crypto exchanges or "traditional" exchanges that interface with the network and act as network bridges, with any of them being free to connect to the network and leverage its power in their operations.
The decentralized exchange will feature both a (i) direct network interface, and it will be also usable through the (ii) native network wallet dapp, through which transactions will can be posted on the order book and managed in parallel to any other transfers of value.
Argentas will support both the creation of new exchange entities bridging to the network, and the development of its native decentralized exchange in ways that are mutually synergistic: any asset conversion and exchange boosts the network traffic volume and usage.
More about Argentas Project, visit link official using this links :
Website : https://argentas.io/
WP :https://github.com/argentasio/Documentation/blob/master/whitepaper.md
One-Pager : https://argentas.io/documents/one-pager.pdf
Facebook : https://www.facebook.com/argentas.io
Twitter : https://twitter.com/argentasio
Instagram : https://www.instagram.com/argentas.io/
Telegram : http://t.me/argentas1
Author :
Username bitcointalk : trysetya11
Profile Link : https://bitcointalk.org/index.php?action=profile;u=1686500
Stellar Wallet Address : GAGGT722YMSVLKWZGMVKZD3GHXEMNPUR27PXUGW3QHG75YH3PVLFLIUA
