Welcome my readers am so glad to welcome you to the most transparent, extensible and unbreakable platform. An agreement among cryptographic cash customers is that the treatment of cash should be redesigned and upgraded. In addition, due to the complexity of decentralized frameworks, clients and finance professionals have had a small action plan that provides enough learning and measurement metrics for their businesses. The interface offered by tokenized conditions and your dApps can better impact customers by providing a more ergonomic, natural, and educational presentation of the data. In this sense,
VDex is a decentralized trade with regard to the customer and the network. Built with some of the latest ideal models and conventions for safety, ease of use and multi-resource prop, this low rubbing common trade complies with open teachings and guarantees a comfortable and consistent stream under decentralized applications. With Verto, a flexible, exceptionally customizable crypto-wallet, VDex offers simple alternatives for security, namelessness and installment.
The Volentix is a cryptocurrency based multi-functional ecosystem which basically consists of four great pillars DApps. These of these work in synergy with one another to improve their effectiveness that will better the whole ecosystem Volentix -. These pillars include;
· Vanue Dynamic Community Platform- this pillar has the mandate of ensuring that people are ben brought into Volentix community to facilitate growth of the ecosystem
· We also have Verto Wallet that makes sure that funds are continuously managed by users of VDex. Verto is a multi-currency wallet use for VDex. By maintaining these funding, Verto employs a system of smart contracts to maintain the state between two trading clients, the simplest operations being done with atomic swaps.
· Vespucci analytical engine- this ensures that liquidity is increased. Vespucci increases liquidity by boosting user confidence and bringing more users to the Volentix platform.
· And finally, we have VDex- This is in charge of distributed exchange; it ensures a highly customizable environment for speed, cost, anonymity, security, and scalability. In other words we can say, it provides liquidity between all cryptocurrencies. The exchange is carried out directly from the user’s verto wallet.
The development of technology and the digital ecosystem has evolved the need for emerging crypto currencies and at the same time there is much theft through weak systems in the absence of strong security in protecting the assets of crypto. The main reason of many of these hacking is the lack of Defense in security approaches and depth and weak rules.
The Volentix platform utilizes some of the Great Security Features of EOS.IO System features in checkmating the security challenges rocking traditional exchange platforms
· Malware detection by auditing processes
· Random diversification- that’s by toggling of protocols is a level of complexity
· Multiple factor identification
· Ensure inspection of logs as control.
· Prevents a replay of a transaction on forks that do not include the referenced block
· If a block producer takes an unreasonable amount of runtime or is not profitable enough, the process is blacklisted.
· Deploy a custom contract that only accepts deposits of known tokens from KYC’d accounts
· All accounts must only read and write in their own private database
How the Ecosystem Operates
EOS.IO is a working framework like system whereupon decentralized applications can be constructed. The product gives accounts, verification, databases, asynchronous correspondence and planning across groups. Components and protocols are already incorporated with the platform, and only a subset can be utilized to fulfill VDex necessities. VDex at first enjoy all the great standard features offered by EOS.IO, for example, record and wallet creation and the recuperation of stolen keys; however will consequently actualize the protocols for the creation of decentralized trades through its contracts.
VTX Token/Usage
VTX is the native currency of the Volentix DAO. It is a cryptographic deflationary token that provides access to staking and membership. VTX is the cryptocurrency used on the vDex exchange. It can be used within all of the four pillars of the Volentix system:
To pay transaction fees on the VDex.
To vote on proposals submitted to the network, using the voting rights allocated to VTX holders.
To submit proposals to the network.
To stake support for project building, liquidity, or proposal reviews.
As a fee redistribution token on the VDex exchange.
To incite users to partake in order book settlement.
To reward participants in the consensus process and in Venue campaigns
Please note that Volentixis built on eos.io blockchain technology and smart contract, as such, as stated earlier, it will benefit from all the great features of eos.io operating system until it implement its own protocols for the creation of decentralized exchanges through its contracts.
Please visit the channels below for more information about this project
WEBSITE: https://volentix.io/
TELEGRAM: https://t.me/volentix
TWITTER: https://twitter.com/Volentix
ANN: https://bitcointalk.org/index.php?topic=5022472.msg45307298#msg45307298
Whitepaper: https://s3.ca-central-1.amazonaws.com/volentix/VDexWhitePaper.pdf
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1460674
