Hello Everyone! Today I will tell you about ETERBASE.
What is Eterbase?
ETERBASE is the first regulation-compliant European cryptocurrency exchange, offering fast, secure trading on a clean, powerful, user interface.
ETERBASE is engaged in the process of building a robust and fully compliant platform that offers a broad range of B2C and B2B cryptocurrency-specialized solutions. These include a high-frequency trading platform capable of real-time spot trading and margin trading, over-the-counter trading, and high frequency server hosting with a direct-market access and incentive system for market makers.
Features and functions
Central to any exchange venue is a trading platform, typically a central limit order book on which counterparties’ orders are matched. Market fragmentation in the cryptocurrency space and increased market complexity impose a set of peculiar operational challenges. The core systems of the exchange must be implemented using a tested technology to avoid socalled ‘flash crashes’ and market glitches, which are a frequent occurrence on today’s crypto markets.
Trading interface
The ETERBASE exchange environment features an intuitive trading interface for placing buy/sell orders and a native set of technical analysis tools. The interface system is designed to be highly functional and aesthetically appealing.
Sub-accounts
To provide a high level of manageability across a range of digital assets for professional and institutional traders, ETERBASE will implement a system to manage multiple sub-accounts. The latest information about portfolio performance and current prices across your sub-accounts can be conveniently accessed through the main account home screen.
Social Trading
Social trading creates a uniquely engaging trading experience by allowing the possibility of following and interacting with top traders and market leaders. This creates an opportunity for successful traders to monetize their knowledge of market events by earning XBASE rewards for providing signals and commentaries.
Overview
Eterbase exchange aims to facilitate a global low-latency trading experience by using a redundant and horizontally scalable architecture for the account management system. Each trading pair is deployed on a dedicated instance of an order matching engine to ensure high order processing and exceptionally low latency for all users.
The main features of the platform architecture are:
• Proprietary low-level, high-speed, and low-latency matching engine as a core of the exchange architecture.
• Market data distribution via internal high-speed and low-latency publisher/subscriber model with final delivery through websockets.
• Persistent order and user data storage in auto-rebalanced sharded databases for optimum performance and availability.
• Four-layer root-spine-leaf architecture with autoscaling leaf nodes.
• Real-time market data and order management combined with asynchronous post-processing.
CORE systems utilizing curated low-latency network hardware equipment that can cope with hundreds of millions of orders per second across trading pairs while maintaining < 10ms latency for order response.
• Direct market access for professional high-frequency traders - exclusive access will guarantee a physically close location to Eterbase infrastructure and proximity to ETERBASE matching engines.
• Advanced control services layer to secure fund movements (orders and withdrawals) and continual system consistency checks.
• Utilization of custom HSM and Shamir's Secret Sharing Scheme for private key and wallet management.
• Industrial recovery solution to minimize dependency on one physical datacenter
About Token
ETERBASE membership is based on ERC20-compliant token, XBASE, which represents different levels of access to the ETERBASE exchange platform. Membership tokens can be redeemed for discounts, products, and services available through the exchange. Although XBASE tokens might be tradable, they are not an investment, currency, security, commodity, a swap on a currency, or any other kind of financial instrument. The only possible utility is at the sole discretion of ETERBASE AG and the tiered membership program, which can be changed or terminated at any time at the discretion of ETERBASE AG.
ETERBASE AG will utilize any direct or indirect proceeds or benefits from donations, contributions, exchange, or trading of XBASE at its sole discretion.
Token Sale
Crowdsale Launch date - August 2018
Crowdsale end date - October 2018
For more details, you can visit link below;
Website: https://www.eterbase.com/
Whitepaper: https://www.eterbase.com/whitepaper
Writer: https://bitcointalk.org/index.php?action=profile;u=1203154
Thank you!
