Money Talk
CRYPTONITY - A HIGHLY SECURED CRYPTOCURRENCY EXCHANGE
Submitted by atozblack, 29-11-2018, 02:31 AM, Thread ID: 107411
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Blockchain is the buzzword of the moment, but the hype around the technology is warranted. To put it simply, blockchain is a fundamental rethinking of how data is tracked online. Instead of recording data in a traditional database, blockchain technology uses a distributed ledger (essentially a transparent, yet secure record of transactions) and consensus algorithms to store data in a decentralized manner. The end result is that this gives consumers more control over their data, while giving organizations new ways to use that data. At its core, blockchain operates on a trustless principle that ensures no central authority has to be in place in order for a transaction (financial or otherwise) to take place successfully. For many consumers, blockchain is already proving to be a guarantor of security and trust that previously hasnt existed between brands and consumers.
As cryptocurrency is the number one underlying application of the blockchain technology, it provides a secure method of making transactions with digital cuirrencies with the help of the decentralized nature of the blockchain technology. However, the adoption and the use of cryptocurrency is still very low which the major factor that contribute to this is the various platform which provides a medium for the exchange of these currencies.
Most of the available cryptocurrency exchanges are faced with a lot of problem which make the trading of cryptocurrencies tedious as well setting back the mass adoption of the blockchain technology at large. These problems include; the centralized nature of most exchanges where all the data of the exchange and users are being saved on a central data base making the entire platform vulnerable in a situation of any system failure. The major exchanges we have today has experienced severe hack leading to loss of multimillion assets. Aside the security issues, most of these exchanges charges a lot of fee for transactions taking place on their platform.
All the outlined inconveniences lead to the invention of many decentralized exchanges but so far their solutions have been insufficient. However, CRYPTONITY EXCHANGE emerges to provide a decentralized platform to give consensual power back to individuals regarding their financial transactions without the intervention of a central body.
The cryptonity exchange is a high end cryptocurrency exchange which is geared at creating a trading ecosystem with all the needed element and features for smooth, secure, and effective trading of cryptocurrencies for the entire crypto community. Thus the name cryptonity was coined from the two words which are ?crypto and community.
The strength, resilience and competitiveness of the CRYPTONITY EXCHANGE lies in its powerful research and development team that ensures top notch stability, robustness and quality of service to bring about the utmost satisfaction of the entire crypto community. The CRYPTONITY EXCHANGE is creating a promising and prosperous future for the blockchain technology as well as its underlying applications through the creation of a platform with massive long term and large scale ecosystem to provide quality of service operations.
The CRYPTONITY EXCHANGE is built with high performance engine as virtually all the available exchanges are faced with the problem of having a low-end design capacity to process the various transactions taking place on the exchange. The cryptonity exchange trading system will uses a well accelerated and highly efficient memory matching engine that is capable of sustaining millions orders per second. Having this high performance engine guarantees zero delay or lag throughout the whole order and transaction execution process and thus, this will make cryptonity one of the fastest exchanges in the exchange market. With cryptonity, you can be rest assured that your orders will never be delayed due to the matching engine being bombarded with trades.
As Security is the utmost priority for any platform which offers payment and transaction services. CRYPTONITY , being an exchange and a wallet could not leave a stone unturned to make the security foolproof. Engineered on blockchain, CRYPTONITY EXCHANGE has evaluated every aspect of security and made the platform stalwart to counteract any security threat. This platform has included all the necessary elements needed to make all the data on the platform absolutely safe. Blockchain itself provides a seal of security, but to reassure that everything is secure, atomic wallet has added every other parameter which makes its security paramount.
THE CRYPTONITY TOKEN SYSTEM
The Cryptonity Token (XNY) will run on the Ethereum blockchain. However, the team is planning to develop its own blockchain after finalizing the token sale. 100 million tokens will be released to the market. The number is fixed which is to say that the company will neither repurchase nor increase the number of tokens.
TOKEN DETAILS.
Ticker: XNY
Token type: ERC20
Hard Cap: 20 120 000 USD
Soft Cap: 500 000 USD
Price: Varies depending on the sale
Start Date and End Date: January 1st, 2018 to December 31st, 2018
Country: France
Website:https://tokensale.cryptonity.io/en
Whitepaper:https://tokensale.cryptonity.io/storage/Whitepaper_EN.pdf
Twitter:https://twitter.com/CryptonityEX
Telegram:/CryptonityExchange]https://[disallowed website]/CryptonityExchange
Linkedin :https://www.linkedin.com/company/cryptonity-ltd/
Reddit:https://reddit.com/u/cryptonity_exchange
RE: CRYPTONITY - A HIGHLY SECURED CRYPTOCURRENCY EXCHANGE
02-12-2018, 04:13 PM
#2 we will check this new technology and see how it will work
hope it is not hard to use
hope it is not hard to use
RE: CRYPTONITY - A HIGHLY SECURED CRYPTOCURRENCY EXCHANGE
28-12-2018, 04:06 PM
#3 I couldn't agree more. It's great for teaching the core basics of things and allow yourself to improve over time.
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