In coinolix, together with our team, we are developing the first multifunctional crypto currency exchange ecosystem, integrating a robust exchange platform and a decentralized blockchain protocol in which digital tokens are tied to one US dollar and backed by a coinolix Exchange Limited reserve of assets as gold to provide a decentralized value exchange method through our Coinamia coin, tied to Fiat.
Net exchange of crypto-currencies Coinolix Exchange Limited.
In today's market, there are two types of exchanges: currency exchange on a currency basis and net exchange of foreign exchange. We will focus only on pure exchange of crypto-currencies.
A solution with a crypto currency with reference to Fiat Coinamia Fiat Coin (USDC).
Crypto-currency with a peer-to-peer scheme, based on the Agreement on the attainment of consent, to ensure network security. Each USDC coin put into circulation is maintained in a one-to-one ratio (that is, one US dollar is one US dollar) for the respective reserve of assets held by the bank coinolix Limited.
Architecture
Trade structures should be developed from the earliest stage with safety, efficiency, speed and adaptability as the main priority. Multiple exchanges often choose the easiest way to cope with starting a framework. Although this can function perfectly for the beginning, as the activity develops, the structure will not be ready to consider the expanded network load. This often recedes from the main promotion of exchange, but it is fundamental to achieving a long-term goal.
Liquidity
Since the crypto business is so new, it does not quite fit the liquidity. The presence of unreasonable book publishing implies high slippage when trading crypto-currencies, which is extremely expensive for traders.
Platform Security
Almost all of the Crypto currency is unchanged, and there is no way to change it after the transaction is made because this exchange refuses to take responsibility for transactions. There are several exchanges that have declined due to hacking.
There are advanced achievements that exchanges would benefit in recognition of the attempted hacking. Nevertheless, these improvements are expensive to the extent that exchanges do not have the ability to access them, that is, they can be almost any programmers how to bypass their security framework.
Poor customer support
Traders are another breed when it comes to users. Understanding the problem with users is vital to a successful exchange. At a time when demonstrations of exchange in a way that undermine the confidence of the trader will be unacceptable, which will lead to the appearance of user complaints.
Exchange Coinolix
The corresponding Coinolix Exchange engine is suitable for managing 1 200 000 orders per second. A large number of trade requests can be eliminated with an adaptable and expandable engine in a matter of minutes. Along these lines our coordinated engine can gain a foothold on one of the fastest and most reliable engines available in the current market. Thus, traders can be saved from major problems, such as stalling trade requests or tedious bidding.
Features:
Trade on the spot market
Margin Trading
Futures Trading
Language support
We will support English, Chinese, Russian, Japanese and Korean on all our user interfaces. (The most original release will only be in English and Russian.)
Additional languages will be added over time.
24/7 Customer Support:
Instead of providing the customer with a pre-designed scenario, we prefer to share support and responsibilities that will be distributed to our employees and the company in such a way that a specific client problem can be solved by the designated official on this particular issue.
Security Protection against DDoS attacks: due to high traffic activity, the currency exchange is regularly exposed to DDoS attacks. We use a secure distributed network of a CDN delivery server (content delivery network) that can successfully download a large number of database queries at any time to support online exchange services 24/7.
Exchange audit: our target vulnerability research team will monitor the execution time of the platform to prevent any conceivable attacks of defenselessness. We will also think about additional security efforts, as market allocations will develop in the future.
Encryption and backup. We will use sophisticated encryption strategies and perform information reinforcement every day to ensure the security of all user data. Such an approach, composed of a decentralized base, will allow us to provide information to our client even in the direct result expected by a hypothetical hacker attack.
Two-factor authentication: by applying two-factor authentication over the user name and password to protect users from a phishing site and an email vulnerability.
Road map:
March 31, 2017
Technical and market research Cryptocurrency exchange begins for a centralized and decentralized exchange of news of the next generation.
September 30, 2017
The mechanism for processing crypto currency is completed, and the review begins with a security audit and the development of the user interface.
March 31, 2018
Collect a highly qualified development team for the exchange and finalization of the locking technology for the Fiat coin.
Market research and analysis to plan the initial offer of coins. Finalization
September 30, 2018
The beginning of a private sale on August 8, 2018.
Start Airdrop and white listing and register KYC for crowdsale.
Fiat coins are block-chain development and consensus-based development audits.
December 31, 2018
The preliminary phase of ICo begins within two weeks on October 8, 2018, ending on November 7, 2018.
The beginning of ICO crowdsale on November 8, 2018, which ends on December 13, 2018
March 31, 2019
Full version of the online exchange
Announcement of links with a third-party trustee for the gold reserve and audit of the liquid reserve.
Wallet and information about the seller.
Official announcement of the sale of an online trader for file sharing
June 30, 2019
Expansion of the payment solution and Gatways on all continents.
Expand Exchange-marketing and scalability of the Coinolix Exchange trading mechanism.
Beta version of a decentralized online exchange for testing.
December 31, 2019
Full version of the decentralized exchange
Detailed information:
Website: https://coinolix.com
Facebook: https://www.facebook.com/coinolix
Twitter: https://twitter.com/coinolix
Telegram: https://t.me/coinolix
AUTHOR:Gambangcity
ETH:0xbd4e6B6E19c55D117badfa5C218Ae03263df6072
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