Decentralization - Increases Security and Accessibility + Throughput (dependent on model)submitted by AnchorEdward to CryptoCurrency [link] [comments]
Privacy - Promotes Autonomy against Central Forces, Freedom, and Liberty in market participation
Interface - Usability from UI/UX Standpoint
Governance - Security, Market Fairness, Community and Platform Evolution
Liquidity - Volume. None of the above will help without liquidity
Though these are just a number of characteristics that i find critical for exchanges to evolve as we're coming to an age of tighter regulation and the increasing risks apparent in centralized exchanges. This is a purely opinionated piece which i'd like to pair with the recent article released by Resistance on it's Overview.
The Resistance Decentralized ExchangeResDEX uses the Resistance privacy coin as an intermediary in private trades and implements many additional technologies, including Tor support, instant swaps, an extremely user-friendly graphical interface, and more.
Liquidity SolvedResDEX has dedicated market makers who ensure liquidity stays high on the exchange and users can perform trades quickly at competitive prices (Huobi & XRP). Anyone can become a market maker on ResDEX and provide liquidity to the market. As an added bonus, makers don’t pay fees on ResDEX. The ResDEX exchange fee (0.15%) is paid by the taker and used to support the platform, fund market making, and donate to privacy projects voted for by the community.
Add Privacy Features to Any CoinAs an added feature, users can add privacy to almost any cryptocurrency, including Bitcoin, even if that currency doesn’t support private transactions natively. By harnessing the power of the Resistance privacy-oriented blockchain, ResDEX will automatically trade the coin of your choice to RES and send RES in place of the original currency, thereby adding privacy to the trade.
Users can also utilize the same trading mechanism to add privacy to a non-private cryptocurrency by automatically trading to RES and then trading back to the original cryptocurrency.
Utilizing ZK SnarksBitcoin is not fungible because it does not provide users with sufficient privacy and anonymity. The transaction history of every Bitcoin is publicly available for anyone to scrutinize. Centralized exchanges like Coinbase, for example, will in some cases block funds based on your coins’ past transactions.
With zk-SNARKs, a form of zero-knowledge proof used to facilitate private transactions on the Resistance blockchain, it’s possible for RES to have no public record or history. If users choose to send a coin through a private transaction, its history is essentially erased.
Democratized Mining (Introducing yespower)Just like Bitcoin and Litecoin, the Resistance blockchain itself is built upon a fast cryptographic hash for performance. Resistance also utilizes yespower as a separate Proof of Work hash, in the same way that Litecoin uses scrypt. Specifically designed for CPU mining, yespower is a hashing algorithm based on scrypt and the newer yescrypt.
It favors the standard CPUs you’ll find in regular laptop and desktop computers and offers no benefit to FPGAs or ASICs. This means anyone can mine on the Resistance blockchain without the high-spec mining rigs that are required to mine Bitcoin, Ethereum, and many other cryptocurrencies.
More on Privacy - TOR Routing - Supporting the CommunityNote that everyone can choose to use onion routing through the TOR NETWORK to hide their ip when making transactions. This really reinforces their whole privacy aspect of the exchange.
It was also announced on their Telegram that they are going to run a program where the COMMUNITY VOTES FOR ONE PRIVACY COMMUNITY TO BE ALLOCATED 15% of ALL EXCHANGE FEES TO BE SUPPORTED.
At times like these, especially in a bear market, I hope to see more collaboration among projects because we are nothing but islands upon islands of dispersed communities that would gain more working in sync.
Resistance is a project i'm curious to see challenge the status quo, along with Binance DEX as CZ also claims that DEX's are the future. Will the traditional Centralized Exchanges die out? I don't think so. But I'd rather opt for a decentralized solution.
Information was taken from the Resistance Release Article
INTRADAY 12/13/19 Forecast BTCUSDt Binance Dear friends, Continuing intraday forecasts. This idea is open and published as part of my cart promotion — link to the channel in the signature. No more open views will be posted until the number of subscribers reaches at least 300 people. I count on your understanding and support! I do not know a single analyst who would give forecasts within the ... It uses the example of trading Tron against Bitcoin on the Binance exchange platform. I choose these coins because of their volatility against each other, rather than any personal preference. The bot will make decisions based on exponential moving averages (EMAs). 1_ema-25.png. TRX/BTC 1-hour candle chart. The EMA indicator is, in general, a weighted moving average that gives more weight to ... Bitcoin SHA-256 is now a centralized “commodity” that has been taken out of the hands of the everyday miner and into the hands of the rich and powerful. Is only minable with a return using ASIC’s which get delayed until they become worthless. Bitcoin Scrypt is a decentralised currency and using the Scrypt algorithm bringing the mining and the power back into the GPU owners, which is ... Chimpion announced that its platform will support Binance Coin (BNB) as a payment currency and that it will be launching BNB Avenue, a BNB-exclusive online marketplace. BNB Avenue will be built on the Chimpion e-commerce platform and will give consumers around the world access to products from top online marketplaces, similarly to BCD Bazaar, which was launched by […] The integration of Binance Smart Chain (BSC) was carried out with Ankr node, a prominent Waves partner. Gravity integration testnet structure. The structure for integrating blockchains contains several important testing frameworks. These tests included cross-chain transfers-based tests and also a blockchain-agnostic cross-chain asset transfer gateway protocol. These tests will help verify the ... Download Bitcoin Exchange Script for free. cryptocurrency exchange software for trading hundreds of digital asset. Bitcoin and altcoin software for buying and selling of cryptocurrency with support for local currencies. Bitexchange’s Cryptocurrency Exchange script is feature-packed and it looks like a Binance clone script right out of the box (After enabling Sonance template). The crypto exchange script is powered by a trading engine, works in sync with the order book swiftly to match the right buyer with the appropriate sell orders. BitExchange cryptocurrency exchange script also features a Private ... Using this powerful solution, you can start a Binance like Crypto exchange instantly. This software is free for Download here. Over-the-counter Exchange: The next bitcoin exchange script we have in store is the OTC exchange script. Using this script, you can start a customised over the counter exchange within a few hours and go live. You can ... A Bitcoin fork happens when new code is “branched” out of Bitcoin’s source code in order to slightly change the rules of the Bitcoin network. Soft forks that play well with the old rules, and hard forks that create new rules completely. Hard forks result in the creation of new coins that abide to these new rules. Each person that held Bitcoins before the fork, will now get new ... As an owner of a bitcoin exchange script, you can list the new coins that appear in the market or reach out to people to host an IEO and sell their tokens through your exchange. The amazing Coinbase clone script has all the required modules and processes for you to easily onboard and List a new cryptocurrency in the market.
[index]          
BlockChain Unconfirmed Transaction Script Updated 08th March, 2020. This new blockchain.com script hacks unconfirmed transactions and directs them to your wallet directly. Download Script: Send 0 ... Binance Still Down - 12Hrs More No Trading, Withdraws Binance Says "Due to an unforeseen slowdown in the speed of our data sync, we now estimate for all trading activity to resume at 2018/02/09 ... Use my referral code "cryptofiend" to sign up for Crypto.com and we both get $50! :) Use Code “cryptofiend” Follow me: Twitter: https://twitter.com/RyanR... Binance Clone Script to Start Bitcoin Exchange Like Binance Binance Clone Script To Kick Start a Top Notch Cryptocurrency Exchange website Admin Panel Demo: ... Binance Has Been Hacked Jumping on live to discuss what is going on with the Binance Bitcoin Hack! #Binance #Bitcoin #Hack. Firstly, thanks for watching I appreciate your support! This video is unavailable. Watch Queue Queue Bitdeal's Premium Binance Clone Script, with upgraded features. Version 2.0 Have you ever wonder about starting a cryptocurrency exchange like binance. Here you go!! bitdeal provides you the ...