the is The team of developers to Nash has announced the start date for your decentralized Bitcoin exchange. The new platform will be based on the crypto-currency the NEO. As the Nash-Team notifies, users can expect in March, with the decentralized Exchange (DEX).
By Phillip Horch
19. February 2019BTC$3.966,43 3.88%Facebook Twitter LinkedIn xing mail
With his White Paper for Bitcoin Satoshi Nakamoto gave an approach for an alternative electronic monetary system, which is based on a crucial aspect: It is decentralized. The global distribution of all participants is a Central point of attack is missing from the money system. This absence of a Single Point of Failure makes the Bitcoin Blockchain, ultimately, so secure: attacker can’t hack the System.
Why decentralized Exchanges (DEX)?
Now most of the trading venues on which to trade Bitcoin and its offspring have exactly this Problem. They are centralized, the data are usually poorly secured servers. Examples of how the canadian stock exchange Quadriga CX, or the legendary case of Mt.Gox illustrate this fact on the part of a frightening way. Crypto-currencies may not be safe, the stock exchanges, it is however often.
However, the crypto-Community would not be the crypto-Community, if you would have this problem no way out of Europe. The solution to the centralisation problem: decentralized Exchanges, or, in short: DEX. The idea is similar to Bitcoin. By outsourcing to many different participants, rather than the concentration on a single computer, less attack surface, and thus more safety. to realize
this now, the developer team of Nash, to bring soon a DEX under the crypto people. The DEX from the house of Nash should be based on the crypto-currency the NEO. Like Nash-the CEO Fabio Canesin in a presentation announced, is to keep the new DEX, however, many of the advantages of centralized stock exchanges, to set without the security of a DEX. Canesin described the upcoming platform, and as a Finance platform for the future Digital Economies.
Read also: The 5 big opportunities for Bitcoin in 2019
Nash-Team, $ 100,000 from the
writes To as many users as possible for the upcoming Nash-to the delight of Dex, the team of developers for a price of US $ 100,000 in Bitcoin:
Pre-register your Nash account by participating in our referral program and you could win up to $100,000 in Bitcoin! To be able You can find a sign-up code by searching for our hashtag #trust yourselves https://t.co/yUNpyor2RS
Nash (@nashsocial) February 17, 2019
in order To win the prize, users have to register finally online for the DEX. For securing a wide Akzzeptanz the Team although has obtained the permission of the US authorities. Thus it is also available to users in the United States, your crypto-currencies, decentralized action.
The biggest competition is expected to get the Nash Team from Shanghai. Because it is the crypto-exchange Binance, which operates under CEO Changpeng Zhao is currently working on a DEX.
The Nash-DEX is intended for customers from the 31. March 2019.
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