The previous article about adonx spouts some interesting features about the new blockchain project. The mission or the vision of Adonx.one itself is pretty clear, which is creating eligible and affordable or near-zero trading fee digital exchange. Adonx addresses the real hidden problem of fees in a digital transaction.
But then, is it a good project to join? Since the project is still in a development stage, in the pre-sale phase, that would be hard to say yes or no. But there is some information that you can learn from it, including the features, the token allocation, fund usage, and some other interesting things about the project. So, without further ado, here is what you should know.
WHAT IS ADON?
Adon is a blockchain based, efficient, anonymous, open source, decentralised, resilient, transcendent and powerful general purpose cryptocurrency for everyday use and powered by CryptoNote Technology. Adon is blockchain based digital currency that allows inexpensive, fast e-payments among people and
FEATURES OF THIS PROJECT
Some of the highlight features include a multi-layered security system. Adonx highlights the usage of four authorization levels, including strong password, 2-factor authentication, pin-based authorization, and OTP. It helps in creating a secure exchange platform for both exchanging or escrow services.
Another fascinating feature comes as a vanity address to create custom deposit identification. Adonx, address that the ability to custom the address will make it more unique yet identifiable. It will be useful for B2C or B2B types of transactions. There is also an account alias that helps to exchange tokens from the different wallets.
A STABLE BLOCKCHAIN
Adon is an efficient, anonymous, resilient, transcendent, powerful, decentralised and open source general purpose crypto currency built on Cryptonote Technology with inexpensive and fast peer-peer transactions.
A GREAT JOURNEY BEGINS
"Adon combines all the best and amazing features of CryptoNote cryptography in addition to its unique and powerful features. It offers end users the best authentic experience they can have with a CryptoNote currency."
ADONX TOKEN
ADONX is ERC20 token on Ethereum blockchain, exactly 21M tokens will be minted, more than 80% of unsold tokens from the sale will be burned in each stage. Remaining tokens will be utilized towards airdrops & bounties.
ADONX Token will be used as payments method for different services available on Adonx eco system, or where ever
ROAD MAP OF ADON PROJECT
Adonx.One the Payment System for brand new digital Economy.To provide easy, fast, innovative, state-of-the-art, secured are powerful crypto exchange, escrow & payments platforms.Most of the crypto startups and little traders square measure suffering from high listing fees and trading fees. Adonx platform aimed to list all eligible projects with impressively low listing fees and supply close to zero trading fee expertise to traders.
Adonx.One Features
“Making trade-associated crypto commerce unconditional and better for everybody by providing an exceptional platform to shoppers and businesses, Makes it universally, easy, accessible, and useful.”
#. Multi-Layered Security
Adonx backend is constructed on a multi-tier application design, and everyone’s requests can continually flow through multiple security layers to fulfill the request. Adonxxxx platform has been architected carefully to mitigate/minimize security problems and vulnerabilities in several stages, a number of them however not restricted to move level, application level, and storage level security problems.
“Secure Sockets Layer is usually enforced once and where applicable within the transport layer. knowledge encryption/decryption is usually enforced in many layers wherever ever applicable. Adonx platform by default supports the following user-level security”:
Most of the endpoints are being protected by second-level authorization. Configuration choices are on the market per feature on their account settings page. All security layers are monitored, analyzed, and audited daily, patches and updates are updated whenever needed.
#. Multi Crypto Wallets
Different blockchains have different wallets, each user is expedited with a distinctive billfold address per blockchain, a number of them will be mobile ( i.e., user can get a replacement address each time they receive a deposit, possibility|this feature|This selection might or might not be on the market relying upon alternative options user change or blockchain type) associate degree option is out there in their settings page.
#. Crypto billfold Address
Crypto billfold addresses comprising a string of alphanumeric characters, these addresses are generated on a blockchain employing a set of personal and public cryptologic keys. The length of the address might vary on underlying blockchain technology and it’s exhausting to recollect thanks to its randomness and length. Example of bitcoin address as illustrated below
19WLgARaJpbzceJptrDQTfYSS6uQSKRxcs
#. Vanity address
A vanity address may be a customized crypto billfold address on the blockchain, these varieties of address is also helpful for business users on B2B, B2C kind of business, an example of bitcoin vainness address as illustrated below:
19EmmaCoffeepbzceJptrDQTuQSKRxcs
The complexity of generating a concept address betting on its pattern and sure criteria and generally it's going to take a great deal of your time to come up with such an address betting on its complexity. Adonx planned to support such vainness addresses on supported blockchains. The applicable fee is charged betting on its complexness and time to come up with.
“Caution: vainness addresses will create it attainable for anyone to form an address that resembles another vainness address. they're not special or give any quite further security or any options, they're similar to alternative addresses on blockchain except they are personalized”.
#. Account Alias
Adonx platform provides a distinctive aliasing system that is straightforward for users to deposit from anyplace associate degree time while not working into an actual user account. Users can have associate degree choice to establish an alias name for their account, these aliases can give access to urge their deposit address for various wallets. A typical account alias can seem like as below
Anyone will see the address of a wallet if they apprehend the alias of a user on the Adonx platform. To secure this behavior a layer of security is further with OTP/2FA, therefore the user has to give expirable OTP/2FA code to 3rd party alongside alias to ascertain the address of the billfold. Alias security is configurable, you'll create it personal with OTP/2FA/PIN security, or altogether you'll create them public. It’s up to the user call. This feature can change users to create fast deposits to their billfold from anyplace anytime while not signing language into their account.
#. Atomic Swap
An atomic swap may be a method of exchanging one cryptocurrency for one more while not having a lot of work concerned. Usually, coin/token owners perform this task once their existing blockchain/code/protocol is deprecated and that they wish to introduce a replacement blockchain or with a replacement protocol. it'll be a huge work for them to gather all deprecated coins/tokens from their users and send new coins/tokens as a replacement. Adonx solves this with the atomic swap feature, coin/token house owners initiate swap of all previous wallets with previous coins with new wallets with new coins while not further complexness or calculations.
#. Airdrops
A bringing may be a distribution of crypto coins/tokens to huge billfold addresses, typically for gratis. Airdrops square measure accustomed to gain attention and new followers to extend the user base. Adonx platform supports bringing features. Coins/token house owners, enthusiasts, and promoters will perform this type of complicated bringing with no further complexness.
#. Exchange Services
With the extremely scalable matching engine, it will face up to high load and may method various orders per minute.
Adonxx is an efficient, anonymous, resilient, transcendent, powerful, decentralized, and open-source general-purpose cryptocurrency built on Cryptonote Technology with inexpensive and fast peer-peer transactions.
● Bounties ANN: https://bitcointalk.org/index.php?topic=5320459.0
● Airdrop: https://t.me/ADONXairdropbot
● Bitcointalk: https://bitcointalk.org/index.php?topic=5320460.0
● Whitepaper: https://adonx.one/assets/docs/whitepaper.pdf
OFFICIAL SOCIAL NETWORK LINKS
● WEBSITE : https://adon.network/
● GITHUB : https://github.com/adon-net/
● Medium: https://link.medium.com/vZjUjCa15db
● DISCORD : https://discord.gg/UrTctGD
● TELEGRAM : https://t.me/adon_coin
● TWITTER : https://twitter.com/network_adon
● REDDIT : https://www.reddit.com/u/adon-net
● FACEBOOK : https://www.facebook.com/adon.network/
AUTHOR
Forum Username: Kobro
Forum Profile : https://bitcointalk.org/index.php?action=profile;u=1152789