INTRODUCING DRAKEN PLATFORM — A DIGITAL DECENTRALIZD MARKETPLACE FOR CRYPTOCURRENCY ASSETS

in blockchain •  4 years ago  (edited)

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The cryptocurrency trading and marketing are entering a replacement uptrend era, and it's simple to work out DeFi as a guiding angel within the subsequent growth sequence of the Cryptocurrency market.

Appreciations to the benefit giving to the expression "DeFi", Ethereum (ETH) features a recovery, the foremost robust development in two consecutive fractions in 2.

Exchanges even have played an important part when launching a gaggle of trading apps that integrate decentralized features like BinanceDex, Uniswap, Justswap, Sushiswap, and far more.

Today, ready to| I'll are going to be ready to explain and provides an insightful review of 1 of the groundbreaking exchange which can take over the decentralized exchanging world the project name is DRK Exchange - a singular Defi exchange platform which brings mutually the foremost distinguished advantages of blockchain - solving the matter of DeFi security vulnerabilities and blockchain facing.

WHAT DRK IS ALL ABOUT?

DRK could even be a decentralized exchange platform developed on top of ERC20 blockchain - a newly developed platform that permits DRK exchange to strengthen security and evade hacker attacks in cryptocurrency transactions and storage.

DRK could even be a decentralized exchange that umbrella building and developing a decentralized database - realizing the essence of the decentralized transaction network, faithful the character of DEFI.

THE PROBLEMS ASSOCIATED WITH BLOCKCHAIN TRANSACTIONS?

Security: The transactions which occur today are made on centralized exchanges like Binance, Kucoin, Okex, Hotbit. This Hackers use DDoS to attacks several exchanges to steal many multimillion assets and data are stored which are on the floor.

Transaction Fee: Most exchanges transaction has expensive transaction fees which are usually a priority, this occurs mainly on centralized exchanges intervene and will resolve this deposit/withdrawal fee consistent with their choices.

Order Limit: Currently, all DeFi exchanges only place the order market, which is extremely difficult when the investor cannot have the proper to pre-order the specified exchange order.
from external factors like terrorism, the intervention of organizations/governments, or susceptible to cybersecurity attacks directly into the system endangering users' property and knowledge.

Market Manipulation: About 30% - 60% of transactions on cryptocurrency exchanges today come from Automatic Bots - trading software designed to make a wall to buy for and sell and manipulate prices within the market.

Cross-chain: Cross-chain technology has been applied to decentralized exchanges, but it's still not completely thorough because it still requires 3rd party confirmation, internet connection is required to be ready to trade.

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WHAT IS DRK EXCHANGE OFFERS TO UNRAVAL THE HIGHLIGHTED PROBLEMS?

Most folks don't fully understand the concept of blockchain, although it's said that trading transactions by crypto on the blockchain platform, but we elect centralized exchanges to store money and assets. In other words, money, and Bitcoin (BTC), your altcoin is placed on the exchange's wallet, held by the exchange.

All investors need a robust, secure, and secure exchange environment where they go to securely trade, invest, and perform a variety of functions, but still retain control. Total control over all of its assets.

Do not undergo any intermediaries, haven't any government intervention, be completely transparent and safe for your property.

THE SOLUTION OF DRK?

White / Black List: Another feature of the ERC-20 token is that the facility to whitelist and blacklist. Listed addresses with a successful transaction history give them an additional level of trust, while DRK may reject transactions associated with blacklisted addresses due to hack history or other the transfer issue is of another risk.

Free Transaction: All transactions generated by sellers and buyers on DRK are completely free. At any time you'll withdraw your tokens for free of charge of charge on the DRK platform. The fee for listing your tokens on an exchange is becoming to be charged and announced via the exchange's DEC code or it is often free (depending on the period).

Unlimited Order Book: Unlike other Defi exchanges, investors who want to buy for tokens or coins need to wait and see for the sole price. DRK saves you time (Saving Time) by allowing you to put unlimited buy/sell orders. this is often often often something that no Defi exchange has been ready to do yet.

Distributed Database: The hashing mechanism by using hash functions and database distribution helps DRK avoid most network attacks, including DDoS attacks. And DRK isn't under the control of the other agency or organization and is completely secure for users.

Market Free Trade: Trading activities between two buying and selling parties are conducted freely and really transparently, there's no automatic trading bot, no floor intervention that changes the operating mechanism of the market. that's the characteristic decentralization of DRK.

DRK swap: Token swap could also be a component of DRK's development plan. The special feature here is that the DRK only acts as a door for buyers and sellers to exchange assets with one another. This operation will happen albeit you're doing not need an internet connection, in Disconnect Network state you'll still access DRK and trade. meaning your (Balance) account is usually during a state quite a cold wallet (Harward Wallet), helping to defend against hackers attacks, as against currently storing your assets on exchanges. concentrate.

Visit the links below for more information

WEBSITE: https://draken.tech/
WHITEPAPER: https://drive.google.com/file/d/1mHtV50CktdFCyD_NaH370sZ8sOBehgce/view
TELEGRAM : https://https//t.me/Drakentech
FACEBOOK : https://www.facebook.com/DRKDEX
TWITER: https://twitter.com/DRKDeFi
DRAKEN DEX https://draken.exchange/
DRAKEN ENTERTAINMENT https://www.drakenx.io/play
STAKING PLATFORM : https://staking.draken.tech/
DRAKEN BLOCKCHAIN : https://explorer.draken.tech

Author Information

Username: reflewwebb
BTT Link: https://bitcointalk.org/index.php?action=profile;u=2858480
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