https://dec777.com/

The crypto market is entering a new uptrend season, and it is easy to see DeFi as a guide in the next growth cycle of Crypto.
Thanks to the value of the phrase "DeFi", Ethereum (ETH) has a comeback, the strongest growth in two consecutive quarters in 2020.
Some other currencies such as Chainlink (LINK), Aeve (LEND), Balancer (BAL), Band Protocol (BAND),… also saw outstanding growth in both capitalization and value. Specifically, BAND has grown at 5166%, LEND is no less when reaching 3771% in value.

Exchanges are also not out of this game when launching a series of trading apps that integrate decentralized functions such as BinanceDex, Uniswap, Justswap, ..
Today, we will learn about https://dec777.com/ - a new Defi exchange project that brings together the most outstanding advantages of blockchain - solving the problem of the security vulnerability of DeFi and blockchain.

1. WHAT IS DEC777 ?

DEC777 is a Decentralized Exchange (DEX) https://dec777.com/ platform built on top of the ERC777 (Ethereum blockchain) platform - a new type of platform that allows DEC777 to be more secure and avoid attacks. from hackers in transactions and storing cryptocurrencies.

DEC777 is positioned as an exchange that can build and develop a decentralized database - realizing the nature of the decentralized transaction network, true to the nature of DEFI.

2. MEASURING PROBLEMS MUST BE IN BLOCKCHAIN ​​TRANSACTIONS?

• Security: Most transactions today are done on centralized exchanges such as Binance , Huobi, Okex, Bitmax, ... Hackers use Ddos attacks to steal a lot of assets and data. stored on the floor.
• Transaction fees: Expensive transaction fees are always a concern, most importantly centralized exchanges intervene and can adjust this transfer / withdrawal fee according to their preferences. On old and outdated protocols such as ERC20,… peak fees can go up to over 100 - 200 $ per exchange.
• Trading limits: Currently all DeFi exchanges only allow immediate order market execution, which is very difficult when the investor cannot have the right to pre-order exchange orders such as desire.
• from external factors such as terrorism, intervention of organizations / governments or vulnerable to cyber security attacks directly into the system endangering users' property and information.
• Market manipulation: About 40% - 60% of transactions on cryptocurrency exchanges today come from Automatic Bots - trading software written to create a wall to buy and sell and manipulate prices. on the market.
• Cross-chain: The cross -chain technology has been applied to decentralized exchanges, but it is still not completely thorough when there is still a need for third-party confirmation, internet connection is required to be able to trade.

3 . WHAT IS DEC 777 TO SOLVE?

Most of us do not fully understand the concept of blockchain, although we say that we buy and sell crypto transactions on the blockchain platform, but we choose centralized exchanges to store money and assets. In other words, money and Bitcoin (BTC), your altcoin are put on the exchange's wallet, held by the exchange.
Looking back at the attacks historically over the past decade, most crypto attacks have come from centralized exchanges, costing billions of dollars each year. The most typical example is the hack of the Mt. Gox happening in Japan which lasted from 2011 to 2014 took away 792,500 BTC, making the exchange incapable of operation and stopped trading permanently. And a lot of investors suffered heavy losses in this attack.
All investors need a robust, secure, and secure exchange environment, where they can safely trade, invest and perform a variety of functions, while remaining in control. Full control over all of its assets.
No intermediaries, no government intervention, complete transparency and safety of your property.

4. WHAT IS THE SOLUTION OF DEC777?

• ERC777: Instead of using old technology platforms like ERC20, DEC777 uses the ERC777 platform, which gives them more control over their tokens. It redefines various functions of the ERC-20 token to reduce friction in transactions.
• White / Black List: Another feature of the ERC-777 token is the ability to whitelist and blacklist. Listed addresses with a successful transaction history give them an additional level of trust, while DEC777 may reject transactions related to blacklisted addresses due to hack history or other Other risky transfer issues.
• Free transactions: All transactions generated by DEC777 sellers and buyers are completely free. Anytime you can withdraw your tokens for free on the DEC777 platform. The fee for listing your token on an exchange will be charged and announced via the exchange's DEC or possibly free (depending on the period).
• Unlimited Order Book: Unlike other Defi exchanges, investors who want to buy tokens or coins have to wait and see for the best price. DEC777 saves you time (Saving Time) by allowing you to place unlimited buy / sell orders. This is something that no Defi exchange has been able to do yet.
• Distributed Database : The hashing mechanism with hash functions and database distribution helps DEC777 avoid almost all network attacks, including Ddos attacks. And DEC777 is not under the control of any other agency or organization, and is absolutely secure for users.
• Free trading: Transactions between two buying and selling parties are conducted freely and very transparently, there is no automatic trading bot, no exchange intervention changes the operating mechanism. of the market. That is the characteristic decentralization of DEC777.
• Dec777 swap: Token swap is part of DEC777's development plan. The special feature here is that the DEC777 only acts as a door for buyers and sellers to exchange assets with each other. This activity will take place even if you don't need internet connection, in Disconect Network state you can still access DEC777 and trade. That means your (Balance) account is always in a state like a cold wallet (Harward Wallet), helping to defend against Hacker attacks, as opposed to currently storing assets on exchanges. concentrate.
• Stablecoin DEC: After going into the development roadmap DEC777 will launch the Stablecoin code, which is anchored directly on the basket of currencies of major cryptocurrencies and the DEC777 token itself. That helps to bring stability to the Stablecoin to avoid exchange rate fluctuations when the dollar has strong exchange rate fluctuations.

Up to now, the total capitalization of the DeFi market has only reached about $ 10 billion, the development potential of this segment is very large and expansive. However, the later, DeFi projects will be more carefully selected as a market purification step.
Colorful, dreamy and without any value drawing cakes will be removed from the track, then your risk will be extremely great when investing in these garbage projects.
On the contrary, a project with a clear roadmap, existing product like DEC777 has a place and is worth choosing in your portfolio.
It is very difficult like treating diamonds in the heart of the desert, but it must be understood, the DeFi exchange project is the array that helps create the most sustainable value for the blockchain ecosystem and the cryptocurrency industry.
On the off chance that thе DEC777.COM mаkеѕ DEX mоrе secure, thе direct outcome wіll bе аn increment іn trust іn cryptographic forms of money, driving tо thе worldwide acknowledgment оf digital currencies аnd exchanges.

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WEB: https://dec777.com/

WHITEPAPER: https://dcf.dec777.com/

TELEGRAM: https://t.me/newsmargindex

TWITTER: https://twitter.com/dec777official

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BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1072412

Email: [email protected]
Author:
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