Qredo - Solutions To Match Your Needs

in new •  3 years ago 


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Each of us, when we want to invest or spend a large amount of money on something, we have high demands on its final results and quality. And for a great result, the management must be extremely tight and always under our control. If you are an electronic marketer or your work is related to the electronic market then I am sure that you are well aware of the transparency and clarity of Blockchain.

  • In today's era with the explosion of information, with the miraculous advances of science and technology, with the great development of the market economy, everything can be replaced by the first things. up. and more modern. To meet the needs of people, cryptocurrency was born with the purpose of making it easier and simpler for people to transact everything. One of the leaders in this crypto space is the Qredo platform.

Qredo is a network that enables the Defi management of digital assets with institutional security. They provide users with access to the network to create and manage funds, store assets, and execute low-cost instant transactions with user-defined custody rules.


Features of Qredo

  • No point of failure: The Qredo network is designed and architected to allow participants to eliminate any point of failure. Decentralization is key to Qredo's ethos, and Qredo is on a clear path to becoming a fully autonomous, decentralized organization.
  • Powerful and Secure: Security is built into every step of the Qredo development process. Do not use smart contracts and do not wrap tokens. Pioneering technology means your Layer 1 private keys are never generated.
  • Layer 2 Networks: Enables greater flexibility and transaction speed as well as interoperability with Layer 1 networks. You can move content for a fraction of the cost inherent to Layer 1 networks.
  • Put Your Assets to Work: Qredo uses a single Blockchain to record ownership of your digital assets on other Blockchains. This means you can send and receive any asset to or from any other Qredo member instantly and cheaply.
  • Total holdings transparency: Designed with fail-safe liquidity solutions in mind, meaning you can always trade activated assets. The integrity of the Qredo network allows you to verify at any time that your ownership of the Layer 2 funds directly is equal to the Layer 1 funds that support them. Qredo's ability to pay is transparent, verifiable, and always visible.
  • Wide range of custody rule combinations: Custody rules can be tailored to fit the widest range of scenarios and combinations possible. This means you can have detailed custody of every transaction or withdrawal. It also ensures that access to funds can be activated in the event of death or injury.
  • Ultra-Fast Settlement: The Qredo Network uses Tendermint technology to enable both settlement and distribution of assets on the underlying Blockchain in less than 1 second.

    Structure Qredo

  • The Qredo network consists of two cryptographically linked protocols that work in sync to provide privacy and non-repudiation:

image.pngLayer 2 is a decentralized DPoS Blockhain that acts as middleware, allowing decentralized custody and atomic swaps between asset exchange partners: Layer 1, e.g. BTC, ETH…

Layer 3 is an encrypted communication network, a decentralized primitive cryptographic and identity structure from the Layer 2 Blockchain as one of the building blocks for delivering messaging. Layer 3 can be used to issue RFQs – Request Quotations to Market Makers, conduct private pre-commercial negotiations, or execute Travel Rule information about a specific transaction between assets. regulated product Service provider – VASPS. Once the transaction is approved on the Layer 3 network by the self-appointed custodians of both parties holding responsible governance, it is recorded on the Layer 2 blockchain automatically.



Roadmap of Qredo

Currently V1 Mainnet

  • Qredo operates 6 validators.
  • Qredo Wallet is built on Qredo Core Client.
  • The Qredo Signing app enables multi-monitoring operations.

Q3 2021 – V2 Testnet

  • Strategy validators are recruited with incentives, functions.
  • The Qredo governance token is given to the acceptor, the user.

Q1 2022 – V2 Mainnet

  • Validators receive a share of the network revenue.
  • Complete the transition to DAO governance.

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Token Allocation

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Token Release Schedule

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Summary :

Qredo's vision has been met with keen interest, as a number of investors globally helped drive the early stages of the project's mission.

  • In my view, I believe the Qredo platform is poised to create a crypto revolution in the future. Using modern technologies to improve the quality of Blockchain technology for investors. At the same time, as you understand, the integrated blockchain technology can do all the work quickly, efficiently, and most importantly, transparently. Does not include reality like other industries.



WEBSITE: https://www.qredo.com/
TWITTER: https://twitter.com/QredoNetwork
LINKEDIN: https://www.linkedin.com/company/qredo
TELEGRAM: https://t.me/qredonetwork
DISCORD: https://discord.gg/bgVPvf6
GUTHUB: https://github.com/qredo

Author:
Telegram: @Tounbit
Email Qredo: [email protected]

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This is such a wonderful product! One question though, how centralized exchanges like Deribit would integrate with Qredo network? Suppose Deribit utilize the Qreto network to safeguard their customer's crypto assets, how would trading in Deribit happen behind the scene? Does it involve Deribit bringing their liquidity into the Qreto network?

How many coins will there be on the trading Day?

I wonder if Qredo can pose a threat to cold storage manufacturers.

super

How to buy this?

good article