afdalah12: QURREX - First High Performance Cryptocurrency Exchanger of the International Trade Platform

Hallo meet me again sarta afdal, I will explain Blog I will introduce about QURREX project, and for more details let's go to the following discussion:

But before joining ICO program we must know first what is QURREX project. Qurrex establishes an industry standard in crypto-economy for universal cryptocurrency exchange - which can ultimately be attained only by existing platforms after years of independent effort. This platform will be the first currency exchange cryptocurrency based on the high performance architecture of the leading international trading platform. Instead of responding to market demand "yesterday", it was designed for the future - for an impending growth boom in cryptocurrency trade.

In addition, the project will be an important factor in crypto-economic development, as it not only meets the demands and solves the current user problems of the existing exchange platform, but also creates favorable conditions for the new wave of participants. currently not represented in the crypto world. As a demo model, we have set up a test web version of the trading terminal that will serve as the interface for our exchange system.

The test version can reflect current quotes for key digital currency pairs, provide trade and analytical capabilities, and provide news feeds from multiple sources. Currently, the end of the client service - platform functionality for social and investment trades - is 60% operational. At the back of the exchange system, the concept of CEX and DEX delivery has been developed, and work has begun on a separate part of the system, for a readiness level of about 20%. In early February 2018, an order-matching module will be launched in test mode and presented for external load testing.

Initially, the Qurrex platform was designed exclusively as a centralized cryptocurrency exchange system. The reason for this is related to the team background: having worked for over 10 years on the creation of various exchange systems and brokers and products for traditional markets, we have inadvertently become adherents of this approach. However, research into distributed networks as part of the current project delivery leads us to new approaches and tools to solve many of the problems we have faced over the past few years. Here we are referring, first and foremost, the need to increase the liquidity of separate instruments, as well as to increase client trust in unregulated infrastructure providers.

The result of our investigation is the understanding that, to create an effective exchange system and meet the demands of various circles of users, what is needed is a harmonious harmonization of centralized and decentralized elements.

The main thing that we understand is the fact that, in infrastructure prepared to handle assets, the community potential behind the public blockchain network must be taken into account, because it is precisely this community that is

the basis of the future crypto-economy.

To provide a convenient tool for clients to execute operations and maximize liquidity, we formulate our approach in the following ways:

• Centralized exchange (CEX) will, in the long run, remain the most effective solution in creating maximum liquidity probability in most types of trading instruments;

• At present, only in a centralized infrastructure that makes some of the most effective pre-deposit funds possible (the function of ensuring transaction fulfillment is always done by the central link of the infrastructure) and this technology, in our view, will eventually be introduced to the cryptocurrency market;

• Decentralized exchange (DEX) with high capacity remains, unfortunately, an objective that can not be achieved in the medium term, while clients need high quality services now.

With this, we believe that:

• Finally, the obstacles to creating high-capacity DEX will be overcome

DEX is an indispensable tool for creating liquidity in low liquidity instruments such as tokens issued as part of ICO or any number of altcoins;

• DEX is a natural protection of technical problems that must occur from time to time at the central node of a centralized system;

• DEX is the most understood and most transparent mechanism for reducing risk around the functionality of an infrastructure center connection, even at the expense of other product quality (processing time of operation, for example).

This approach lies at the heart of our system and inspires us to simultaneously create successful, advanced, and effective central projects, and to move forward, heed the call to build and utilize a decentralized system.

SOLUTION

See the clarification and detail of the new DEX concept on page 56

Attempts by developers to solve the problem of speed, liquidity, collateral and algorithms for matching trade operations have led to the emergence of a decentralized trading platform dependent on centralized services, which solves the problem of keeping order books, keeping reserves for collateral, matching order entry and choosing technology for collective settlement . Such centralization raises questions to solve the global problem of vulnerable intermediary presence. From our perspective, most of the technical solutions in these projects are basically marketing innovations that aim to secure better product sales.

Main feature

HIGH PERFORMANCE, RESTORED AND RELIABLE CURRENT MODULE

Throughput> = 70,000 trx / second.

Latency: <= 650μs and 99%

Capacity> = millions of connections

No data missing

HIBRID INFRASTRUCTURE

Integration of CEX and DEX with Single Order Book

CEX with high-end performance for algo traders and HFT

DEX with high liquidity from the Single Booking Book

NEXT GENERATION SECURITY LEVELS

Traditional Exchange System Security Infrastructure

Safe «cold storage»

«Hot» wallet insurance program

Supervision by a recognized IT Security Company

WIDE FUNCTIONS

The Algo trading function is embedded in the GUI

Automatic copy trading signals

Various analytical tools & charts

Social Trade Segment

Information Services (Market Resources and Real Time Analysis)

Non-Trade Segments (Corporate Services, Market Technology, Trade Management Services)

LIQUIDITY

We plan to provide the Qurrex with high liquidity thanks to:

Cooperation with large liquidity providers

The liquidity fund of Qurrex is sufficient

Best practice in launching new instruments

TRANSPARENCY

We will be the first in the cryptomarket to act as a traditional public company

Maximum formalization of all processes (rule book, etc.)

Regular disclosure of financial statements and reports

Annual audit by Big 4

HYBRID EXCHANGE BUYING FUNCTIONS:

the establishment of an aggregate order book based on citations collected from all system nodes (both centralized and decentralized nodes);

distribution of aggregated order books to blockchain nodes;

choice of blockchain node with the best instrument / quotation price to place an order sent by the client (if the order can not be marketed, it is included in the order book of the original system node);

sending orders to selected system nodes (for marketable orders); entry of information on the order into blockchain (for order queue);

confirmation of acceptance of implementation.

BEST LOGICS IMPLEMENTATION:

Each node of the hybrid exchange provides the Best Execution service to the user. Brokerage firms operating in countries with emerging financial markets are required to provide the Best Execution service. In Qurrex this service is implemented by a special module - Smart Order Router, which is part of all blockchain nodes, including centralized nodes (CEX).

Layar Ditembak 2018-04-04 pukul 9.18.31 PM.png

Blockchain Qurrex DEX is built from two types of nodes: confirming user nodes and nodes. The DEX protocol allows confirming nodes to fill other nodes as commissions for transactions and transactions. Commissions are charged in cryptocurrency transactions (transactions).

There is a special type of trading command: DEX Cross-Chain cross-platform atomic orders (transactions). Cross platform commands are only charged once, when placed in a decentralized node. Orders are included in blocks as DEX transactions, while nodes confirm their commission fees.

Qurrex creates special cryptocurrency (qBTC, qETH). Merchants may redeem this crypto currency via DEX and the transaction will be charged for the transaction itself, not for separate blockchain transactions.

ICO QURREX Detail

Public pre-sale period: 27 February - 27 March

Fixed selling price: 800 QRX = 1 ETH or equivalent in BTC / LTC

Volume min: 15 ETH or equivalent in BTC / LTC

Maximum volume: 17 m QRX

Bonus policy for public pre-sale:

For contributions from 15 to 30 ETH, we will credit 5% additional tokens;

For contributions from 30 to 150 ETH, we will credit 15% additional tokens;

For contributions from 150 to 750 ETH, we will credit 25% additional tokens;

For contributions from 750 and over ETH, we will credit 40% additional tokens.

For each interval, the upper limit is not included.

TOKEN-SALES