Bitcoin Forum

Alternate cryptocurrencies => Service Announcements (Altcoins) => Topic started by: Lucas95 on June 12, 2018, 01:06:29 PM



Title: Qurrex_Advantages of hybrid architecture
Post by: Lucas95 on June 12, 2018, 01:06:29 PM

The combination of CEX and DEX in one service will create a universal exchange with the maximum number of advantages of both systems. Despite the emergence of innovations, centralization will remain in the long term a reliable and effective tool for the traders. So, the possibility of partial pre-deposition of funds with a guarantee of obligation fulfillment is realized only in traditional exchanges. Also, CEX provides high capacity, when as new solutions in this area are still at the stage of their development.

In turn, DEX provides a unique chance to make altcoins and tokens that are issued to provide ICO liquid. Decentralization also makes it possible to completely eliminate the frequent technical problems that arise at the central nodes. DEX is a more understandable and transparent mechanism aimed at reducing risks, even if at present we have to accept the fact that the waiting time remains rather long. But this is nothing compared to the security of storage facilities that the decentralized system provides.

At the stage of online exchanges development, the hybrid systems will put their best foot forward. Practice shows that the declared as fully decentralized services still depend on the centralized nodes. It includes such issues as keeping order books, reserves for collateral, matching incoming orders and selecting the technology for mutual settlements. That’s why Qurrex’s goal is the effective application of the two standards, and a lot of technical work has been carried out and is still being carried to implement the project. In the nearest future, the MVP testing capability of the matching engine will be implemented.