Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: CoinMonkey.io on August 29, 2018, 04:42:02 PM



Title: 🔥🔥🔥[ANN] 🔥🔥🔥MonkTradeX Protocol, BMO coin ready! Join Discord and get MN!
Post by: CoinMonkey.io on August 29, 2018, 04:42:02 PM
Hi everyone!

Today we want to tell you about our MonkTradeX protocol.

Idea

Nowadays there are no really decentralized exchange platform (DEX). In that time centralized exchangers (CEX) are bottleneck for all crypto economy more than 10 years. They obey to government laws they are controlled by the little number of persons, they are manipulators. We are here to change it!

We started developing decentralized asset exchange protocol MonkTradeX. To build MonkTradeX protocol we need our own masternode coin.

Usually masternodes make some operations with transactions (encrypting and get reward for this action). Our idea is to build network where masternodes perform the function of exchange servers and get rewards in BMO for each proceeded trade. In this way our exchange platform will not have a specific owner because the main role will be distributed between thousands of masternodes all over the world.

It will be impossible to block a deposit or trading features for some person, it will be impossible to deny listing of a new coin, it will be impossible to stole a deposit.

Realization

Some days ago we have released our MN coin - BMO and started coin distribution. More network holders - more decentralization!

If you are interested - join our Discord Community, ask your questions, tell us your ideas. We really need you support!

P.S. Also we have some hot surprises from our friend Danica - join Discord channel to stay in touch.




*****************JOIN OUR DISCORD*****************
https://discordapp.com/invite/kCyhNUh
***************************************************




*****************MonkTradeX Roadmap*****************

https://coinmonkey.io/images/bt/MonktradeXRoadMapS.jpg

General Info
Name: Bitmonk
Ticker: BMO
Type: MN/POS/POW
Algo: Scrypt
Collateral MN: 250000
Block Time: 1 min
POS maturity: 12 h
POS/MN stage start: 4th of September

Off links

WebSite: https://bitmonk.coinmonkey.io/
Discord: https://discordapp.com/invite/kCyhNUh
Github: https://github.com/CoinMonkey/

Wallets
Windows (installer): https://coinmonkey.io/download/BitMonkSetup.exe
Linux daemon: https://coinmonkey.io/download/bitmonkd

Pools
-a scrypt -o stratum+tcp://mktechpools.xyz:3435 -u WALLET_ADDRESS -p c=BMO
-a scrypt -o stratum+tcp://pool.tera.tn:3433  -u  <WALLET>  -p c=BMO
-a scrypt -o stratum+tcp://eu1.protopool.net:3433 -u BMO_ADDRESS -p c=BMO
-a scrypt -o stratum+tcp://s.umine.org:3433 -u ADDRESS_BMO -p c=BMO


Title: Re: 🔥🔥🔥[ANN] 🔥🔥🔥MonkTradeX Protocol, BMO coin ready! Join Discord and get MN!
Post by: CoinMonkey.io on August 29, 2018, 05:02:29 PM
We welcome any questions about MonkTradeX and ideas :)


Title: Re: 🔥🔥🔥[ANN] 🔥🔥🔥MonkTradeX Protocol, BMO coin ready! Join Discord and get MN!
Post by: BlueWings on August 30, 2018, 02:34:37 PM
Chinese Translation Reserved
Thank you dev


Title: Re: 🔥🔥🔥[ANN] 🔥🔥🔥MonkTradeX Protocol, BMO coin ready! Join Discord and get MN!
Post by: marysay12 on August 30, 2018, 04:04:36 PM
would be awesome if someone could setup another pool for this nice project


Title: Re: 🔥🔥🔥[ANN] 🔥🔥🔥MonkTradeX Protocol, BMO coin ready! Join Discord and get MN!
Post by: ganegani91 on August 30, 2018, 04:16:44 PM
now indeed the exchange is centralized very crowded. if you are going to make a decentralized exchange, it will be very acceptable to the people of Crypto
but that is limited to my filling


Title: Re: 🔥🔥🔥[ANN] 🔥🔥🔥MonkTradeX Protocol, BMO coin ready! Join Discord and get MN!
Post by: dzkrb on August 30, 2018, 04:28:36 PM
You wrote. "At that time centralized exchanges (CEX) were a bottleneck for all crypto-economics for more than 10 years, they are controlled by a small number of people, they are manipulators." We are here to change it! ". And how will you fight? Will you dump prices?


Title: Re: 🔥🔥🔥[ANN] 🔥🔥🔥MonkTradeX Protocol, BMO coin ready! Join Discord and get MN!
Post by: hashcoin on August 30, 2018, 05:46:56 PM
BMO coins or better known as bitmonk are faithful coins where the aim of this project is to change unfaithful exchanges. How will it be realized?


Title: Re: 🔥🔥🔥[ANN] 🔥🔥🔥MonkTradeX Protocol, BMO coin ready! Join Discord and get MN!
Post by: CoinMonkey.io on August 30, 2018, 08:20:46 PM
You wrote. "At that time centralized exchanges (CEX) were a bottleneck for all crypto-economics for more than 10 years, they are controlled by a small number of people, they are manipulators." We are here to change it! ". And how will you fight? Will you dump prices?
No. Dump prices (fees) - is not the right way. All participants must earn, DEX can afford to share a profit automatically for promotion without large staff, taxes and useless bosses. Referral program will be announced first after launch, I think.


Title: Re: 🔥🔥🔥[ANN] 🔥🔥🔥MonkTradeX Protocol, BMO coin ready! Join Discord and get MN!
Post by: CoinMonkey.io on August 30, 2018, 08:26:48 PM
BMO coins or better known as bitmonk are faithful coins where the aim of this project is to change unfaithful exchanges. How will it be realized?
Great wording! Idea (protocol) will be implemented with the help of programming languages and maybe a bit with magic ;)