Hello, greeting from my country. really exited with this project and hope everything is going well with this project. I want to thank you for all founder and all people who envolved on this project both in directly and inderectly.
Let me reinform the statement of this project revies as below : Ultra-Secure & Decentralized
The centralized part of the exchange offers highly secure custody services with cold storage and cryptographic proof of reserve. Cryptocurrencies are held in cold storage (offline) for at least 98% of reserves.
A cold wallet access requires multiple signatures.
A cold wallet private key is split and held in a number of different vaults in multiple
locations.
Other in-house security processes and technological features. Internal procedures protect the exchange from social engineering attacks.
Periodic technical audits and timestamped logs allow detection of any tampering
attempts in the accounting database. Periodic financial audits verify that the inventory of coins (assets side) matches the
records of liabilities with cryptographic proof. If the exchange’s customer balances are checked against a blockchain inventory of coins (utxos in Bitcoin language) every block interval, there is little or no room for a rogue intruder to alter database records with profit. Decentralized settlement relies on fair-exchange protocols allowing atomic swaps of cryptocurrencies to eliminate the counter-party risk inherent to a custodial exchange.
Fully Compliant & Transparent
Exhaustive accounting records are audited by independent professional auditors to ensure the integrity of the trading platform.
The exchange aims to comply with all current applicable EU regulations, ensuring that assets never get seized or frozen.
Customer balances on the liability side must match exactly the inventory of coins held by the exchange. Blockchain.io aims to perform such balance check and to publish its cryptographic proof at every block interval.
Reliable Infrastructure
Minimal downtime, typically restricted to server maintenance, application upgrades, or database migration. Resilience under high volume, heavy traffic conditions, or DDoS attacks. No technical debt: exchanges that quickly add new altcoins or new features without proper testing or careful software design accumulate technical debt by taking shortcuts. Technical debt translates into applications that are harder to maintain and prone to
bugs and security holes.
Blockchain.io will attract high volume traders with specific features such as a FIX
API and a borrowing facility, but also with the high level of availability of the trading
platform. Processing capacity in the first phase will be of up to 2 million orders per day.
Select Digital Currencies
Cryptocurrencies will be listed on the trading platform following a strict vetting process (sustainability, technical, and deep protocol review) by our team of blockchain experts.
Regular updates and publications will inform platform stakeholders and the community through altcoin technical reviews and financial analyses.
ICO Execution & Token Listing
Blockchain.io will provide ICO campaign support and token listing services to assist entrepreneurs and technologists in the planning and execution of their fundraising campaigns. Following the ICO campaigns, Blockchain.io will ensure that newly created tokens are listed on Blockchain.io to provide liquidity to investors and traders.
In addition, Blockchain.io will create Token liquidity through:
Market making using Blockchain.io’s inventory Incentive program for Paymium users.
At last, there is no mistake in every project to be learned, so lets do and evaluate any steps and activities on this project as well for improvement and perfection of our goal and target.
Warm regards, Your loyal member
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