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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] EOS Exchange: The Exchange for EOS Community on: October 23, 2018, 06:00:27 AM

EOSex Hybrid Trading System
 
1.      Centralized Trading
 Our trading platform uses a traditional centralized trading model with an exceptionally high-performance order matching technology that, together, can achieve lightening fast transaction speeds of 100,000 transactions per second. But, we don’t intend to stop there. We won’t stop improving until we have achieved peak transaction volume of 500,000 orders per second. Going forward, our goal is to optimize our trading functionality, increase the responsiveness of our API, and simplify our order management tools.
 
 
2.      Hybrid Trading / On-Chain Trading
There are already many decentralized exchanges operating on ETH and EOS. The advantages of these exchanges are their security, transparency, and reliability; but, at the same time, they are often more difficult for the average user to operate, requiring the user to manage their own private key and to re-enter their password on each trade. This has hindered the development of decentralized exchanges. While we believe that the reliability aspect of decentralized exchanges is to be admired, we have currently chosen to employ a hybrid trading model, whereby private keys and funds are managed by the exchange, and a trader’s orders are sent onto the blockckchain for processing by smart contract, making the whole process transparent and traceable. For example, EOSex users can buy and sell EOS RAM, or can trade EOS or ETH on Bancor, and they can gamble on EOSBET, all done directly on the blockchain. This process is extremely reliable and simplifies the wallet management process. Because this provides optimal reliability, transparency, and ease of operation, we believe it ultimately will change the traditional trading model.

EOSex CEO, SK
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