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1  Economy / Trading Discussion / Trade Bitcoin BTC cryptocurrency derivatives using DeFi to aviod getting FTX'ed. on: March 13, 2023, 01:54:04 AM
On the eve of yet another possible bank bailout I introduce the Cryptops project.

Cryptops is a decentralized exchange (DEX) created to make it easy for users to trade cryptocurrency option derivatives directly on the blockchain order book using tokenized traditional financial derivative assets. Cryptops uses asset tokens to represent real world cryptocurrency option derivatives that are issued on a direct access blockchain order book.

Some of the unique benefits of the Cryptops implementation of asset tokenization include the following.
 * The most censorship resistant cryptocurrency derivatives DEX available.
 * The most secure and convenient staking model that does not involve any kind of obscure lending, lockup periods or needing run your own node.
 * The asset token derivatives are exercisable to tokens that reference the underlying which is pegged in value and directly transferable to real world native coins on their blockchains.

A unique benefit of Cryptops is being a censorship resistant cryptocurrency derivatives DEX. Just download the CryptopsTerm trade wallet to your computer or tablet to self host and run your own Cryptops core node to directly access all coins and other assets in your wallet using only a secret key. There are no potentially harmful browser plugins that need to "connect" to a hybrid off-chain order book that could easily be IP blocked and censored.

Derivatives trading on Cryptops is done using the native COE utility coin. The public native COE coin is not available on any CEX or through any VC bank and currently can only be purchased using the unique innovative self hosted ICO that uses a direct Bitcoin BTC to Cryptops COE bridge.

The Cryptops project wants to be like an Ethereum for disperse layer 1 blockchains bridging out directly to native coins while also providing a derivatives exchange for each of the bridged coins.
2  Alternate cryptocurrencies / Tokens (Altcoins) / [ANN] Cryptops (COE) Direct Access Layer 1 DEX For Crypto Options Derivatives on: May 18, 2022, 09:33:04 PM
Cryptops is a decentralized exchange that enables the trading of crypto currency option derivatives

Cryptops is a new DEX that was designed to be easy for new users who want to trade crypto option derivatives on blockchain.

In short Cryptops is a direct access layer 1 blockchain with an on-chain order book that uses layer 2 components to provide a verifiable crypto options derivatives market. The trades close on average in 3 seconds and is able to handle 1000+ transactions per second.

For improved security there are no browser wallet plugins, smart contracts or protocols that have a history of being hacked and losing millions. Just straight forward direct access to the assets/tokens that reference the on blockchain option derivatives.

Cryptops is an open publicly available blockchain that anyone can use to create their own option derivatives market for any crypto currency they desire. Cryptops will be creating an options derivatives side chain for BTC at the launch of the blockchain. I am willing to help anyone interested in launching an option derivatives market for any crypto of their choice, just send me a message.

Some of the innovative advantages the Cryptops DEX has to offer include:
  • You are able to generate a secure account on an air gapped computer then save the CryptopsTerm wallet/trade app to your computer and trade without your keys ever needing to leave your premises.
  • You can run your own Cryptops node with the CryptopsTerm wallet/trade app and get 0 ms access time to the on blockchain order book, again with your keys ever never needing to leaving your premises.
  • Cryptops has the best most secure staking rewards model and staking is possible without needing to run a node or anything like that. In Cryptops you can earn staking rewards on coins that are held in a cold storage wallet that was created on an air gapped computer. The rewards are automatically paid out weekly to your configured hot wallet address using a built-in blockchain mechanism.

COE is the native coin on the Cryptops blockchain that provides a weekly distribution of ALL network fees plus 1% inflation to all qualified accounts. The tokenomics of the Cryptops blockchain is clear transparent and easily understood. The Cryptops blockchain uses the COE utility coin to provide for a verifiable fair and honest options market for crypto currencies directly on a layer 1 decentralized distributed blockchain. The Cryptops project has been in research and development for over 4 years now.

Cryptops is a fork of the upstream Stellar code base. A major difference from the upstream Stellar code is the total quantity of 1 billion native coins (COE). Other major changes include the 1% interest and transaction fee sharing to qualified accounts on the Cryptops blockchain as well as the network starting date of January 2018.

Cryptops test network
The test network for the Cryptops blockchain is running on 8 nodes in random data centers around the world and has been up for about 3 years and is over 15 million ledgers deep. The API server for the Cryptops test network can be found at: https://horizon-testnet.cryptops.exchange

Cryptops main network
The main network was brought up on 12 nodes running in random data centers around the world just a few months ago and is already over a million blocks deep. The API server for the Cryptops main network can be found at: https://horizon.cryptops.exchange

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