CryptoBridge DEX manifesto
A decentralized exchange owned by BridgeCoin holders
SynopsisCryptoBridge is a decentralized exchange under development utilizing a high performance scalable blockchain. 50% of all profits from the decentralized exchange are distributed to BridgeCoin owners. BridgeCoin is a scrypt-compatible coin that was created in July 2017 in order to finance the development of the decentralized exchange. A beta MVP version of the decentralized exchange is
available now.More information including a FAQ list can be found on our homepage at
https://crypto-bridge.org.
CryptoBridge DownloadsWeb-based wallet:
https://wallet.crypto-bridge.orgWindows client:
https://www.crypto-bridge.org/CryptoBridge_0.9.2.zipsha256 checksum: fc6876081f1c3a33b970a9cb590d51ae08e26552935c67f6ce806a3c6a784c09
Mac OS X Client:
https://www.crypto-bridge.org/CryptoBridge_0.9.2.dmg sha256 checksum: 46098ee60fd299d0a7b56ce6c91911e29d28dbdb07b72837f36e358cfa805ef4
Be sure to download your
backup that contains your private keys. We cannot recover it for you! Our server does not store
any of your information!
BridgeCoin Specificationmining algorithm: scrypt PoW (pool mining)
total coins: 27 million
block reward: 256 coins, halving every month
block time: 60 seconds
difficulty retarget: 10 blocks
default port: 6333, rpc port 6332
fair launch, there is no premine, no ico! Website & source & downloads:
https://bridgecoin.orgWallet source code on gitub:
https://github.com/CryptoBridge/bridgecoinPool:
https://pool.bridgecoin.org (0% fee, use port 3344 for high diff mining)
Where to buy/trade BCOCryptoBridge Decentralized Exchange:
https://wallet.crypto-bridge.org/market/BRIDGE.BCO_BRIDGE.BTCNova Exchange:
https://novaexchange.com/market/BTC_BCO/ Full description CryptoBridge is a decentralized exchange (DEX) that supports trading of most popular altcoins. The main innovation is elimination of a single point of failure when trading cryptocurrencies online due to its decentralized nature. In addition, another unique selling point is the usage of a multi-signature federated gateway software used by a dozen trusted gateways, operating on multiple continents, enabling trust-reduced issuing and withdrawing of the supported coins.
CryptoBridge's target audience are altcoin traders trading on centralized cryptocurrency exchanges which are riddled with performance problems and can be subject to thefts, manipulation, hacking incidents or government takedowns. These problems are solved by the decentralized blockchain based order book and the multi-signature federated gateway network.
There is no central point of failure. All deposits, withdrawals and all order books are transparently stored on the blockchain. The client will still be able to deposit, withdraw and trade coins even in the event CryptoBridge goes out of business. Each client holds the private keys to their coins. CryptoBridge has no access to the client's funds.
The blockchain behind the decentralized exchange, graphene, can process up to 100.000 transactions per second and has an average confirmation time of just 3 seconds. The DEX offers a complete API for any interested party to build applications on top of the decentralized exchange.
Funding: No ICO - why we created an altcoin insteadTo develop a platform like described above, one requires funding to recruit a lot of full time developers and marketing staff. To reach our funding goals, the team has used a rather unusual method: creating altcoin to fund the development of a software platform: BridgeCoin
Since the latest SEC publication it is certain that any token sale (ICO) that promises future returns can be considered illegal in the US. Though we are not from the US we would still like to stay legal under most jurisdictions and a public mineable cryptocurrency is exempt from such regulation. A fair distribution was guaranteed with the non pre-mined and no-ICO approach.
The founders of CryptoBridge are also mining BridgeCoin and expect that the market value of BridgeCoin will be sufficient to finance the development of the full application.
Beta LaunchSupported coins at this moment are BCO, BTC, BTS and BCH, which means that any combination of trading pairs between those coins is available. The full version of CryptoBridge supporting many other coins will launch Q4/2017, assuming enough funding can be obtained.
How you as a BridgeCoin owner can benefit from CryptoBridge Decentralized Exchange:After the full version of CryptoBridge launches, participating BCO owners will receive 50% from all profits from operation including:
- Trading fees
- Coin signup fees
- Profit from internal arbitrage
- Referral program
Rough roadmap until full release- Publish crypto-bridge.org website with technical details & FAQ
- Add hosted web-wallets in Asia (& China) and North America for optimal initial loading
- Add CryptoBridge DEX to coinmarketcap
- Add referral support for DEX: users will get a cut from trading fees
- Add more supported coins and trading pairs
- Regular usability improvements, based on beta feedback
- Develop multi-signature federated gateway network & protocol - key benefit over any other exchange in the world
- Ability to stake BCO and earn 50% profit cut from CryptoBridge profits - key benefit over any other exchange in the world
Communication & CommunityToday, we are opening our slack channel as some community members have requested. You can join us at
https://join.slack.com/t/cryptobridge/shared_invite/MjI2OTAzNjU3MzYyLTE1MDI4MTUyNDItYzQ0OTgwMDc0Yg[/list]
Social MediaFollow us on twitter!
https://twitter.com/CryptoBridgeMarketing Material & Infographicshttps://crypto-bridge.org/Infographics-Twitter.png