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Author Topic: Evaluate the logic of the Qurrex platform  (Read 34 times)
artem.klimovich
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March 11, 2018, 02:36:30 PM
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Each node of the hybrid exchange provides the Best Execution service to the user. Broker companies operating in countries with a developed financial market are obliged to provide the Best Execution service. In Qurrex this service is implemented by a special module – Smart Order Router, which is part of all the blockchain nodes, incluing the centralized (CEX) node.

Qurrex DEX blockchain is built of two types of nodes: confirming nodes and user nodes. The DEX protocol allows confirming nodes to charge other nodes a commission for the deals and transactions. The commission is charged in the deals's (transaction's) cryptocurrency BTC.

There is a special kind of trading orders: DEX Cross-Chain cross-platform atomic orders (transactions). Cross-platform orders are charged just once, when being placed on decentralized nodes. Such orders are included in blocks as DEX transactions, while the confirming nodes charge their commission.

Qurrex founds special cryptocurrencies BTC (qBTC, qETH). A trader can exchange these cryptocurrencies BTC through DEX and his trades are to be charged for the deals theirselves, not for separate blockchain transactions.

An article on this topic:  https://medium.com/qurrex/the-structure-of-the-qurrex-hybrid-cryptoexchange-and-its-tools-5b188f405080
Site: https://qurrex.com/
Topic: https://bitcointalk.org/index.php?topic=2899211

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May 20, 2018, 11:48:15 PM
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Very interesting
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