hi,from what subsystems is the system of storage and accounting of crypto-currencies ?
Hi!
Cryptocurrency storage and accounting system comprise the following subsystems:
● platform's internal cryptocurrency storage system (a geographically spread out array of hot, conditionally hot, and cold wallets and multisig addresses for every cryptocurrency);
● background clearing service (validates current balances and inputs and outputs between full cross-sections, and if there's an inconsistency, it registers the dangerous state and transfers the funds to cold wallets and multisig addresses);
● external cryptocurrency storage system LEN Funds Manager (accounts for circulating capital distributed among exchanges, allows to transfer cryptocurrencies between exchanges and the platform);
● circulating capital, earned fees, storage locations, and transfer limits accounting system.
guys, will investors get any bonuses ?
We decided to change the strategy for the LIQNET project. ICO is temporarily suspended. We got feedback from community and during the exhibitions we have attended. So, we must take into consideration all the flaws and continue to work on the project. ICO will start approximately in a month and a half. Because of that We reconsider the strategy for ICO terms and bonuses. If you join the White List, we will inform you about any changes in the bonus policy and the exact date of sale's start.
Why do you need to open subsidiaries?
We need to open subsidiaries to have access to cryptocurrency platforms in closed jurisdictions.
Hello, what ways can an investor enter the crypto currency market ?
On the developing cryptocurrencies market, the LIQNET's ICO may be one of the few ways for investors to enter the cryptocurrency services and exchanges market through a finished elaborated project.
Our ICO stands out from the majority of the others because it is not just an idea. It is a real product ready for launch. It will be able to increase its competitive advantages and allow us to develop exponentially with the help of tokenization.
Do not miss the opportunity
it looks like a complete and well thought-out Platform!
Thank you! We do our best
What opportunities do LEN token holders get?
I know that holders of this token receive a discount on the exchange Commission up to 90%
Exactly. Thanks for support
Also LEN token holders get access to the voting service to decide on the following crucial matters:
● Choice of trading pairs that should be present on the exchange — initially, the system has only one or two pairs, and the token holders choose the first 20 pairs, which will be added to the system immediately after the ICO;
● Choice of the ways of spending 50% of collected fees:
○ selection of additional trading pairs to be added to the exchange during the later work, except for the pairs that will be added by the LIQNET developers;
○ an increase of the exchange's marketing budget;
○ expansion of deposits in other exchanges to provide better liquidity on the LIQNET platform;
○ choice of additional sources of liquidity for LIQNET, except for those added by the LIQNET developers;
○ a buy-out of tokens on our platform at current prices to support the demand for them. Doing this will help to avoid the sales of the tokens at low prices, and, therefore, prevent the users from having access to super cheap discounts in large amounts — this may lead to the substantial decrease in the volume of the exchange's fees.
Hello, tell us more, how will protection against fraud be implemented?
Hello!
To ensure the security of user data and tools, we implemented the following protective measures:
- two-step authentication;
- system of replicated geo-distributed servers with the possibility of scaling;
- geo-distributed array of hot, conditionally hot, cold wallets, as well as addresses with a multisignature for each cryptocurrency;
- a background clearing system that checks the correctness of current balances and I/Os between full cross-sections, and when a discrepancy registers a dangerous state, it transfers funds to cold wallets and multisignature addresses.
It looks of this idea will be better in the measurable future.
Thank you for support
[moderator's note: consecutive posts merged]
