Very interesting project, I really like all the features that you are offering here, it seems like you're platform is the perfect cryptocurrency exchange site but I just have a few questions though, I read your whitepaper and it seems so short to me, you didn't really expand and explained the details behind your features, for example you stated that there will be no trading fees in your site and no withdrawal limits, how is that possible though? Wouldn't that cause your exchange to eventually go bankrupt? And in the security improvements, you stated that the quifas exchange will be monitored by a group of cyber security experts, can you give us more details on who those experts are?. And what's the technical aspect behind the ultra fast matching engine? How is 2.5 Million transaction per second possible? What's the explanation behind that?. I'm sorry for asking so many questions, the platform that you're gonna create seems very fascinating to me that's why I want to know if what you're going to create can really perform.
Thank you for your support and all your questions are legit questions.
In the white paper we mention that there will be zero trading fees if you trade using QFS our custom token. If you trade BTC with ETH for example, normal fees will apply. Also there will be normal withdrawal fees. For example;
1. QFS/ETH trades – Zero trading Fees
2. BTC/ETH trades – Normal fees apply
Our exchange will be monitored by in-house highly skilled cyber security experts who will monitor the all transactions 24/7 on the platform.
Our exchange will be a distributed exchange, which will split the customer activity into segments. These segments are independent, and we will be using Amazon cloud to auto-scale the exchange indefinitely.
Do you also plan to use alternative cloud services?
There is an info in the net that Amazon is considering creating its own crypto. It can start blocking competing cryptos any time.
