Topic: Infinex - PoW & Masternode - Lyra2Z (True DEX over MN with Profit Sharing Soon) - page 3. (Read 43277 times)

Firstly I would like to apologise as I decided to delay InfiniDEX Beta for 2 weeks time (Final Delay)
Target InfiniDEX Launch: 24 September 2018

Few reasoning as below:
1) First user impression is very very important, at the moment, although InfiniDEX Beta is usable, but I think still lacking in its completion (UI side only have Complete Exchange System, Wallet Balances, User Deposit Histories, User Deposit, User Withdraw Histories, User Withdraw & Trade Histories; lacking User Support info, lacking API info, lacking Coin Listing info)
2) We need to be 100% sure that the code is safe with check at every possible exploit point to achieve high user trust & reliance
3) We found 1 issue that we REALLY need to fix now rather than future patch, its linking to how our InfiniDEX operate, so take your time to read details on our InfiniDEX as below (technical):

TradersGateway masternode investment comparison tool features the most accurate and detailed stats

• Website - http://www.tradersgateway.net/
• Discord - https://discordapp.com/invite/d2PH7hq
• Twitter - https://twitter.com/traders_gateway

Some update on what IFX team need to do to start the DEX Beta:

1) Internal test using live coin on trading, deposit & withdrawal to make sure everything working as intended
2) Integration of actual Trading View charting tools with actual trade data from DEX (we have gotten the approval from Trading View to use)
3) Basic website update for InfiniDex.io to display information about InfiniDEX

We expect to complete all 3 items above within a week & start the actual InfiniDEX Beta.
InfiniDEX Beta would run non-stop, meaning it would be actual exchange with minor update whenever needed

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After that we would start to work as below:
Trading API as per what was provided with current major exchanges
More info in coin listing process (through the use of InfiniDEX app to prevent scammer impersonating as IFX team)
New tab inside GUI wallet for everyone with MN to fill in their respective wallet address to receive reward, e.g. BTC address to receive trading fee from sub pair of BTC; ETH address to receive trading fee from sub pair of ETH & more (as we add more sub trading pair)
Update script for MN to upgrade from their current node to new version
Infinex website refresh
We expect the above to be ready around end September to early October

i think it have some problem when release but infinex team will improve to handle it.

How many transactions can the exchange can handle at one time? Usually transactions are limited on decentralize exchange.

I like the idea of Masternodes are getting a sharing of all the profit. I am get a masternode to test it out.

word on the street: when its ready = very soon

No date yet for release 

date to release infinidex?

Awesome video as always with Goose-Tech !
Thanks for sharing kolinko, I will post it on the French thread 

Latest video review by Goose#5820 on Discord

https://www.youtube.com/watch?v=sNcKP2rcqUo&feature=youtu.be

Kindly give him a round of applause for his review on us, we really appreciate it.

So far we are not making much announcement as we are busy doing up the code for InfiniDEX Beta.
Once Beta platform is up & running, we would provide everyone with the chance to test out newly revamped UI of InfiniDEX with actual LIVE coin.

As true DEX over MN, we would also be looking to enable cross trade / exchange function between different coins (without going through BTC) after DEX is LIVE, it's possible  as the code base is supportive for the function.

For the front end part (web, BTCT, Twitter, Reddit, etc...), we would be looking to place focus in that after we launch actual InfiniDEX (Product first before promote)

Thanks everyone & have a good day

NEWS

Infinex is officially listed as Masternode Tier 1 in GIN

For GIN, Tier 1 is :

Coins in the first tier are projects with existing products that have a clear use case for the coin or seasoned projects with fundamental open source technology that have innovated in the crypto-space.

https://p.gincoin.io/#!/

you have 118% per year, take a look on XZC with 25% or another quality coins with 10%


Also when nodes start getting rewards from exchange, this will be another income.

If exchange will generate 15 000 USD per day in fees, thats mean that each node will receive 7,5 USD per day (becouse 50% of fees will be distributed into mn holders)

Now feel free to imagine how it will be earning, if DEX will be succesfull.

Hey, just curios what the long term plan is for mn's?
ATM node payouts are very small due to the low % allocated back to them and the number of nodes active on the network.
Will you be consolidating the nodes into super nodes or something equivalent to that when exchange goes final, or changing the collateral/payout to make it worth running them?
Thanks,CS

Join Infinex Official Discord Channel for more active chat
https://discord.gg/2PpuNSe

The project is still boring and uninteresting. What kind of innovation is talked about?

Download link for InfiniDEX Final Alpha

https://github.com/InfinexOfficial/Infinex/releases/download/0.0.2/InfiniDEX.Final.Alpha.zip

Let's run it for a week & test it out!

New more on discord. Join now: https://discord.gg/2PpuNSe

i think test soon.

* Final Alpha would start on 30 July 2018 - 00:00 GMT
* Final Alpha would be running till 06 August 2018 - 00:00 GMT
* There would only be bug bounty for this round, we hope for every members participation to test out & report of any bugs
* Trading View charting is not live yet, currently displaying BTC price
* We would start to push live Trading View data once InfiniDEX goes live
* During the Final Alpha period (30 July 2018 - 06 August 2018), IFX team would be focusing in preparing new thread for InfiniDEX Bitcointalk
* We hope that everyone could start to provide inputs on what should be inside InfiniDEX
* IFX team would also start to do up the InfiniDEX.io web & draft New Coin Listing Process
* After the end of Final Alpha,  with the release of new thread in Bitcointalk, we would launch another round of testing for public
* The Public Testing would also last for a week
* The bounty for Public Testing (everyone here could join) is 10 IFX MN for Top 10 Traders (at the end of Public Testing)
* We would try to integrate the Top Trader Hourly Score through InfiniBot (more details coming later)

New Announcements Discord !

Thanks for the patience & here is the details on the Final Alpha & what we plan to do for Aug 2018
Please take your time to read through this.

* Final Alpha would start on 30 July 2018 - 00:00 GMT
* Final Alpha would be running till 06 August 2018 - 00:00 GMT
* There would only be bug bounty for this round, we hope for every members participation to test out & report of any bugs
* Trading View charting is not live yet, currently displaying BTC price
* We would start to push live Trading View data once InfiniDEX goes live
* During the Final Alpha period (30 July 2018 - 06 August 2018), IFX team would be focusing in preparing new thread for InfiniDEX Bitcointalk
* We hope that everyone could start to provide inputs on what should be inside InfiniDEX
* IFX team would also start to do up the InfiniDEX.io web & draft New Coin Listing Process
* After the end of Final Alpha,  with the release of new thread in Bitcointalk, we would launch another round of testing for public
* The Public Testing would also last for a week
* The bounty for Public Testing (everyone here could join) is 10 IFX MN for Top 10 Traders (at the end of Public Testing)
* We would try to integrate the Top Trader Hourly Score through InfiniBot (more details coming later)

Nearer to end of Aug 2018, we would start to launch Beta test involving live coins (IFX & BTC is definitely in this)
Any other crypto team looking to join us for Beta test could contact us (free listing during Beta test period)
Stay tuned for more updates from IFX team & have a great years ahead!