Solaris is proud to announce a long-term plan of funding to build a next generation exchange, txbit.io
txbit.io will support all major cryptocurrencies, altcoins and digital assets (tokens). With a focus on modern stack of technologies our expert team are set to build a fast, secure, reliable, scalable and private exchange for the global crypto market.
The Goal
The aim is simple; remove unnecessary burden from the everyday trader, while ensuring the utmost security of every users funds. Exchanges are getting slower everyday, registrations open and close due to inability to cope with traffic, deposits and withdrawals get delayed. All of these problems are trivial, yet every exchange suffers from them.
At current level of competition it seems like exchanges should be thriving, but they succumb under pressure. Cryptocurrency exchanges currently make for multiple 100’s billion market, but we have found that even the largest of exchanges lack the technology and social framework needed to satisfy the constantly changing needs of their users.
Solaris Involvement
Solaris is directly funding the development cost of txbit.io from the development fund. Please take note, this does not affect other plans for Solaris highlighted in the Roadmap, instead we see it as an important stepping stone to making Solaris XLR an active and popular currency.
Solaris holders will greatly benefit from the launch of txbit for multiple reasons:
1. Masternode holders will be able to link their Masternodes to the txbit account which will grant them a percentage Exchange Trading Fees as dividends paid directly to the txbit account.
2. Users will be able to Stake their XLR on txbit and also receive a percentage of the Exchange Trading Fees as dividends paid directly to the txbit account.
3. Solaris XLR will be a Base Market paired against popular cryptocurrencies and tokens. As trade volume will increase for XLR, more pairings will be added to the market.
The exact details on dividend payments will be provided at a later date.
txbit.io exchange will be funded from the Solaris development fund, held in escrow by Dabs.The development of txbit.io exchange does not change any plans for Solaris and the core team is not changing course on any of the plans for 2018.
Periodic updates will be provided on a regular basis
Features and Innovations
Modern responsive HTML5 web interface
Secured with 2 factor authentication
Live streaming price information
Support for mobile devices
Ultra fast proprietary trading engine
Immediate deposits and withdrawals
Json REST API
Coin dice feature
Fast loading and searchable balance view
Multi language (EN / RU / CN)
Scalable native cloud stack
Secure cold/hot wallet implementation
Bitcoin / Ethereum / Solaris base markets
Advanced DDoS protection
Referral program
Active support team
New coins voting
Live chatting
TLS / SSL
Thank you for support Solaris !
I only have 2 questions.
1. Will it be decentralized?
2. If yes as it was written in the announce the engine is proprietary, so I should run an app with unknown code on my PC?
Sorry for missleading post)
I talked about the announcement of txbit.io.
it says:
>Ultra fast proprietary trading engine
Does it mean that it's client is not open source like everything other for Solaris?
Or proprietary code only server-side?