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Since the advent of cryptocurrency and the blockchain, the industry has evolved significantly, resulting in a progressive shift in the world’s economy. The crypto-market and blockchain industry has seen a massive influx of both crypto-investors and traders, and also an increasing adoption of quite a huge number of tokens.
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However, the necessary infrastructure required powering this ever increasing influx of investors and never-ending tokens would require a quick innovation so as to accommodate their existence in the market.
Despite the increasing number of tokens existent on the blockchain, only 200 of these tokens have access to liquidity: that is the degree to which a token can be quickly or easily converted to fiat currency. This embargo on liquidity is due to the listing fees from centralized exchanges levied on token-powered organization.
I guess the big question that beckons is: Why the use of Centralized exchanges in a decentralized environment?
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The answer to this is, although centralized exchanges are not the best solution, however, decentralized exchanges are too slow to be employed for exchanges, and as such the further dependence of centralized exchanges, which are in themselves not the best option there can be.
Nevertheless, due to the promising prospects of the markets, the demand for tokens would increase significantly. This ever-increasing ecosystem would definitely lead to a higher demand for liquidity: owning to the entry of variety of tokens to the blockchain.
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As a result of the afore-mentioned occurrence, there is a need to cater for the volume, and ensure liquidity and scalability of these tokens.
However, Liquidity remains the key area that must be addressed in this highly disruptive market: because the continuity of the market depends on the liquidity of the token.
THE SOLUTION: QUANTA CHAIN
QUANTA CHAIN is a blockchain specifically structured to create a platform for every major cryptocurrency to have full access to liquidity, while encouraging the growth of other token-based market.
QUANTA CHAIN addresses the issue of building fast, scalable and trustworthy digital asset exchanges.
QUANTA CHAIN possesses two main distinct attributes:
-Almost Instantaneous, on-chain order matching
-Enabling cross-chain transactions.
QUANTA CHAIN offers a decentralized exchange platform, which boasts of Scalability, Speed and Blockchain security.
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HOW THE QUANTA CHAIN PLATFORM WORKS
-The user deposits native tokens to the quanta cross-chain wallet
-The blockchain issues quanta credit token to users wallet in exchange for the native tokens deposited, in ratio 1:1
-User can then trade freely on the variety of platforms available on the blockchain.
QUANTA CHAIN is different in that it possesses unique characteristics that separates it from other projects:
SECURITY
Its on-chain order book prevents data-tampering and improves blockchain security.
LOW LATENCY
Its on-chain order-book ledger ensured reduced spreads between orders, ensuring lower cost of spreads, better scalability and availability of tokens.
HIGH THROUGHPUT
QUANTA CHAIN employs a Byzantine-based consensus rather than Proof-of-Work based consensus which provides an exponential increase in throughput: faster rate of processing across the blockchain.
LIQUIDITY
By incorporating the above-mentioned innovations, QUANTA CHAIN blockchain ensure the easier and faster conversion of tokens and cryptocurrencies to fiat currency.
STABLE FEES
Its BFT-based algorithm reduces the cost of CPU computation and ensures the steady prices of tokens across the cryptocurrency.
INTEROPARABILITY
QUANTA CHAIN is open-ended and incorporates other blockchains on its ecosystem via its cross-chain wallet.
CONCLUSION.
The decentralized exchange on the QUANTA CHAIN is the first of its kind. This decentralized exchange powered by QUANTA CHAIN would enable faster and scalable liquidity of tokens across different platforms.
QUANTA CHAIN has a futuristic approach to incorporating liquidity for over-the-counter transactions on a secure, decentralized, trustworthy and truly scalable platform.
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