As an intermediate link in the current blockchain industry chain, the exchange connects blockchain projects and users, which is a very important traffic entrance.
At present, centralized exchanges such as Huobi and OK account for most of the transaction volume in the digital currency trading market due to their speed and convenience. However, while centralization brings high efficiency, it also hides unsafe factors such as centralized black box and exchange surveillance.
In addition, because the centralized exchange system operates off-chain, its wallet is the unified custody of funds for users, and transactions are not recorded in the blockchain, so the storage information of funds and private keys is at risk.
For this reason, a decentralized exchange came into being. In order to avoid the risk of asset theft, the recently interviewed decentralized exchange Bitkop quickly replaced the unified wallet of the centralized exchange with a personal wallet embedded in the exchange. in the form ofSafe asset custody, users can have absolute ownership and control over their own assets. Since the private key is handed over to the user, the assets are no longer under the trusteeship of the trading platform. The possibility of doing evil on the platform has been eradicated from the technology.
In addition, the liquidation of the current digital currency trading platform is completed in the closed database of the platform, and there may be a problem of "black box operation" in asset transactions. BitKop currency is about to passAsset liquidation data on-chainThe technology connected with the existing exchange data puts the user transaction clearing record data on the blockchain, and the transaction records cannot be tampered with, so that the moral hazard of the exchange operation can be avoided in the clearing link.
In fact, the current low market share of decentralized exchanges also has its own reasons. Not only the transaction speed and depth of transactions need to be strengthened, but also the current online currencies of decentralized exchanges are based on Ethereum’s ERC20, many of which have their own main The public chains of the chain, such as zec, bch, xmr, xrp, etc., cannot appear on the decentralized trading platform. To this end, BitKop currency quickly wants to achieve "Atomic cross-chain transactions(atomic cross-chain swaps), in the near future, it will support all digital asset transaction matching to be completed directly across the chain. According to the BitKop team, this cross-chain technology allows tokens on two different blockchains to hold Some people conduct real-time transactions directly to realize the decentralized transaction matching link.
According to the introduction of BitKop Kuaikuai team, BitKop Kuaikuai is now online"Vote for Listing"Function, kop is a token in BitKop’s Kuaikuai ecosystem. Platform users can use kop to participate in voting for listing. Voting objects are projects recommended by an external expert jury. Users who participate in voting will also receive kop airdrop rewards.
In addition, the asset decentralized custody mentioned above will be launched at the end of June, and functions such as asset liquidation and atomic cross-chain transaction matching will also be launched one after another.
BitKop Kuaikuai has currently obtained joint investment from IDG Capital, 8D Capital, Reward Fund, and industry-leading digital asset exchange Bit-Z. Its core team comes from world-renowned Internet and financial companies. Global operating experience.
