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REVIEW OOOBTC EXCHANGE-HOT EXCHANGE 2019 – Quý Hữu –

REVIEW OOOBTC EXCHANGE-HOT EXCHANGE 2019 – Quý Hữu –

OOOBTC EXCHANGE PLATFORM OVERVIEW OOOBTC is a gateway and exchange platform for cryptocurrencies and Crypto-ecosystem located in Singapore. OOOBTC provides diversified system functions such as spot trading, futures contract trading, over-thecounter trading, whole-network trading, and decentralized trading. Moreover, it satisfies the needs of numerous investors. Our trading system has a robust security mechanism and reliable underlying architecture, which provides investors with a dependable trading experience. Besides, the unique online trading model of the ooobtc platform would efficiently match the market depth of major exchanges around the world while providing even higher liquidity. Relying on the whole network trading system, we believe the ooobtc platform will become the largest liquidity provider of digital assets in the world.

SAFETY
We have been taking variosusly careful measures like cold storage system, 2-factor authentication and encryption technology to encryt your personal account information, which allows you to have assured protection of your fund. security is the most important aspect of business practice. This is why we integrate similar smart technologies to provide our clients with the highest guarantee of security available on the market. Currently, our unique features include:

● Pool Trading — We are capable of obtaining high trading volumes and generating substantial profits in today’s stock market due to our integration with other corporate finance houses and major trading forces. 
● High Performance Support — OOOBTC trading system adopts selfdeveloped, high-performance core matching engine technology and leverages distributed computing technologies such as Google Spanner and BigTable. Thus, it can support massive concurrent computation and make the order processing speed reach one million transactions per second. 
● Community Trading — We are capable of providing users with a platform to which they can upload their smart contracts in order to participate in an active smart contract community for trades, business, services, and increased visibility. 
● Coin Suggestions — New and existing cryptocurrencies can be submitted for consideration by our community users via our website. If we see a digital asset getting a considerable amount of support from its community, we will carry out the due diligence and make a decision to list this asset.

OOOBTC EXCHANGE TOKEN (OBX TOKEN)

The OOOBTC token will serve as the driver of our platform and not only valid in our exchange but will be used across well known exchanges, It is a reusable ERC20 token that is freely transferable on the Ethereum blockchain and can be held within the our integrated wallet or any ERC20 compatible wallet, at the discretion of the user. OBX Token can be purchased directly on the platform or from external markets and exchanges. To support the project of OOOBTC exchange, we will launch different promotion campaign. The total supply of the OOOBTC native token is 3 billion (3 000 000 000) and no other token can be created.. NO PUBLIC SALES, NO ICO WILL BE HELD.

TOKEN USE CASE, LIQUIDITY AND ALLOCATION

Cryptocurrency exchange is a trading platform that allows you to trade cryptocurrencies, exchange one cryptocurrency for another, or for USD, EUR, RUB, CNY. Cryptocurrency exchanges provide ample opportunities for users who want to start working with digital currency. Recently, exchanges have begun to provide a huge ecosystem for working with crypto assets.

Today we have on the agenda a review of the OOOBTC exchange. We will highlight advantages and capabilities, consider the functionality.

OOOBTC is a cryptocurrency exchange that has quite interesting tools for trading. The exchange interface is available in eight languages — English, Chinese, Japanese, Russian, Indonesian and others.
The platform does not support Fiat currencies. Charges a fee only for cryptocurrency exchange operations — 0.25% of the transaction amount.
Most of the presented cryptocurrencies are rare coins. The most recognizable of them are ETH and BTC. And the displayed value of all coins by default is tied to Bitcoin.

CONCLUSION :

Blockchain Technology is changing the world to a decentralized world and there is a need to trade in an innovative and secure platform where users around the world can safety and easily exchange their assets, every day cryptocurrencies are gaining more legitimacy and the number of companies that is accepting cryptocurrencies keep increasing, we at OOObtc believes in decentralization and givimg power to the community members, we also believe in community building and partnership.

Website: https://www.ooobtc.com 
Whitepaper: https://bit.ly/2VWLsmE 
Telegram: https://t.me/ooobtcExchangeNews 
Twitter: https://twitter.com/ooobtcExchange 
Facebook: https://www.facebook.com/ooobtcExchangeNews/ 
Bounty: https://bitcointalk.org/index.php?topic=5134282.0 
 ANN: https://bitcointalk.org/index.php?topic=4768339 
Github https://github.com/ooobtc

Author: binhlong1991
https://bitcointalk.org/index.php?action=profile;u=2263239

Published at Sun, 26 May 2019 17:19:49 +0000

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Bitcoin Lightning Network Is Coming: Test a Transaction Now

Although bitcoin has managed to gain credibility and legitimacy in the financial world, skyrocketing transaction fees and long transaction times are becoming an increasingly severe handicap. The good news is that developers are making progress towards the bitcoin Lightning Network (LN) implementation. LN promises to reduce bitcoin’s transaction fees dramatically, and achieve near-instant transactions. You can test a bitcoin LN transaction right now.


Lightning Network Promises to Reduce Transaction Costs and Confirmation Delays

bitcoin users are unhappy about the high costs of transaction fees. bitcoin average transaction fees have spectacularly surged from about $0.69 USD in January 2017, to over $28 USD on December 18, as shown in the chart below. BitInfoCharts provide this chart.

Lightning Network Promises to Reduce Transaction Costs and Confirmation Delays

Moreover, the bitcoin network traffic has become clogged due to the rising demand for transactions per block. As a result, confirming bitcoin transactions is taking an extremely long time. Bitpay explains:

Block sizes are limited, so this means that transactions which exceed the capacity for a block get stuck in a queue for confirmation by bitcoin miners. This queue of unconfirmed transactions is called the bitcoin mempool.

Now, bitcoin enthusiasts and cryptocurrency experts are centering their hopes on the LN approach to reduce transactions fees and long time-delays.

Solving bitcoin Scalability Problem

Solving Bitcoin Scalability Problem

The bitcoin Lightning Network is essentially a decentralized system where users can set up trustless micropayment channels to conduct one or multiple payment transactions off-blockchain.

These channels reside outside the bitcoin blockchain. However, once the payment channel is closed, the transactions that occurred between the channels are then broadcast, as a single transaction, to the main blockchain network. Thus, no matter the number of micro-transactions conducted, the blockchain is accessed only twice, when the channel is opened and when the channel is closed. Obviously, this approach would significantly reduce the load on the blockchain.

Presently, three teams are independently working on the LN implementation: ACINQ, Blockstream, and Lightning Labs. In early December 2017, they announced that their respective systems had completed payment tests on the main bitcoin network. Moreover, these tests achieved interoperability across all three implantations.

Right now, to educate potential LN users, the website https://htlc.me/ allows you try a testnet bitcoin LN transaction. Reddit user Nabugu provides the details of the test here.

As demand for bitcoin continues to grow, transaction costs and time delays are bound to get worse. However, many bitcoin enthusiasts and experts are excited about LN. For example, Ryan Radloff, co-founder, and principal at CoinShares, explicitly told CNBC that LN was the solution, adding:

[LN] is a technological implementation that, later this year, is going to solve this [problem], and we’re very excited about that.

What do you think would be the impact on the cryptocurrency ecosystem when bitcoin Lightning Network starts allowing users to make cheap micropayments at near-instant speed? Let us know in the comments below.


Images courtesy of AdobeStock, ACINQ, BitInfoCharts

The post Bitcoin Lightning Network Is Coming: Test a Transaction Now appeared first on Bitcoinist.com.

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