Table of contents
foreword
One: About Etx Link
Two: what is blockchain
Three: technical points
1. Consensus mechanism
2. Principles of Cryptography
3. Distributed storage
Four: future development trends
Five: Smart Contracts
Six: business strategy
Seven: Engine high performance
Eight: stability
Nine: Etx Linkproducts
Ten: Etx LinkValues
Eleven: Mission and Vision
Twelve: Future Outlook
foreword
Etx Linkis committed to creating a digital asset trading platform that provides users with convenience, security and comprehensive functions. With a reliable and scalable technical architecture, excellent services, and more operational strategies, traders and Investors' digital assets can be safely traded at any scale without worrying about the platform's fairness and transparency, the reliability of data security and privacy protection, or the integrity and robustness of its order management system.
At present, the global cryptocurrency market capitalization has reached 100 billion US dollars; at the same time, the global daily trading volume has reached a staggering 5 billion US dollars. In addition to Bitcoin, new cryptocurrencies with new technologies and new features have flourished in recent years.
Etx Linkcurrently has more than 5 million registered users from more than 100 countries and regions around the world, widely distributed in North America, Europe, Russia, South Korea and other places. It is one of the digital currency exchanges with the widest geographical distribution of users. The number of users in nearly 30 countries and regions around the world accounts for more than 1%, and the degree of user dispersion is even higher than that of Binance.
With the deepening of global users' understanding of blockchain and blockchain tokens, the number of blockchain token holders has continued to grow, driving the rapid rise in blockchain token prices. From September 2017 to early 2018 In just half a year, the market value of mainstream blockchain Tokens led by Bitcoin has reached 400 billion US dollars. The epoch-making blockchain revolution and huge profit-making effect have attracted many new users to enter the blockchain industry. With the support of Chain Token funds, numerous blockchain entrepreneurial projects have emerged, further increasing the types and scale of blockchain Token assets.
As a trading platform of blockchain infrastructure, Etx Linkhas developed rapidly. While obtaining unprecedented opportunities, it also brings huge problems and challenges. As blockchain token trading services require financial-level service quality, but unlike traditional financial services and systems that have matured, the entire blockchain token trading industry currently lacks mature business specifications and technical standards, and lacks effective third-party Regulators, the entire industry is in a stage of disorderly growth.
Attracted by the hot market prospect, Etx Linkbelieves that building a brand-new blockchain token trading platform ecosystem to achieve the level of stability, security and trustworthiness at the level of the traditional financial market can make it a trading platform for the infrastructure of the blockchain industry. , to match the market value of the blockchain Token, and support the implementation of the blockchain industry and the long-term development in the future. It is a future trend. Based on infrastructure such as currency and Ethereum, many good companies and good tokens will grow in the future. Following this trend, we launched the Etx Linkdigital asset trading platform based on the trading needs between fiat currency, encryption and Token. At present, the asset market is booming, the average daily turnover of the platform has reached 1 billion yuan, and the average daily income of a single platform has exceeded one million, approaching and surpassing the volume of most domestic securities companies. In order to better serve users, we have brought together an elite team from the Internet financial industry, focusing on providing investors with trustworthy trading services that can match the level of top exchanges.
One: About Etx Link
Etx Linkis a blockchain token trading platform based on Bluehelix technology. The team members are composed of senior people from the financial securities industry and top Internet companies. Combining years of technical and operational experience in traditional financial trading systems and top blockchain token trading platforms, they are committed to rebuilding the existing digital asset trading ecosystem.
Based on blockchain technology and community consensus, the founding team of Etx Linkhas created Bluehelix, a decentralized asset custody and clearing technology. Bluehelix supports decentralized association governance at the technical level through the comprehensive use of cryptography and blockchain technology. The ability to realize the credible and efficient custody and clearing of blockchain Token assets, thereby solving the core problems faced by the trading platform, and laying a solid foundation for the application and development of blockchain Tokens.
With the capabilities of Bluehelix technology, the Etx Linktrading platform has the business, technical and regulatory capabilities of traditional financial services, and can safely and reliably serve blockchain Token trading users. Etx Linkalso serves partners through an innovative virtual brokerage model. , to carry out currency and legal currency trading business in global compliance areas, and will continue to launch innovative financial derivatives to meet the needs of different users.
Etx Linkalso has a strong open ability. At the beginning of its birth, the open platform based on the Bluehelix protocol and the SaaS model of cloud computing were realized from the underlying architecture. By opening up the architectural capabilities of the blockchain Token trading platform and virtual brokerages, it empowers partners to help them launch their own users and branded blockchain token trading platforms quickly and at zero cost, and develop virtual brokerage businesses. Let partners avoid investing in technology research and development, security management and transaction liquidity in a rapidly developing and competitive market, so as to focus more on user services and market operations, and quickly realize business value.
Two: what is blockchain
Blockchain technology is to use the block chain data structure to verify and store data, use distributed node consensus algorithm to generate and update data, use cryptography to ensure the security of data transmission and access, and use the intelligence composed of automated script codes. A new distributed infrastructure and computing paradigm that uses contracts to program and manipulate data. To put it simply, in the blockchain system, after a period of time, the transaction data generated by each participant will be packaged into a data block, and the data blocks are arranged in chronological order to form a chain of data blocks. The subject has the same data chain, and cannot unilaterally tamper with it. Any modification of information can only be carried out with the consent of the subject in the agreed proportion, and only new information can be added, and old information cannot be deleted or modified, thus realizing multi-subject communication. Information sharing and consistent decision-making ensure that the identity of each subject and the transaction information between subjects cannot be tampered with, open and transparent.
Three: technical points
Blockchain technology is not a single technology, but a comprehensive technology system that integrates various research results. Etx Linkbelieves that there are three essential core technologies, namely: consensus mechanism, cryptography principle and distributed data storage.
1. Consensus mechanism
The so-called consensus refers to the process in which nodes participating in multiple parties reach an agreement on certain data, behaviors or processes through the interaction of multiple nodes under preset rules. Consensus mechanism refers to the algorithms, protocols and rules that define the consensus process.
The consensus mechanism of the blockchain has the characteristics of "minority obeys the majority" and "everyone is equal". The "minority obeys the majority" does not completely refer to the number of nodes, but also the computing power, the number of shares or other computers that can be compared. Feature amount. "Everyone is equal" means that when a node meets the conditions, all nodes have the right to give priority to the consensus result, which may become the final consensus result after being directly recognized by other nodes.
2. Principles of Cryptography
In the blockchain, the dissemination of information is based on the asymmetric digital encryption technology of public key and private key to achieve mutual trust between both parties. In the specific implementation process, after the information is encrypted by one of the public and private key pairs, it can only be decrypted by the other key. And after one of the secret keys is made public (that is, the public public key), the other undisclosed key (that is, the private key) cannot be calculated based on the public public key.
3. Distributed storage
The distributed storage in the blockchain is that each participating node has an independent and complete data storage.
Different from traditional distributed storage, the uniqueness of blockchain distributed storage is mainly reflected in two aspects: First, each node of the blockchain stores complete data according to the block chain structure, and traditional distributed storage Generally, the data is divided into multiple copies according to certain rules for storage. Second, the storage of each node in the blockchain is independent and has the same status, and relies on the consensus mechanism to ensure the consistency of storage, while traditional distributed storage generally synchronizes data to other backup nodes through the central node. Data nodes can be different physical machines or different instances in the cloud.
Four: future development trends
Blockchain will have a huge impact on the existing economy and society, and is expected to reshape the form of human Internet activities.
The recent development trends of blockchain mainly include the following aspects:
First, the application mode upgrade. In view of the balance between the security of the public chain and the increasing transaction volume on the capacity of the existing network, the application fields of the blockchain in the future will be dominated by alliance chains, private chains or hybrid chains. The Bitcoin model increases the maintenance cost of the blockchain network and is not fully applicable for low-value, low-risk transactions. Taking into account the improvement of efficiency and security, the future will be composed of consortium chains, private chains, or a hybrid chain composed of consortium chains and private chains.
Second, decentralization. The future blockchain system architecture will be to build a trustworthy multi-center system, and upgrade the decentralized and independent individual centers to a unified multi-center with multi-party participation, thereby improving the efficiency of trust transfer and reducing transaction costs. That is, in an environment of information asymmetry and uncertainty, to establish a "trust" ecosystem that satisfies the occurrence and development of various activities.
Third, the socialization of smart contracts. In the future, all contractual agreements will be intelligent, and the use of smart contracts can ensure the reliable execution of all agreements and avoid tampering, denial and breach of contract. In addition to transforming tangible assets in society into digital smart assets for confirmation, authorization, and real-time monitoring, blockchain can also be applied to intangible asset management in society, such as intellectual property protection, domain name management, and point management.
Five: Smart Contracts
A smart contract is an application that holds value, stores data, encapsulates code, and performs computational tasks. A contract is a collection of code (its function) and data (its state) that exists at a specific address on the blockchain. Contract accounts can transfer information between each other and perform Turing-complete operations. Contracts run on a blockchain called Ethereum Virtual Machine (EVM) bytecode (a binary format specific to Ethereum). Contracts run on a blockchain called Ethereum Virtual Machine (EVM) bytecode (a binary format specific to Ethereum). However, contracts are typically written in high-level languages such as Solidity, which are compiled into bytecodes uploaded to the blockchain using the Ethereum Virtual Machine compiler.
Six: business strategy
Etx Link's most enduring and fundamental competitiveness lies in its strong R&D team, which guarantees world-class stability and service quality. At the same time, Etx Link's capable operation team will create a bright and prosperous future through long-term, large-scale online/offline promotion and operation. Most trading commissions will be awarded to active users who trade, invest and promote Etx Link. Incentive policies can keep active users motivated and make their business more active. On the other hand, the invitation reward program among users will greatly increase Etx Link's subscription volume and transaction volume. Soon, the goal of becoming the top ten most popular trading platforms in the world will be achieved.
Seven: Engine high performance
The trading system adopts hardware-accelerated high-efficiency memory matching technology, with a peak order value of 2 million+/sec and a peak order processing value of 1 million+/sec. These statistics are hundreds, if not thousands, times higher than normal industry standards. Therefore, in times of boom, the entire core order process can be guaranteed without delays or lag.
Eight: stability
The core trading system of Etx Linkdraws on the most advanced underlying financial system design scheme, adopts advanced
multi-layer multi-cluster architecture. Make the underlying core transaction system and accounting system, so as to ensure that the system is hard
stability in the event of a software failure or even a natural disaster.
Nine: Etx Link products
The cryptocurrency issued by the Etx Link cryptocurrency trading platform is referred to as "TCH coin (Tiger Cash), with a total issuance of 1.05 billion. TCH is a decentralized Token issued based on the Ethereum blockchain ERC-20, and supports all Ethereum wallets.
Ten: Etx Link's Values
In the Etx Link system, the following core values are always implemented:
• Open and transparent pricing to achieve win-win for all parties
• Content producers have fundamental ownership of the content
• Content producers have the priority to benefit
• All forms of contribution should have quantifiable benefits
• Users can not only contribute content, but also contribute time and labor for content promotion and distribution, screening and review, and system operation. According to the user's level of participation, they will receive rewards calculated according to rules and formulas. Passive target audiences will convert into active contributors within the system.
• All benefits are positively related to the user's reputation
• Etx Link's fundamental purpose is to serve the public
Etx Link is a decentralized system run by a non-profit foundation. Its fundamental purpose is to serve the public and maximize the value of content producers and system participants. All participants will benefit from the prosperity of the ecosystem itself. and grow.
Eleven: Mission and Vision
Etx Link's mission is to promote the free flow of digital value around the world. We believe that in the future, everyone will own digital assets, and technological progress will reshape the world's value creation and distribution methods. We will continue to apply the most cutting-edge technologies to make it easy for everyone. Started products, let the blockchain benefit more general public.
In the process of promoting the fusion of the encrypted world and the traditional world, it will also open the door to the future of the digital world for Etx Link.
Etx Link's vision is to make blockchain work for the masses. We firmly believe that the blockchain, which combines the characteristics of decentralization and transparency, will greatly accelerate the global and free flow of value.
Twelve: Future Outlook
Etx Link will vigorously promote the process of decentralization and build a community of interest users and protocols for Web3.0 benefit sharing. Etx Link believes that the future Internet should be user-created, user-owned, user-controlled, and protocol-distributed. Therefore, based on blockchain, Etx Link is actively exploring and implementing the following areas:
1. Decentralized Identity
2. NFT ownership, management and trading
3. Metaverse builds a network platform, including work, social networking, games, etc.
As an early developer, promoter and contributor of Web3.0, Etx Link will establish, fund and support the Web3.0 team; set up the Web3.0 Incubation Fund to speed up the Web3.0 ecological construction,
Etx Link will build Etx Link-Web3.0 community, explore the Web3.0 world with all Etx Link users.