THELOGICALINDIAN - In Feb 2024 the official website and white cardboard of the BITGAME activity as the aboriginal blockchain bold barter activity in the apple were appear We can apperceive the approaching trend of the centralized exchanges from this project
Now there are added than 7,000 agenda badge exchanges in the world, wherein added than 95% exchanges are the centralized exchanges. The centralized exchanges are above to the decentralized exchanges in the user adventures such as transaction amount and transaction cost, but the aegis of the centralized exchanges is inferior to it of the decentralized exchanges. Distribution of transaction users and calibration makes all-around agenda badge exchanges face to some problems such as bereft transaction abyss and abridgement of mobility, including some boilerplate transaction pairs such as BTC/ETH, BTC/USDT, and ETH/USDT.
To appearance K band graphs of boilerplate affairs of any exchange, if the continued high adumbration or continued lower adumbration frequently occurs, it indicates that this barter includes some astringent problems in transaction abyss and mobility.
E.g. for OKEX, the ETH/USDT transaction brace instantly fell to the arrangement (1ETH=0.002USDT) on Jan. 14.
When the bazaar amount adventures big movements, best of the exchanges are difficult to allegation and abjure the tokens due to centralized ascendancy apparatus triggered by advancement problem.
The barter account band-aid EaaS (Exchange as a Service) provided by the BIT.GAME activity aims to break the affliction credibility of bereft transaction abyss and abridgement of advancement and accommodate the front-end barter access deployment and back-end abstruse abutment account for the cartage entrance, activity entrance, and belvedere access in the anatomy of the blockchain.
EaaS can advice all parties in the anatomy alternation of the blockchain authorize exchanges to allotment the transaction abyss and advancement in an avant-garde address and analyze the new development arrangement of the centralized exchanges.
All exchanges administration the transaction abyss and advancement will compose an barter matrix, which is managed via the able arrangement alleged as Main Pool. Each barter in the cast will abundance assertive allowance in the Main Pool.
Exchange allowance = allowance accessory * circadian boilerplate transaction bulk of barter (average in 7 days)
The able arrangement of the Main Pool is composed of two aspects:
Transaction bulk ecology in the allowance cycle: absolute about-face from this barter shall not beat 120% of the 7-day boilerplate transaction bulk of this barter in distinct allowance cycle. Otherwise, the allowance shall be added. If the allowance is not added, the transaction abyss and advancement administration will be broken.
Transaction bulk ecology in the time cycle: the absolute transaction allocation from this barter shall not beat 100%/25%/10%/2% of the allowance bulk in the assemblage time(1Hour/15Min/5Min/1Min). Otherwise, the allowance shall be added. If the allowance is not added, the transaction abyss and advancement administration will be broken.
Transaction bulk ecology in a distinct transaction: distinct transaction allocation from this barter shall not beat 1/50 of the allowance bulk in distinct allowance cycle. Otherwise, the allowance shall be added. If the allowance is not added, the transaction abyss and advancement administration will be broken.
The associates of the barter cast shall bear the agenda tokens by a assertive aeon (6 hours). The exchanges, which adjournment delivery, will anon abstract the agnate agenda tokens from the margin.
The allowance accessory of this barter will be bent by the abilities and circadian transaction bulk of the exchange.
The barter cast can be accustomed based on the able arrangement EaaS-Main Pool advocated in the BIT.GAME project, which can finer affix all-around large-size, medium-size and small-size centralized exchanges and assemble the new transaction belvedere with the acute transaction abyss and abounding mobility.
More information:
Official website: https://bit.game
Telegram: BitGameEN
Twitter: BitGameEN
Beechat: BitGameEN
Facebook: Bit.Game
Images address of BitGame
