ExCraft Launches First DAO, User-Governed Cryptocurrency Exchange
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ExCraft Launches First DAO, User-Governed Cryptocurrency Exchange

THELOGICALINDIAN - n-a

Hong Kong, 10 August 2018 – ExCraft (www.excraft.com), a cloud-native cryptocurrency barter based in Hong Kong that accouterments a DAO babyminding ran by the users and pools, was launched today. ExCraft stands out by actuality a association and basin focused exchange, advantageous traders through a aggregate of “Proof of Existence” (PoE) and “Proof of Stake” (PoS) mechanisms, acceptance power-users to actualize pools, vote for new activity listings, and alike actualize committed basin exchanges based on its abiding and fair PoE and PoS meritocracy.

ExCraft introduces the aboriginal decentralized free alignment barter managed based on a distinct or affiliated user barter aggregate meritocratic Proof of Existence voting system. Verified KYC (Know Your Customer) users will be able to vote on advertisement new projects to be sponsored in the exchange. The ExCraft association ethics all users ascribe as able-bodied as those who barter best frequently.

ExCraft introduces the aboriginal decentralized free alignment barter managed based on a distinct or affiliated user barter aggregate meritocratic Proof of Existence voting system.

The babyminding of the DAO will amalgamate ExCraft with a Congress and a Senate fabricated of Pool Masters and Grand Pool Masters to which all votes will be submitted. All votes will be subjected to a Congress and a Senate acute arrangement voting based on both KYC users and the meritocratic system:

ExCraft will actualize an antecedent decentralized account by advantageous users based on “Proof of Existence” (PoE).

ExCraft will actualize an antecedent decentralized account by advantageous users based on “Proof of Existence” (PoE). The ExCraft belvedere will acquaint three abstracted means to accolade users for their activity, with its own ERC20 accordant EXT token. The accolade arrangement is advised to sustain the EXT badge abridgement ensuring amount redistribution and access over time:

This avant-garde trifecta of user action accolade possibilities puts ExCraft a footfall advanced of added barter as it ethics all users based on a meritocracy arrangement absolutely new to the industry.

The ExCraft Barter Belvedere is implemented in Google Compute Platform, custom congenital to abutment both aegis and performance. The cloud-native barter belvedere is architected to be both modular and scalable by utilizing docker for encapsulating key apparatus into a set of microservices managed by Kubernetes.

Unlike abounding acceptable caked centralized exchanges, the ExCraft architectonics promotes achievement by acceptance the barter to bound add added assets and changes in functionality with basal to no disruption to any absolute trading activity. The barter belvedere has been activated to abutment bags of trading pairs with an all-embracing adequacy to abutment tens of millions of affairs per second.

The ExCraft belvedere utilizes docker not aloof as a agency to accompany operational efficiencies but additionally to abate aegis risks by compartmentalizing analytical casework through arrangement abreast and ability management. Should a vulnerability be begin in one service, ExCraft uses accustomed docker containers with Kubernetes to accomplish “deny by default” to abate the achievability of an antagonist application a compromised account from accessing addition service.

About ExCraft

ExCraft is registered in Hong Kong with the abutment of the Hong Kong Science Park, and invested in by Collinstar Captial, Eagle Fund, BXTING, RC4. The activity is spearheaded by Roy Lam kt, CEO, and aboriginal bitcoin investor, advance armamentarium administrator and celebrity in aerial IQ and anamnesis championships. The abstruse architectonics of the barter was developed beneath the leaderships of CTO Benjamin who brings over a decade of acquaintance and assorted patents from alive as Senior IT Architect and CTO at assorted dejected dent tech companies.

Follow ExCraft:

Website: www.excraft.com

Facebook: https://www.facebook.com/ExCraftExchange

Twitter: https://twitter.com/ExCraftExchange

Telegram: https://t.me/ExCraftExchangeEN
Medium: https://medium.com/ExCraftExchange

Naver Blog https://blog.naver.com/excraft_exchange

Media Contact:

Influence Matters PR

[email protected]

www.influencematters.asia

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Images address of ExCraft, Shutterstock.