Blockchain Technology was invented to create a fair and transparent credit system for all, a system that cannot be influenced but is highly secure but also gives everyone in the platform equal rights. In other words, Blockchain is:
• Secure
• Transparent
• Accessible To All
FEATURES OF HiBTC EXCHANGE
✓ SECURE: In recent years, Cryptocurrency exchanges worldwide have had to either tighten security or be attacked by the figurative wolves, these are hackers who specialise in stealing from exchanges because of the large amount of funds that pass through these exchanges on a daily basis, Little weaknesses are exploited as in the case of MtGox which is the first recognised cryptocurrency exchange, it was hacked sometime in 2014 and Billions of dollars worth of digital assets were carted away by hackers who rode into the figurative sunset and were never caught.
The geniuses behind the HiBTC Exchange platform knows this and this is why they utilised the services of renowned security experts to tighten the HiBTC Exchange Security, some of the security measures taken includes but limited to multi-layer firewalls, multi-signature, and cold hot money bag isolation programs to maximize the security of user assets.
• TRANSPARENT: This is definitely another aspect where HiBTC would mirroring Blockchain technology, The activities of the exchange would be published publicly so that it can be easily accessed by users and the information contained therein can easily be traced and verified, this is a giant innovation that has not been seen in another exchange platform and this is in line with HiBTC's aim of making the platform more accessible to everyone.
• WORLD CLASS TRANSACTION FRAMEWORK: One thing that has hampered the growth and adoption of Blockchain technology is their inability to handle huge amounts of transactions per second, unfortunately this is not limited to just Blockchain infrastructures, it also applies to some digital assets exchanges and this hampers the growth of the platforms.
HiBTc Team anticipated this and they took measures against it's occurrence by using a world class transaction framework that would be capable of handling Two Million transactions per second, this means that even if Twenty million people were trading in the platform and Two Million of them were making transactions every second, HiBTC matching algorithm would be able to comfortable handle the work load without even the slightest bit of problem.
• TRADING MINING AND REVENUE SHARING: HiBTC is the first platform to introduce such a revolutionary feature as the Trading Mining, Traders in the platform would be Mining HiBTC Tokens (HIBT) as they are trading plus holding the HIBT tokens, and to sweeten the deal, holding the HIBT token entitles you to share from a certain percentage of the revenue generated by the HiBTC Exchange, this is in line with the Blockchain Fundamentals of creating a fair and transparent financial Ecosystem.
The HIBTC Token
The HiBT Token which is also known as HIBT is much more than a utility token, it is the fuel that powers the whole HiBTC Ecosystem, it not just gives users the opportunity to earn part of the revenue generated in the platform, it also gives users power to contribute in the decision making in the Platform, for example, a group holding 5% or more of the total circulating supply of the tokens are eligible to suggest digital assets that would be listed in the HiBTC Exchange, it also gives users voting power and they can even help make crutial decisions in how the exchange is being run.
Having mentioned the feature of hiBTC above, it is pertinent to note that hiBTC have a unique feature called fomoHIBIT. HiBTC tends to set up a prize pool growing in size along with the exchanges growing incomes. HiBTC shall put the 100% of the daily dividend of the account “Holder Shared Fund” into the bonus pool, every day before someone trigger the price. Once the pool is triggered, the HIBTs trading contributors of the day will be distributed all prize in the pool.
Learn More about HiBTC and how they aim to be the new model in Cryptocurrency Exchanges with the links below
Website: https://www.hibtc.com
Whitepaper: https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Twitter: https://twitter.com/HiBTC_Exchange
Telegram: https://t.me/www_HiBTC_c
Writer's Details:
Bitcointalk Username: sweedy
Bitcointalk Profile Link: http://bitcointalk.org/index.php?action=profile;u=1821234