Combining centralize and decentralize exchange:

raymond chua
3 min readJun 10, 2018

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The Qurrex ecosystem is a trading platform that’ll perform different functions—it’ll be a centralized node whose effectiveness can be compared with cutting-edge, modern exchanges; it’ll include client functionality that’ll meet the demands of the users of different stock exchanges and even FX brokers; moreover, it’ll be a complete blockchain network that’ll eliminate middlemen, provide enhanced security, and give the users aggregated liquidity coming from different network nodes.

All in all, Qurrex is successfully setting the most rigorous industry standards in the whole crypto-economy landscape. This ecosystem plans to be the first-ever universal crypto exchange that’ll be based on the most high-performance architecture that’s taken from prominent global trading portals.

Additionally, this project will become a key factor in developing the crypto economy as a whole. That’s because the project will not only satisfy the needs of all the existing exchange users but also streamline new participants that aren’t represented in the crypto world.

How is Qurrex doing compared to other exchanges?

Qurrex is a project of a hybrid crypto exchange which, according to the White paper, will combine all the advantages of centralized and decentralized platforms, in particular, providing its users with high transaction speed, an increased level of protection of confidential information and absolute transparency of business.

Qurrex DEX blockchain is built of two types of nodes: confirming nodes and user nodes. The DEX protocol allows confirming nodes to charge other nodes a commission for the deals and transactions. The commission is charged in the deals's (transaction's) cryptocurrency.

There is a special kind of trading orders: DEX Cross-Chain cross-platform atomic orders (transactions). Cross-platform orders are charged just once, when being placed on decentralized nodes. Such orders are included in blocks as DEX transactions, while the confirming nodes charge their commission.

Qurrex founds special cryptocurrencies (qBTC, qETH). A trader can exchange these cryptocurrencies through DEX and his trades are to be charged for the deals theirselves, not for separate blockchain transactions.

Links to follow:

Website: https://qurrex.com

Whitepaper: https://drive.google.com/file/d/1klzZPHdjCBnurHCJjJbjwsed_5rx4W1U/view

Author: acidburn14

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2119646

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