ICTE Distributed Technology

ICTE
iCTE News
Published in
2 min readDec 4, 2019

ICTE is a decentralized, cross-blockchain cryptocurrency exchange that supports high-frequency trading. We have developed a highly optimized messaging system and are currently tuned for 20-second block validation and settlement cycles. ICTE is creating a platform that supports public and private blockchain to blockchain transactions. Additionally, we will be charging the lowest exchange fees on the market. We are looking for ICTE instance operators to distribute our software around the globe to ensure a trustless environment.

The technology that ICTE uses is GraalVM with native docker images on major operating systems, WebAssembly across all popular browsers, Cloudflare’s CDN optimization and security, IPFS’s distributed file system, REST/WebSocket microservices with the smallest optimized protocol messages for our consensus algorithms, and communication with other blockchains through our blockchain. With SSL Port 443 being the only publicly exposed port across our whole network, we remain fast, secure, anonymous, and light to maintain for our clients and nodes. Further, ICTE has a procedure that produces the entire suite within minutes, all accessible through your own domain.

While ICTE’s network acts as a single entity, ICTE instances advertise their “abilities” which are related to the services they perform, ranging from blockchain transactions to cross-blockchain trading. Ability filtering turns our distributed environment into a truly decentralized one, where secure protocol messages are only sent to the instances with the ability to manage those messages. Ability-based identification allows the instances to efficiently communicate in a totally anonymous and secure network environment.

These are the basic categories of instances that ICTE will be offering to the crypto community:

1. Blockchain Explorer Node ( BlockExplorer ) — Base functionality of all ICTE instances.

2. Crypto Exchange Node ( Alpha ) — BlockExplorer with added trade services ( Matching Engine, Trade APIs, Trade screen in the mobile app )

3. ICTE Issuer Node ( Issuer ) — Designed for coin issuers to take any service and tokenize it quickly and efficiently.

ICTE is deploying and testing the Blockchain Explorer Seeders ( responsible for distribution at the genesis ). The instance deployment procedure has been employed in different clouds, in many parts of the world, and with various operating systems; and with rigorous security, efficiency, and immutability tests. It has been successful. Soon you will be able to join www.icte.io by launching your own instance and revolutionize the crypto exchange space. 😉

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ICTE
iCTE News

Unique Model of Cross-Blockchain Decentralized Crypto Exchange