Serie 8 — Twogap white paper quote
First Layer — blockchain infrastructure
Twogap using Ethereum blockchain infrastructure — To run Twogap hybrid Platform.
Twogap Hybrid Platform on Ethereum blockchain
TGT token is an ERC20 token
Advantages: Ethereum is the second largest blockchain network worldwide, after Bitcoin blockchain. The number of nodes in Ethereum is very difficult to assure, if not impossible, of 51% attacks, stable networks, and a strong community of developers.
Disadvantage: High Charge — For high value transactions the Cryptobonds on Twogap platform is not a microtransaction, so high fees on the Ethereum network are acceptable. High fees on Ethereum do not become a barrier to Cryptobond trading on the Twogap platform. Transaction speed is slow 15 TPS — this rate is acceptable for Cryptobonds transactions because it is not a micro transaction. Scalability is not strong, but this weakness does not become a barrier to Cryptobonds transactions as it is not a microtransaction.
Second Layer — Bond, Stock, Goods tokenized solutions
Technology description
Encryption, transaction processing, listing, by 0x protocol
Off-chain order relay
On — chain settlement
In the 0x protocol, the order is transported off — chain, massively reducing gas costs and eliminating blockchain bloat. Relayers help broadcast orders and collect a fee each time they facilitate a trade. Anyone can build a relayer.
Most visualize — programmer-less — Graphical interface
Buyer graphical interface.
Issuer — Seller graphical interface
Dealer graphical interface
Liquidity interpenetrated pool
Two options for issuing CryptoBond: Option one — fixed interest rate. Option two — bid interest.
Tokenization and transaction mechanism
Based on demand-side research, the Twogap platform offers a broad range of basic features for Twogap’s Encrypted, Underwriting, Settlement, Clearing, Buying and Selling, and Blockchain exchanges. The solution now is encrypted into CryptoBonds with the most intuitive and graphical graphical interface.
Advantages: The interface and smart contract of 0x has been optimized for Fintech applications on Ethereum. The technology of 0x has been tested, applied on a few dozen Fintech projects showing efficiency, stability and convenience.
Disadvantage: 0x has no technology solutions and market solutions to create active liquidity for financial products.
Third Layer, Cross-Liquidity Protocol
Technology Description
For Exchange owner : API / SDK connects Crypto Exchange and Traditional Securities Exchange to verify KYC / AML, OFAC, buy / sell transaction processing, order matching.
For end user : Cold Wallet + Hot Wallet combine Crypto Exchange + Traditional Securities Exchange
For dealer: Framework, Toolkit, Server for easy clone, fast ( one day ) model Cold Wallet + Hot Wallet combine Crypto Exchange + Traditional Securities Exchange.
Smart contract will coordinate the transaction upon request, the token of the system as the intermediary transfer volume and transaction value.
Incentive Mechanism (TGT) tolls of the Liquidity Pool node system, applied to three cases with a system token that participates in the core protocol.
Difficulty increasingly
Difficult = D = T / S
S: total supply of TGT-Token
T: number of TGT-Token exists in pool
Input of token fuel circle
User Fees = ((F + C + E) * W) -
F: network fees
C: cross-exchange fees
E: exchange fees
W: wei percent of total
Output of token fuel circle
Reward = ( N / M * T * W ) / D
N : number of transaction of Exchange
M : total of transaction of all Exchanges
T : number of TGT-Token exist in pool
W : wei percent of total
Fourth Layer, Twogap Algorithm Store (AI/ML)
“Soon the books will read you while you are reading it” — Homo Deus
The flow of data through Twogap’s Cross-Exchange and Cross-Exchange is handled through AI, Twogap’s ML algorithm, and the developer community will help the Issuer, Exchange Owner, Investor, and Trader understand each other by adjusting their status. Protection of the interests of each party and protection of the market, data and predictions, hints acquired not only in transaction history but also in the records of Bids, Asks, Long, Short. To ensure the continued evolution of technology solutions, Twogap not only relies on the core team, it also encourages participation and development from the developer community.
- Stored algorithms support for three core core technology solutions that create Twogap’s interconnected liquidity.
- Developers can contribute or sell their algorithms on the Twogap Store. Buyers are Twogap, the Exchange developer, publishers, sponsors and traders.
- Non-exclusive data — shared between Cross — Exchange, Issuer, Underwriter, Relayer, Investor, Trader — for the benefit of all parties involved.
- Using Machine Learning and AI Algorithms to analyze data to help adjust FOMO — FUD psychology in the investor, trader community, thereby regulating the amplitude and decreasing scale of the whole market.
- Algorithm Store: Developer sells his solution here
- The developer contributes to the TGT token reward system from the system allocated from the TGT token reserve pool through the Incentive Mechanism.
Fifth layer, system security
Identify potential threats to the system and partners and prevent solutions.
- Eavesdropping between client and API server and gateway server (Blockchain server): Encrypt data before sending. Also for each transaction will be mapped with a random sequence of payload (payload).
- DDOS: Solution for load balancing.
- User access is unauthorized: Encrypted before being stored on the server, only users can access.
- Unauthorized access to the server: Limited access to the server.
- Unauthorized data access: Using a password to scramble (Multisignature)
- Hire a professional security consultant
Twogap Hybrid Platform is the foundation future of the Cross-Liquidity Alliance. A growing number of new members are the traditional stock exchanges and the Crypto Exchanger joins the alliance as the indispensable process — you can imagine would there be a commercial bank in the world outside the global banking system that still exists?
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