BitcoinDark

BitcoinDark BTCD

Decentralized org. structure
  • Unclear project or product status
87 Rank
$234.48 Price
18.82% % 24h
-0.81% % 1h
$302,217,560 Mkt. Cap
$2,323,550 Vol. 24h
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BitcoinDark project purpose and description

BitcoinDark purpose and aspects

Developers moved to Komodo coin (KMD), Unclear project or product status

Short description

BitcoinDark is a Proof of Stake Cryptocurrency. The first two weeks after release will consist of a two week Proof of Work period.

Abstract

The BitcoinDark platform has integrated InstantDEX (iDEX), allowing decentralised trading from a range of sources within the client. The current iDEX-enabled wallet is a beta release intended for testing by the community. Feedback and support can be found on the BTCD bitcointalk forum and on the BTCD SuperNET Slack channel.InstantDEX has been in development for over a year, and this is the first time a working version has been released for public use. InstantDEX is decentralised trading middleware: a piece of software that sits between users and exchanges, allowing composite orderbooks to be built up from a number of sources, including traditional centralised exchanges such as Poloniex and Bittrex, the distributed Multigateway, and other decentralised options such as Nxt’s Asset Exchange. Trades are negotiated directly between peers in near-realtime. Nominal flat fees are charged (rather than a percentage of the trade), depending on the transaction fees and the source of liquidity. Integration of InstantDEX is a core element of BitcoinDark’s strategy to recover cryptocurrency’s ideals of decentralisation, allowing any user to trade with minimum risk from centralised exchanges and no requirements for KYC.

Link to Roadmap: N/A
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