With the block chain industry gradually becoming mature and its acceptance by mainstream institutions, the transformation of the traditional financial industry will be a common trend.
Based on the algorithm of high-frequency transaction, millions of transactions can be carried out every day, and all of which can be overturned by the rise of the exchange (COTP). Different from common exchanges in the market, COTP exchanges are distributed all over the world and they usually run by anonymous communities.
On August 30, 2020, users of Uniswap, the most popular exchange, traded encrypted currencies worth US $426 million in one day, which surpasses the mainstream encrypted currency exchange coin base.
Dariush, CTO of COTP, said: “if most transactions occur at the time of price discovery, then we need to have a more complex market making strategy.” Darius has been engaged in algorithm transaction business since 2006 and entered the encryption market in 2016.
According to Dariush, if a transaction robot can carry out its transactions faster than its competitors, profits can be created faster than the market. COTP can even run a node and act as an identifier,so that they can reorganize transactions in a block to ensure that their transactions can be carried out faster than others.
When carrying out transactions in the currency circle, especially when participating in contract projects, Caton and downtime will become two of biggest problems in the market. It is likely that downtime in a short period can lead people engaged in coin industry to break their positions directly and cause serious losses.
The research and development team of COTP exchange originates from all over the world and has rich experience in financial management and the development of block chain technology. The independently developed high-frequency transaction matching engine can carry a large number of concurrent transactions, which far exceeds most exchanges in the market. High frequency transactions is one of the biggest highlights of COTP exchange. The high-speed matching transaction pair can perfectly solve problems of jam and downtime in the operation of the exchange. It is the primary guarantee for COTP to ensure the smooth experience of coin friends and the safety of funds.
Hot and cold wallet technology ensures double protection of capital security
According to the cryptography community, the cryptography foundation of block chain (sha256 and EDSA) is absolutely secure under the current decryption technology capability. The main problem of digital currency security lies in the preservation of private key. Cold and hot double money package is adopted by the COTP exchange to ensure the security of user funds.
COTP exchange has three conspicuous advantages:
Safe and reliable
Developed by the world’s top technical team, it has a mature financial risk control system, complies with the encrypted currency security standard (CCSS), and multiple security mechanisms that can ensure asset security.
Professional
The self-developed high-frequency transaction matching engine can carry a large number of concurrent transactions, and the matching performance is up to 5 million transactions per second. The unique distributed architecture ensures the best user experience in the world!
Stable and reliable
The industry-leading and multi-level disaster recovery and high availability architecture, decentralized hosting and clearing technology, and super anti DDOS attack system can always ensure the safety of the platform!
Decentralization is the development trend of the exchange in the future, and COTP exchange is expanding the field of DeFi and will empower COTP again, making COTP more promising in the future!
Read more: https://www.digitaljournal.com/pr/the-safety-of-users-funds-is-ensured-because-cotp-exchange-creates-its-own-high-frequency-trading-matching-engine#ixzz7SFqDPsgG.