A High Availability Exchange Platform (AMPLIFY) Based on Focusing on Fiat to Altcoins that Stipulates High Performance Rate

in #steemauto5 years ago (edited)

A digital asset or cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. Digital assets continue to gain momentum and people keep adopting the use of these virtual currencies to make payment and other online transactions. These digital assets could be utilized in several ways. You can choose to hold, invest, and trade these currencies in order to make gains in near future.

ABOUT AMPLIFY EXCHANGE

Amplify Exchange is a cryptocurrency exchange focusing on fiat to Altcoin markets. The concept was born out of the original Substratum ecosystem, which provides access to a decentralized internet.

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THERE ARE THREE BASIC CONCEPT OF AMPLIFY, WHICH ARE:

The ability to Connect, Earn, and Spend. These three basic needs that we all have in our digital lives are disrupted by digital borders raised by companies and corporations across the world today. Amplify aims to build its underlying blockchain network to solve the current problems of trust and data abuse.

To promote trust, every transaction done on amplify will be recorded on the blockchain (an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value) creating a decentralized and unbreakable "chain of trust.” Also, Utilizing a blend of blockchain & other best in breed technologies the combined team of Substratum & Amplify will deliver each of these basic needs back to the digital citizens of the world.

ABOUT CONNECT: The history of the blockchain and cryptocurrency space is a short one but Substratum has already proven itself a leader in the space. Connecting buyers and services providers directly to each other (peer to peer) so as to eliminate the huge payment of commission (usually fiat) paid to them.

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THE PROBLEMS WITH THE EXISTING CRYPTOCURRENCIES IN THE MARKET

The access of various users’ information has its demerits in terms of:

Problems such as throughput, security, latency, usability, performance inefficiency

Lack of privacy being given to various websites

The information provided by the users can be prone to hacking activities

The users themselves don’t get full control of the information and assets given to these websites.

In response to the various problems highlighted above, a new blockchain-based cryptocurrency was birthed. I would like to introduce you to Amplify, which is a faster, scalable and market-friendly cryptocurrency designed to outperform the exіѕtіng cryptocurrencies іn termѕ of speed of transactions, haѕhrate, security, latency and ѕcalabіlіty.

SOLUTION TO THE PROBLEMS

Amplify combines the SUBSTRATUM protocol, chain structure function to build a novel cryptocurrency with a transaction processing speed as fast as the speed of light while maintain the security of these transactions and is set to reposition blockchain for massive adoption due to the massive improvement that Amplify brings.

Amplify is definitely a step up to the existing blockchain networks because it has successfully provided solutions to the problem of transaction speed and interoperability problems that has hindered massive adoption of blockchain technology. The Existence of Amplify which is a decentralized platform for exchange marketplace provides a lasting solution to the various challenges faced by individuals and investors in accessing and processing of these in terms of: Increasing the privacy of users, using the platform in terms of operating on the Amplify token smart contract to make various users have full control in terms of Making the users have the control of whom to share their data or information with.

However, This crypto asset trading has led to the establishment of various cryptocurrency exchanges to spring up so as to provide the platform that enables people to trade their crypto assets. Amplify ensures that traders can have an awesome trading experience while also being rest assured that their funds are well secured. Amplify is quite unique in the cryptocurrency exchange space. Combining a state-of-the-art digital asset exchange platform with dividend sharing, security, trading rewards and innovative currency listing model to provide an efficient trading solution that every trader dreams about.

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In Conclusion, Amplify is a blockchian network which aims to achieve full decentralization of the blockchain network by bringing about full interoperability of all blockchain networks and improve on transaction speed while lowering the transaction approval speed to the bearest minimum. The network is reliable in that it is impossible form anybody to control the network no matter the amount of resources that the person possesses. Transactions on the Amplify network are protected with different consensus algorithms which ensure that there is total decentralization of the network. This makes it impossible for some dominant group of pools to control the network.

For more information

Token AMPX
Type Utility
Price in preICO 1 AMPX = 0.1 USD
Price in ICO 0.1500 USD
Country British Virgin Islands
Whitelist/KYC KYC

https://amplifyexchange.com/

https://t.me/AmplifyExchange

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