CYBEX co-founder Chen Yamfong: 5 major features to build a central-oriented exchange based on graphene

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Author: Small Rhino Cybexexchange Cybexexchange

Graphene, a block-chain underlying technical architecture created by EOS founder Daniel Larimer, has developed far-reaching projects such as Bitshares, Steem, and EOS based on this architecture.


January 21, 2018, the Graphene developer conference is held in Shanghai. The purpose of this meeting is to hope that the graphene community can enhance cooperation and communication and produce more and better works in the area of block chains.


CYBEX co-founder Chen Yamfong was invited to attend the meeting as a guest speaker.


Chen Yamfong in the meeting mentioned that Cybex as a future trading system based on graphene block chain, after the on-line will solve the current central exchange of capital security problems and investor confidence crisis.

all transactions to the central exchange are carried out on the chain, safe and transparent, without fraud.


Chen Yamfong at the meeting in detail on the Cybex Exchange's 5 major features and behind the complete strong team.


1. Atomic Trading


Atomic trading refers to the realization of a trans-chain transaction between two currencies without having to trust a third party.


What is the meaning of this?


At any time in the past, we have to achieve transactions between the two currencies, such as BTC and ETH, either on the exchange or on acquaintances.

But exchanges and people, is always a trust subject, can not achieve full trust. People may cheat, and exchanges may even go bankrupt.


and atomic transactions, so that each currency swap, no longer need to trust any third party, only need to trust the system.


September 22, 2017, Charlie Lee's first experiment in atomic trading was successful: LTC and BTC successfully exchanged.


this time, Cybex is expected to become the first central exchange to achieve atomic trading.


Cybex Atomic Trading Sample diagram


2. Managed Gateway


Through our eco-system partners Nebula Crypto-assets, Cybex has the hardware multiple signature encryption Asset hosting function that is placed in the gateway.


This feature securely locks the private key in the hardware of the USB key and does not go into the memory of any server.

Cybex Managed Gateway sample diagram


3, go to the center of public sales


Cybex allows users to post their own assets and launch a public sale.

In addition, a set of predefined templates is provided to help users start their experience immediately.


One of the options is the interactive token issue (interactive coin offering), which Vitalik Buterin and Jason Teutsch , which has been built in since the date of the Cybex online.


Cybex go to the center of the public sales sample diagram


4. Price Stable currency


Cybex will launch a stable currency of convertible fixed assets to help promote transactions and minimise the volatility of encrypted assets.


This will be achieved by automatically adjusting the supply and demand relationship by using Bitcoin based collateral combined with dynamic interest rates.

Cybex Price Stability Currency sample chart


5. Hardware Cold Wallet


CYBEX The Nebula Crypto-assets custody, a customized cold wallet based on multiple signature/secret sharing algorithms, provides more security for the gateway's main cryptographic assets (for example, 95%).


At the same time Cybex also offers an optional hardware cold wallet for the client.


Cybex Hardware Cold Wallet Sample diagram


In the next process of 2018, the Cybex mobile end application,

Client wallet multiple signature and multiple currency support, wallet atomic transaction, hardware Wallet prototype with fingerprint sensor associated with Cybex account will be released successively.



Cybex Core Team

"The龚鸣 Prince" is one of the first people to translate BTS white papers in China.

As an early preacher of the industry, he led the love of Western Europe as the oldest love of Western Europe platform, set off a global love of Western Europe frenzy. His life experience was dramatic and very tough.

His past 5 years of industry experience and resource accumulation have provided strong support for Cybex.


Wang Jian Bo , a senior trader, has served as Deutsche Bank, Citibank and Credit Suisse. His rich trading experience, and market maker Resources, will provide support for system improvement and liquidity.


Consultant Team

More Cybex Team Introduction please go to Cybex website to view: Http://cybex.io


believe that the power of technology, the user will be the first to protect the interests of investors, concerned about the healthy development of the industry.

Cybex Team requires each staff to uphold the same enterprise value concept, and constantly polished products, and strive to bring users a better quality of use experience.


Cybex will work with many developers in the graphene community to build a good developer environment and drive the rapid development of the block chain economy.


The Graphene Developer Conference site


CYBEX

Go to the center of the Digital exchange


Website address: Http://cybex.io

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This article only the representative's personal opinion, does not represent the block chain pencil position, does not constitute the investment proposal, the content only provides the reference.



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