QUANTA Chain- Public blockchain for fast, open, and scalable digital assets exchange

brainpow (0)(1)in #bitcoin • 6 years ago

QUANTA gives liquidity to the market by building up a quick and versatile open blockchain for the trading of computerized resources over any blockchain. QUANTA is building its own blockchain network & decentralized exchange, using the highest performing consensus algorithm, Byzantine Fault-Tolerant (BFT) with “sharding” techniques that specifically addresses the scalability issues of high frequency trading.

QUANTA's cross-blockchain exchanging usefulness could develop some impressive publicity around this venture. QUANTA's DEX gives preferable assurance from hacks over a brought together trade; clients hold care over assets. Capacity to contend with brought together trades as far as speed, Autonomous on liquidity pools from speculators, for example, different DEXs, First trade wallet to help completely decentralized keys; Potential utilize cases outside of crypto (for example wagering, gaming, and so on.)

UANTA Chain is positioned to be the fast, open, scalable public blockchain for digital assets exchange across any blockchain where liquidity is provided instantly to user on any app, platform, or exchange.
Problems with centralized exchanges: Risky: stores order books, customer balances, … on traditional databases; holds your funds; holds the private key, High Listing Fee: high operations overhead; high listing fees between $500k and $2m
Problems of current decentralized exchanges: Blocktime: limitation by block time of the underlying blockchain platform e.g. 15+ seconds, Scalability: number of transactions are limited due to the underlying blockchain (e.g. 13 TPS on Ethereum) Liquidity: low liquidity or shallow order book

Team & Advisors
Quoc Le (Co-Founder & Managing Director): Loads of experience in (technical) lead positions; has working experience at IBM and PayPal (only for 9 months each though) but also worked at some larger companies.
Afonso Barbosa (Co-Founder & Director of Marketing and Operations): Former CTO of a leading touchscreen production company in Portugal. Lots of experience in product design, research, team and project management.
Minh Do (Chief Scientist): This is the distributed system scientist/research all-star behind the project. He worked at Netflix for 5 years and is the creator of Dynomite (https://github.com/Netflix/dynomite).
Zhongwu (Evan) Shi (Business Development): Formerly worked as a frontend developer, so he does not seem to have experience in business development.
Sergey Zhuravlev (Wallet & Security Engineer): Has quite some experience in software development and data science. One was his former projects was seemingly related to cyber security.
Fairiz Azizi (Special Projects): Forward thinker with loads of experience in software engineering. His role at QUANTA is unclear though.