Taurus0x is a distributed, open-standard protocol for decentralized derivative trading.
"A Distributed off-chain / on-chain protocol powering smart derivatives from end to end, for any asset over any network".
A project and platform that is an open standard protocol that facilitates decentralized trading of digital asset derivatives.
The project intends to standardize derivative trading and provide a distributed blockchain backend for persisting and executing contracts. The project adopts an off-chain/on-chain approach. In which Contracts are generated and signed securely offline, and may be transmitted over any medium.
CATEGORIES OF TAURUS0X USERS.
- EXCHANGES: The Taurus0x is not an exchange on its own. Rather it will be classified as a market-maker protocol, that has native support for centralized and decentralized exchanges. With Core developer tools that make it simple for order relayers to plug and play a standardized derivative trading module.
- TRADERS: The Taurus0x is ultimately a peer-to-peer protocol that is also built for traders. The versatility of the protocol which allows traders to participate in speculative markets seamlessly. Taurus0x open standard will pave the road for a unified experience and lighter knowledge-base for traders.
- DEVELOPERS: The Taurus0x is an open-source, therefore the community's developers will be the executive branch of the Taurus0x Trust foundation. DApp developers may build open-source or proprietary Fintech applications that comply with the foundation's guidelines.
THREE BENEFITS OF USING TAURUS0X
- DISTRIBUTED: The Taurus0x is 100% distributed without a centralized point of presence. The protocol powers decentralized peer-to-peer derivative trading. Taurus0x runs off-chain using state-of-the-art cryptographic functions, and settles contracts on the Ethereum blockchain with zero downtime and built-in trust management.
- PLUG And PLAY: The Taurus0x is not an exchange, rather a base layer protocol that powers derivative markets for any type of exchanges, not limited to cryptocurrency. Centralized and decentralized exchanges can plug and play Taurus0x in an existing ecosystem and have automatic support for derivative trading without writing a line of code.
- OPEN-SOURCE: The Taurus0x is an open-source project made available for contribution by the blockchain community. The project is composed of Solidity smart contracts and a JavaScript software development kit to bootstrap developer adoption. The protocol evolution is governed by a Decentarlized Autonomous Organization or DAO.
HOW TAURUS0X PLATFORM WORKS
THE PEER-TO-PEER FUNCTIONALITY OF TAURUS0X
THE EXCHANGE FUNCTIONALITY OF TAURUS0X
TAURUS0X TOKEN (Join Token Sale)
Taurus0x is a project with experienced Team and Advisors. A Project of Standardization of protocol messaging formats in other to facilitates inter-exchange, inter-dApp operabilityand mitigates data fragmentation.
PROJECT LINKS:
IN SUMMARY: Taurus0x is a highly versatile and modular protocol built using Ethereum-based smart contracts and wrapper JS libraries to bootstrap developer adoption.
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Bitcointalk ID: Toyo87
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1023774
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