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Ethereum will stay, says Blockonix Exchange

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While ETH is going through a trauma state where everyone seems to dump their ETH, their are some believers who still believe Ethereum is the queen of Crypto

Decentralized Exchange Blockonix believe ETH will stay

While ETH is going through a trauma state where everyone seems to dump their ETH, their are some believers who still believe Ethereum is the queen of Cryptocurrency world.

Stating in a recent tweet, Blockonix, a Decentralized exchange says that the current market action is only wiping out the wrong players.

 

 

What are Ethereum’s Advantages?

1. Ethereum will always hold the first mover advantage. It is the most widespread platform for tokenization and has a strong community behind it.

2. Other projects claiming to be “better” than ethereum, are not 100% live yet. Although NEO and EOS are very close competitors for ethereum.

3. Ethereum might just jump back to a good price and the token can increase in price due to its demand.

 

What do you think about Ethereum? Do you think its dead? Comment below.

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Blockonix releases its updated roadmap, might shift its dApp to EOS or Tron

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Decentralized ethereum exchange Blockonix announced its new roadmap today mentioning about its plans to shift to other dApp platforms like EOS or TRON.

Decentralized ethereum exchange Blockonix announced its new roadmap today mentioning about its plans to shift to other fast and cheap dApp platform like EOS or TRON.

Blockonix Exchange currently runs on the ethereum network blockchain and lets the users trade Ethereum and Ethereum based tokens in a decentralized environment without the involvement of any third party.

The article posted by Blockonix reads:

The team is researching blockchains such as EOS, TRON, STRATIS, CARDANO and some others where the main point of concern is the adoption of the particular blockchain by users across the world.

 

roadmap

 

Blockonix roadmap as published here.

0% earning for Blockonix: Complete Decentralization

The Blockonix Exchange is one of a kind decentralized exchange which has every function from token listing to trading; on the blockchain, the company owns no wallet or functions of the exchange. Not only this, but the company works on a revenue-free model with all the fee earned through trading and listing of new tokens burnt automatically every day through an Ethereum Smart Contract. Apart from this Blockonix offers a tremendous amount of discount (70%) if the user pays the trading fees in BDT Tokens (The native token of the Exchange).

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Blockonix Decentralized Exchange exploring other blockchains

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Blockonix Decentralized Exchange revealed by an official tweet earlier today that it has started researching on other blockchains.

Blockonix Decentralized Exchange revealed by an official tweet earlier today that it has started researching on other blockchains. Blockonix had a successful launch of its decentralized exchange on the ethereum network earlier this year.

 


Blockonix Exchange currently runs on the ethereum network blockchain and lets the users trade Ethereum and Ethereum based tokens in a decentralized environment without the involvement of any third party.

Issues with Ethereum Network:

1. Slow
2. Boat the Blockchain: The on chain orders result in transactions that consume network bandwidth.
3. High gas cost
4. Upgradation issue: Users are forced to take out their funds from the smart contract during a smart contract up-gradation.

What can be the options for Blockonix?

 

EOS:

The EOS network is believed to overtake ethereum shortly as EOS Network is a faster and more reliable chain as some network congestions were experienced by people using the ethereum blockchain platforms whereas the EOS Blockchain seamlessly scales for a vast customer case.

 

Lisk:

Unlike other platforms, Lisk understands this hindrance of complex programming languages as it utilizes Javascript, which makes it simple for any developer to hop in. Lisk presents the idea of ‘Side Chain’ paired with an SDK which enables the developers to manufacture their blockchain and the decentralized applications on it while keeping it secure by appending it to the fundamental LISK blockchain. These side chains work independently from the primary blockchain. Subsequently, there is no impact of the happenings of Sidechains on the primary network while as yet staying secure as it’s kept up by the fundamental blockchain network.

 

Stratis:

Stratis supports C# compatible with the Microsoft.Net framework. It offers the end-to-end solution for C# blockchain applications from improvement to the arrangement on the .Net structure. It is a “Blockchain as a Service (BaaS)” that enables the developers to manufacture their uniquely designed decentralized applications.

 

Qtum:

Qtum is the hybrid blockchain that permits building DApps. Qtum can be used to host Initial Coin Offerings and it also supports ERC20 standards. It likewise supports SegWit and has a built-in-framework utilizing smart contracts. It empowers customers to change the blockchain parameters quickly and impeccably without irritating the natural network.

 

Cardano:

Cardano intends to make a cutting-edge smart contract platform and eco-system. Cardano is a decentralized open blockchain and is entirely open source so the source code is made accessible for utilize or adjustment as clients or different developers see fit. Cardano is in a race to create shrewd contract stage and it can convey further advanced features.

 

Which platform do you think is the future for Decentralized Exchanges? Tell us in the comments section below.

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Blockonix confirms the launch of its Crypto Wallet.

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Blockonix decentralized Exchange which was all over the news lately for being the cheapest and most user-friendly decentralized exchange will soon launch its cryptocurrency wallet- Blockonix Wallet as it revealed in a tweet today

Blockonix decentralized Exchange which was all over the news lately for being the cheapest and most user-friendly decentralized exchange will soon launch its cryptocurrency wallet- Blockonix Wallet as it revealed in a tweet earlier today:

 

Blockonix Wallet

The Blockonix Wallet will feature a large amount of Ethereum Based Tokens and just as the Blockonix Exchange, the wallet too is going to be fully decentralized and run on the Ethereum network (Blockchain).

 

Blockonix Exchange:

The Blockonix Exchange is one of a kind decentralized exchange which has every function from token listing to trading; on the blockchain, the company owns no wallet or functions of the exchange. Not only this, but the company works on a revenue-free model with all the fee earned through trading and listing of new tokens burnt automatically every day through an Ethereum Smart Contract. Apart from this Blockonix offers a tremendous amount of discount (70%) if the user pays the trading fees in BDT Tokens (The native token of the Exchange).

 

The team has not yet revealed the exact date for the wallet launch but it may be in the next few weeks as the team is currently in the testing stage of the wallet. The Blockonix Wallet could turn up to be positive for the Ethereum community as well which is facing a downfall from the past couple of weeks.

 

Will Blockonix Wallet help surge the price of ETH as well? What do you think? Tell us in the comments section below.

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