Sunday, July 1, 2018

REVIEW INITIAL COIN OFFERING TAURUS0X




On this occasion, I will discuss the initial coin offerings that can be used for various purposes. Taurus0x is great for long-term, sustainable projects for long-term investments. For those of you who still need an investment portfolio in the initial coin offering, I think Taurus0x should be considered. Hopefully, the explanation below can help you to see the review.

Anyone who fits Using Taurus0x ??


TRADER
Taurus0x is not an exchange. This is more of a market-maker protocol with native support for centralized and decentralized exchanges. The core developer tool makes it simple for order relays to install and play standard derivative trading modules



Merchants
Taurus0x is ultimately a peer-to-peer protocol built for traders. The flexibility of the protocol allows traders to participate in the speculative market smoothly. Taurus0x open standards will pave the way for a unified experience and a lighter knowledge base for traders.

Developer
Taurus0x is open-source, therefore our community developers will be the executive branch of the Taurus0x Trust Trust. Depp developers can build open-source or proprietary Fintech applications that comply with the foundation's guidelines.



Benefits of Taurus0x
Distributed
Taurus0x is distributed 100% with no centralization of attendance. This protocol empowers decentralized peer-to-peer derivative trade. Taurus0x runs off-chain using state-of-the-art cryptographic functions and completes the contract on Ethereum blockchain with zero downtime and built-in trust management.

Play and play
Taurus0x is not an exchange, but a basic layer protocol that drives the derivative market for all types of exchanges, not limited to cryptocurrency. Centralized and decentralized exchanges can plug and play Taurus0x in existing ecosystems and have automatic support for derivative trading without writing code lines.




Open source
Taurus0x is an open-source project provided for contributions by the blockchain community. This project consists of Solidity smart contract and JavaScript software development tools for bootstrap developer adoption. The evolution of the protocol is governed by the Decentralized Autonomous Organization or DAO.

Sample Put Contract
Consider the following put contract. The contract Maker foresees the value of BTC is higher than
8,000 USD by June 1, 2018. The contract Taker speculates otherwise. At any point before the expiration
date, if BTC value depreciates below the strike price, the Taker has the right to execute the contract.
In that case, the contract calculates the delta between the strike price and the price of BTC at the time
of execution. The contract then transfers the delta from the Maker to the Taker in TAUR denomination,
up to 1000 TAUR. Either way, the contract Maker has transferred the premium of 100 TAUR.


Binary 
contracts are the easiest type of derivative-based contracts to understand for beginners. They allow for direct price speculation of a given digital asset. Binary contracts accept two participants: the Maker and the Taker. The Maker is the entity creating the contract and the Taker is the entity that joins the contract against the Maker. The binary nature of this type of contracts implies that the contract may be won by either party in full, while the opposite party loses in full.

Both participants of a binary contract have the right to execute the contract before the expiration date specified at creation time. For the Maker, it only makes sense to execute if the specified condition has been met. Upon executing a binary contract, the contract checks whether the condition has been met, by comparing the current index price to strike price. If the condition has been met, the smart contract will withdraw the specified allowance from the Taker’s wallet and move it to the Maker’s wallet. The full premium will be made available for withdrawal by the Maker. 

If the Maker never successfully executes the binary contract prior to the expiration date, the Taker will be allowed to execute it post-expiration date. The outcome of this execution is always the same. The smart contract will use its allowance to withdraw the premium from the Maker’s wallet and make it available for withdrawal by the Taker.






that initial offering review that I can convey, hopefully, can be useful for those of you who want to split investment portfolio in the initial coin offering. for more info you can visit the following sites:

(bountyhive.io/r/ilhamjay)

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REVIEW INITIAL COIN OFFERING TAURUS0X
4/ 5
Oleh

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