DARB Finance: The Future of Blockchain Asset Trading with Proof of Trade

Guest Author | January 4, 2019 | 1:19 pm
Darb Finance
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DARB Finance: The Future of Blockchain Asset Trading with Proof of Trade

Guest Author | January 4, 2019 | 1:19 pm

The cryptocurrency industry has come a long way over the past decade, following the inception of Bitcoin. From being a simple, decentralized digital currency for peer-to-peer transactions, the cryptocurrencies and their underlying blockchain technology have given rise to a range of assets and applications to solve the outstanding problems of virtually every industry segment out there.

While the development and adoption continue, there is a lot to be wished for when it comes to flexibility and usability of the existing solutions. Creating, trading and managing multiple blockchain assets and cryptocurrencies tops the list of challenges faced by the industry. In order to tap into the true potential of the technology, DARB Finance is out with a solution that is going to create a new baseline for the standards of blockchain services that can be used by not just crypto experts but everyone, irrespective of whether they have ever handled cryptocurrencies before or not.

DARB Finance is a global, multilingual platform that combines the goodness of blockchain technology while retaining the simplicity of conventional trading and financial platforms. Acting as a bridge between technologies of two different eras, the platform is designed for speed, security, and scalability, capable of handling millions of transactions per second. Built on multi-cluster system architecture, DARB Finance sports a state-of-the-art matching engine that can handle as many as 3.7 million orders per second. It can handle a range of cryptocurrencies, handle fiat payment systems and also host ICOs for innovative, upcoming blockchain projects.

Users on DARB Finance can execute Fiat-Crypto, Spot and Margin Trades over an intuitive interface that can be customized to suit the users’ needs. DARB Finance is further supported by its entire ecosystem including wallets, educational and training material, market information, technical analysis tools and more.

DARB Finance and Proof of Trade

The implementation of Proof of Trade allows DARB Finance to incentivize its users. Becoming part of the platform won’t take more than 30 seconds, all the users have to do is sign up using their social account (Facebook or Google). Once set up, they can start trading. Each trade executed on the platform will generate DARB tokens which will be distributed between the parties involved in the trade, with a ratio of 65% towards MAKERs and 35% for TAKERs.

The platform calculates the revenue share by the end of each day’s trading based on daily exchange volume, to be distributed in the form of freshly mined DARB coins on the next day. It shares anywhere between 35% to 50% revenue to DARB holders, in ETH. In the coming days, the company will be introducing DARB-ETH trading pairs along with additional features to make the whole Proof of Trading system much better and sustainable for the entire community.

The Token

The DARB ecosystem has a limited supply of 200,000,000 DARB ERC233 tokens, which are much more advanced and secure than the standard ERC20 tokens used by many other blockchain platforms. DARBs are utility tokens that offer traders an incentive through revenue sharing. The tokens will also act as a multiplier of vote strength during community polls.

DARB token holders play an important part in the entire ecosystem. The top 50 users with the highest amount of DARB tokens will play a role in the platform’s advisory board so that they can evaluate and test new ideas, features etc. before they are offered to a wider user base. Also, the DARB token holders will become eligible to receive dedicated support from the platform.

The platform’s development process is divided into seven milestones, with each milestone enabling additional functionalities as well as increased mining difficulty which increases the token’s value. Even the revenue share will progressively increase from 35% to a maximum of 50% as DARB Finance approaches Milestone 7.

As DARB Finance is on a growth path, the platform offers a unique opportunity for early birds to join sooner and get the best value as adoption increases.

Learn more about DARB Finance at – https://darbfinance.com/

   

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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