Introduction
Cryptocurrency was originally known as a payment system that allows people to be able to make transactions quickly, without third parties, in a transparent, secure and anonymous manner. Satoshi, who was the creator of Bitcoin, the first popular cryptocurrency, made Bitcoin beat a centralized financial system that was prone to manipulation and was controlled by one party. With the growth and development of the Crypto / blockchain ecosystem, a number of alternative investment options have emerged, and have proven to be more efficient and profitable investment tools than traditional financial returns. Innovative projects consistently emerge in the crypto industry with high returns and sustainable trends, such as the DEFI Program. currently there is a new investment trend besides ICO, IEO, ITO etc. if you don't know what is Defi ?? DeFi is an innovation that was born to ensure that all financial services can be realized on the blockchain network in a decentralized, transparent and reliable way, without intermediaries such as decentralized financial banks, payment service providers, or no third parties. and this time I want to tell you about the Defi project, such as the ADONX EXCHANGE Project and the ADONX EXCHANGE Project which will attract a large market investment.
What is Adonx.One?
Adonx. One of the Payment Systems for the new digital economy.
To provide a simple, fast, innovative, sophisticated, secure yet powerful crypto exchange, escrow & payment platform.
Most crypto startups and small traders suffer from high registration fees and trading fees. The Adonx platform aims to list all eligible projects at very low listing fees and provide traders with a near zero cost frading experience.
Adonx. One Privilege
Making crypto trading and trading unconditional and better for everyone by providing an outstanding platform for consumers and businesses, Making it universal, easy, accessible and useful.
1. Multi-Layered Security
The Adonx backend is built on top of a multi-tier application architecture, and all requests will always flow through multiple secure layers to meet those requests. The Adonx platform has been carefully designed to mitigate / minimize security issues and vulnerabilities at various stages, some of which are but not limited to transport level, application level and storage level issues.
“Secure Sockets Layer is always implemented whenever and wherever it can be applied at the transport layer. Data encryption / decryption is always applied at multiple layers wherever applicable. The Adonx platform supports the following user-level security by default:
Most endpoints are protected by second-level authorizations. Configuration options are available per feature on their account settings page. All layers of security will be monitored, analyzed and audited regularly, patches and updates will be updated whenever needed.
2. Multi Crypto Wallet
Different blockchains have different wallets, each user will be facilitated with a unique wallet address per blockchain, some of which are rotatable (i.e., the user will get a new address every time they receive a deposit, this option may or may not be available depending on other features. user activate or blockchain type) option available on their settings page.
Crypto Wallet Address
A crypto wallet address consisting of a series of alphanumeric characters, these addresses are generated on the blockchain using a set of private and public cryptographic keys. Address lengths can vary based on the underlying blockchain technology and are difficult to remember because of their randomness and length. An example of a bitcoin address as illustrated below.
19WLgARaJpbzceJptrDQTfYSS6uQSKRxcs
Pretty address
A vanity address is a personalized crypto wallet address on the blockchain, this type of address may be useful for business users in B2B, B2C business types, an example of a vanity bitcoin address as illustrated below
19EmmaCoffeepbzceJptrDQTuQSKRxcs
The complexity of generating vanity addresses depends on certain patterns and criteria and sometimes it can take a lot of time to generate those addresses depending on the complexity. Adonx plans to support such vanity addresses on supported blockchains. Applicable fees will be charged depending on the complexity and time of manufacture.
“Caution: A beauty address can allow anyone to create an address that resembles another pretty address. They are nothing special or provide any kind of additional security or any feature, they are just like any other address on the blockchain except they are personalized ”.
3. Account Alias
The Adonx platform provides a unique aliasing system to make it easier for users to deposit from anywhere at any time without logging into the real user account. Users will have the option to set an alias for their account, this alias will provide access to their deposit addresses for different wallets. The usual account alias will look like below
https://adonx.one/#/john@btc
Anyone can see the wallet address if they know the user's alias on the Adonx platform. To secure this behavior, a security layer is added with OTP / 2FA, so the user needs to provide the expected OTP / 2FA code to the third party along with an alias to see the wallet address. Alias security is configurable, you can make it private with OTP / 2FA / PIN security or all of them can make it public. It's up to the user's decision. This feature will allow users to make quick deposits to their wallet from anywhere at any time without logging into their account.
4. Swap Atom
Atomic exchange is the process of exchanging one cryptocurrency for another without much work involved. Usually, coin / token owners perform this task when the existing blockchain / code / protocol is deprecated, and they want to introduce a new blockchain or a new protocol. It will be a big job for them to collect all the unused coins / tokens from their users and send new coins / tokens in return. Adonx accomplishes this with the atomic swap feature, the coin / token owner initiates the exchange of all old wallets for old coins for new wallets for new coins without any additional hassle or calculations.
5. Airdrops
Airdrop is the distribution of crypto coins / tokens to large wallet addresses, usually free. Airdrops are used to get new attention and followers to increase the user base. The Adonx platform supports the airdrop feature. Coin / token owners, fans and promoters can do this kind of complex airdrop without any additional hassle.
6. Exchange Services
With its highly scalable matching engine, it can withstand high loads and can process millions of orders per minute.
Market Order vs Boundary Order
To better satisfy your needs, you can use market orders to buy or sell coins / tokens at available prices to ensure they are executed immediately. Or you can use a limit order which allows you to set the price at which you want to buy or sell the coin / token you want so that it will only be filled when the price exceeds the specified price value.
1. Escrow Service
Escrow is an agreement in which a third party controls the payment between two transacting parties and only releases the funds involved when all the terms of the contract are fulfilled. The Adonx platform provides smart contracts to perform this escrow operation without involving a third party. Being decentralized and operated on the blockchain, it will protect the assets of buyers and sellers until both parties fulfill the terms of their agreement.
2. Multilingual Support
The platform & all its clients will be available in multiple languages; The initial release will only be available in English. Support for Russian, Spanish, Portuguese, Chinese and other languages will be provided during the release of future software updates, depending on the features scheduled and priorities.
3. Swap partners
Adonx will initially support the following trading pairs, which include but are not limited to
BTC
LTC
DOGE
ETH
ADONX (Adonx Token)
USDT
New pairs will be added whenever possible depending on eligibility.
4. Registering Coins / Tokens & Fees
There are 3 types of lists available. All list types provide at least 3 trading pairs by default. All projects that will be registered on the Adonx platform must meet certain minimum requirements criteria, which will be updated in the Terms of service and the criteria section of the registration form.
REGISTER FOR FREE
A project with an innovative idea and a viable community will be listed for free.
PAID REGISTER
Coin / Token owners need to pay a fee to register them on the Adonx platform. Coin / Token owners will contact Adonx via the sign up form on adonx.one where they will need to fill in various details about their project.
LISTEN THROUGH VOTING
A project with a good idea & a decent number of community members can request their project to be listed by voting. Project community members will select a list of projects. Several coins / tokens can be available in the contest and the project with the most votes will be listed.
The structure and fee sharing will be available once the platform is online. Most of the fees will always be charged in the form of ADONX tokens.
5. Software & Scope
The Adonx client software will be cross-platform compatible and will be available for the following devices / platforms.
Web based client for browser (mobile friendly)
Desktop clients for Windows, Linux and MacOS
Android mobile device as a native application
iOS mobile devices as native applications
Consumable Rest API for developers & partners
6. Developer API
Once the Adonx platform is stable, the consumable REST API will be available for developers and partners to extend, deploying their own functionality, features and applications based on the Adonx platform. A well-documented and formatted guide will be available on using this API. The Developer API is protected by an API Key, developers & partners are required to create it before using this endpoint. This will virtually make available unlimited options for customizing and implementing their own applications and use cases.
Adonx. One of the Payment Systems for the new digital economy.
To provide a simple, fast, innovative, sophisticated, secure yet powerful crypto exchange, escrow & payment platform.
Most crypto startups and small traders suffer from high registration fees and trading fees. The Adonx platform aims to list all eligible projects at very low listing fees and provide traders with a near zero cost frading experience.
Adonx. One Privilege
Making crypto trading and trading unconditional and better for everyone by providing an outstanding platform for consumers and businesses, Making it universal, easy, accessible and useful.
1. Multi-Layered Security
The Adonx backend is built on top of a multi-tier application architecture, and all requests will always flow through multiple secure layers to meet those requests. The Adonx platform has been carefully designed to mitigate / minimize security issues and vulnerabilities at various stages, some of which are but not limited to transport level, application level and storage level issues.
“Secure Sockets Layer is always implemented whenever and wherever it can be applied at the transport layer. Data encryption / decryption is always applied at multiple layers wherever applicable. The Adonx platform supports the following user-level security by default:
Most endpoints are protected by second-level authorizations. Configuration options are available per feature on their account settings page. All layers of security will be monitored, analyzed and audited regularly, patches and updates will be updated whenever needed.
2. Multi Crypto Wallet
Different blockchains have different wallets, each user will be facilitated with a unique wallet address per blockchain, some of which are rotatable (i.e., the user will get a new address every time they receive a deposit, this option may or may not be available depending on other features. user activate or blockchain type) option available on their settings page.
Crypto Wallet Address
A crypto wallet address consisting of a series of alphanumeric characters, these addresses are generated on the blockchain using a set of private and public cryptographic keys. Address lengths can vary based on the underlying blockchain technology and are difficult to remember because of their randomness and length. An example of a bitcoin address as illustrated below.
19WLgARaJpbzceJptrDQTfYSS6uQSKRxcs
Pretty address
A vanity address is a personalized crypto wallet address on the blockchain, this type of address may be useful for business users in B2B, B2C business types, an example of a vanity bitcoin address as illustrated below
19EmmaCoffeepbzceJptrDQTuQSKRxcs
The complexity of generating vanity addresses depends on certain patterns and criteria and sometimes it can take a lot of time to generate those addresses depending on the complexity. Adonx plans to support such vanity addresses on supported blockchains. Applicable fees will be charged depending on the complexity and time of manufacture.
“Caution: A beauty address can allow anyone to create an address that resembles another pretty address. They are nothing special or provide any kind of additional security or any feature, they are just like any other address on the blockchain except they are personalized ”.
3. Account Alias
The Adonx platform provides a unique aliasing system to make it easier for users to deposit from anywhere at any time without logging into the real user account. Users will have the option to set an alias for their account, this alias will provide access to their deposit addresses for different wallets. The usual account alias will look like below
https://adonx.one/#/john@btc
Anyone can see the wallet address if they know the user's alias on the Adonx platform. To secure this behavior, a security layer is added with OTP / 2FA, so the user needs to provide the expected OTP / 2FA code to the third party along with an alias to see the wallet address. Alias security is configurable, you can make it private with OTP / 2FA / PIN security or all of them can make it public. It's up to the user's decision. This feature will allow users to make quick deposits to their wallet from anywhere at any time without logging into their account.
4. Swap Atom
Atomic exchange is the process of exchanging one cryptocurrency for another without much work involved. Usually, coin / token owners perform this task when the existing blockchain / code / protocol is deprecated, and they want to introduce a new blockchain or a new protocol. It will be a big job for them to collect all the unused coins / tokens from their users and send new coins / tokens in return. Adonx accomplishes this with the atomic swap feature, the coin / token owner initiates the exchange of all old wallets for old coins for new wallets for new coins without any additional hassle or calculations.
5. Airdrops
Airdrop is the distribution of crypto coins / tokens to large wallet addresses, usually free. Airdrops are used to get new attention and followers to increase the user base. The Adonx platform supports the airdrop feature. Coin / token owners, fans and promoters can do this kind of complex airdrop without any additional hassle.
6. Exchange Services
With its highly scalable matching engine, it can withstand high loads and can process millions of orders per minute.
Market Order vs Boundary Order
To better satisfy your needs, you can use market orders to buy or sell coins / tokens at available prices to ensure they are executed immediately. Or you can use a limit order which allows you to set the price at which you want to buy or sell the coin / token you want so that it will only be filled when the price exceeds the specified price value.
1. Escrow Service
Escrow is an agreement in which a third party controls the payment between two transacting parties and only releases the funds involved when all the terms of the contract are fulfilled. The Adonx platform provides smart contracts to perform this escrow operation without involving a third party. Being decentralized and operated on the blockchain, it will protect the assets of buyers and sellers until both parties fulfill the terms of their agreement.
2. Multilingual Support
The platform & all its clients will be available in multiple languages; The initial release will only be available in English. Support for Russian, Spanish, Portuguese, Chinese and other languages will be provided during the release of future software updates, depending on the features scheduled and priorities.
3. Swap partners
Adonx will initially support the following trading pairs, which include but are not limited to
BTC
LTC
DOGE
ETH
ADONX (Adonx Token)
USDT
New pairs will be added whenever possible depending on eligibility.
4. Registering Coins / Tokens & Fees
There are 3 types of lists available. All list types provide at least 3 trading pairs by default. All projects that will be registered on the Adonx platform must meet certain minimum requirements criteria, which will be updated in the Terms of service and the criteria section of the registration form.
REGISTER FOR FREE
A project with an innovative idea and a viable community will be listed for free.
PAID REGISTER
Coin / Token owners need to pay a fee to register them on the Adonx platform. Coin / Token owners will contact Adonx via the sign up form on adonx.one where they will need to fill in various details about their project.
LISTEN THROUGH VOTING
A project with a good idea & a decent number of community members can request their project to be listed by voting. Project community members will select a list of projects. Several coins / tokens can be available in the contest and the project with the most votes will be listed.
The structure and fee sharing will be available once the platform is online. Most of the fees will always be charged in the form of ADONX tokens.
5. Software & Scope
The Adonx client software will be cross-platform compatible and will be available for the following devices / platforms.
Web based client for browser (mobile friendly)
Desktop clients for Windows, Linux and MacOS
Android mobile device as a native application
iOS mobile devices as native applications
Consumable Rest API for developers & partners
6. Developer API
Once the Adonx platform is stable, the consumable REST API will be available for developers and partners to extend, deploying their own functionality, features and applications based on the Adonx platform. A well-documented and formatted guide will be available on using this API. The Developer API is protected by an API Key, developers & partners are required to create it before using this endpoint. This will virtually make available unlimited options for customizing and implementing their own applications and use cases.
Token Information
The ADONX token will be used as a payment method for various services available on the Adonx eco system, or wherever applicable.
DETAIL TOKEN
Name: ADON
Ticker: Adon
CONSENSUS: POW + Hybrid POS
ALGORITHM: CryptoNight Lite V1
Difficulty: Adjustment Algo LWMA 3
ASIC RESISTANT: YES
Decimals: 8
Total Supply: 184467440.00000000
Premine: ~64563604.00000000
TOKEN ALLOCATION
Token Sale: 55.00%
DEX Liquidity: 10.00%
Operations & Team: 20.00%
Airdrops & Bounties: 05.00%
Reserve Fund: 10.00%
FUNDS USAGE
DEX Liquidity: 20.00%
R&D: 47.50%
Marketing & Branding: 20.00%
Reserve: 12.50%
For more information on this project you can view it below:
WEBSITE: https://adon.network/
Website: https://adonx.one
Whitepaper: https://adonx.one/assets/docs/whitepaper.pdf
EXPLORER’S BLOCK: https://blocks.adon.network/
POOL: https://pool.adon.network/
WEB-WALLET: https://pay.adon.network/
ANDROID WALLET: COMING SOON
IOS WALLET: COMING SOON
GITHUB: https://github.com/adon-net/
DISCORD: https://discord.gg/UrTctGD
TELEGRAM: https://t.me/adon_coin
TWITTER: https://twitter.com/network_adon
REDDIT: https://www.reddit.com/u/adon-net
FACEBOOK: https: //www.facebook.com/adon.network/
MEDIUM: https://link.medium.com/vZjUjCa15db
BITCOIN-TALK: https://bitcointalk.org/index.php?topic=5320459.0
BITCOIN-TALK ANN: https://bitcointalk.org/index.php?topic=5320460.msg56449532#msg56449532
BITCOIN-TALK [EN]: https://bitcointalk.org/index.php?topic=5145239.new#new
BITCOIN-TALK [ES]: https://bitcointalk.org/index.php?topic=5148703.msg51269471#msg51269471
BITCOIN-TALK [PS]: https://bitcointalk.org/index.php?topic=5146389.new#new
BITCOIN-TALK [ID]: https://bitcointalk.org/index.php?topic=5146266
#adonpay #payment #bitcoin #ethereum #ltc #xmr #privacy #altcoin
Author
Username Bitcointalk: Poksan
Profile link Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2169419
Eth wallet: 0xe53eCB09643C317574E9FEE8474Aa3F3b070B9f3
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