DGE which is a Blockchain Developer has lately proclaimed they have started two cryptocurrency exchanges in beta, called as cryptocurrency exchange COINZEUS as well as Digital Gold Exchange (DGEx). DGEx is preordained to be interchange wholly in gold though COINZEUS is a more conservative exchange. This new event place at December 2018, allowing customers to look around with the trade boundary of both exchanges and also examine its other structures. Talking in new aspect about this the CPO of the corporation, JA.E noted:
“The open beta test service of DGEx and COINZEUS will focus on the stability of the two platforms. Gold exchange will be authorized to users who have completed KYC and AML procedures. We will also limit the daily maximum gold supply.”
DGEx is that the new mercantilism platform that lets users get and sell gold and MDG. MDG is that the digital gold that interacts with the native currency of the scheme, The Midas touch Gold[TMTG]. Using TMTG, the exchange lets folks convert gold to MDG and the other way around.
This comes once the blockchain firm secured a provide agreement with Choson Gold Exchange 3M. The value of MDG is backed by actual value in gold. And if all goes well, the introduction of different rare metals and gems is incredibly a lot of on the cards. As mentioned, DGE has conjointly launched its own cryptocurrency exchange, COINZEUS. Whereas not as exciting because the different providing, DGE organization is excited regarding this one likewise. With a number of the highest brains within the business at work, the corporate hopes the specialists in exchange development are able to take into account practicableness, governance, and expandability to administer this providing a singular bit. Blockchain’s issue regarding decentralization has been a difficulty for a short time currently.
With all its claims to decentralization, it seems that blockchain and cryptocurrencies are literally additional central than most designers might care to confess.
However, as we start to collect 2018 and move in 2019, there’s the question regarding survivability and stability of blockchain and cryptocurrency.
An additional stable cryptocurrency market would be the primary step towards achieving mass adoption –a major goal for several cryptocurrencies and blockchain comes in 2019.
This is not shocking seeing as 2018 was a terrible year for cryptos, with fashionable tokens like bitcoin hit AN all-new worth bottom –essentially rock bottom it’s been in eighteen months.
Blockchain’s complete and unyielding decentralization might play a vital role in mass adoption within the coming back years. Blockchain and crypto straight away square measure quite versatile in follow, ne’er mind what’s aforesaid or written regarding its decentralization. There square measure only a few comes that square measure actually redistributed.