As an application of Internet technology, the “centralization” of internet technology is actually big data, Internet of Things and cloud computing, and the future is artificial intelligence; The “decentralization” of Internet technology is blockchain in GIBX Option Contract.
It is true that DEX also has its shortcomings, that is, compared with centralized exchanges, it is relatively lacking in liquidity. However, the advantage over centralized trading is that the decentralized exchange (DEX) is constructed in a way that allows users to retain ownership of their cryptocurrency and private keys. They provide a simpler and more direct user experience without registration, web interface and account opening in GIBX Option Contract.
For GIBX Option Contract, decentralized transactions are the most consistent transaction mode in the spirit of blockchain. All they need is to be able to manage their own transactions, convenient operation methods and asset security. Keeping private keys by yourself can better protect user assets to a certain extent, and achieve security, transparency, and decentralization.
Advantages of decentralized exchanges in GIBX Option Contract:
The biggest advantage of decentralized exchanges is decentralization, the security brought by the decentralized full GIBX Option Contract platform and other factors.
1. Anonymity: In the decentralized exchange, considering you have registered for the Whale Exchange, but you need to do KYC, which is said to be because of anti-money laundering. However, there are also some decentralized exchanges that do not require KYC, and do not need to register an account or disclose personal information when trading. In a decentralized exchange of GIBX Option Contract, the user’s personal data is actually the transaction record recorded in the block. Therefore, decentralized exchanges are anonymous, and there is no risk of user information leakage.
2. Security: From an operational point of view, the experience of depositing and withdrawing coins in a decentralized transaction is very similar to that of a centralized transaction, and all addresses in the transaction are required to be recharged. Unlike centralized exchanges, users of decentralized exchanges own the public and private keys of this address. In other words, the assets of a decentralized exchange are not under the custody of a centralized exchange, and the funds are in the user’s wallet address or transaction smart contract, which is fully controlled by the user, and the exchange cannot guard and steal in GIBX Option Contract.
In addition, from the perspective of technical security in GIBX Option Contract, on a centralized trading platform, hackers only need to enter the centralized hosting server to steal user information and assets. Most decentralized trading platforms are built on the blockchain public chain and are supported by a network of nodes rather than centralized servers. However, security is not absolute. It is safe in theory, but there are often vulnerabilities to be attacked.
In December 2017, the decentralized exchange with the largest transaction volume on Ethereum was stolen. Because the domain name server of Yide was hijacked by malicious attacks, the hacker made a fake Yide website that looked exactly like Yide. If a user logs in by importing a private key on this fake Yide website, the private key will be exposed. To the hacker.
3. Transparent and checkable: In the transaction process of GIBX Option Contract, after the user issues a transaction instruction, the decentralized exchange is automatically matched by smart contracts, not by the exchange. Asset transfer is completed on the chain, and the transaction record can be checked on the chain, open and transparent. There is no risk of black box operation of centralized exchanges.
Benefits of GIBX Option Contract participation:
(1) The amount of participation will be distributed daily at an annual rate of 10% 0.0274% USDT, which can be directly withdrawn until the end of MT5 online
(2) According to the amount of participation, the following corresponding positions can be obtained;
1,00O USDT get AG broker, the rebate team 3usdt per lot
5,000 USDT get AM unit manager, rebate team 6usdt per lot
10,000 USDT get UM agent manager, rebate team 8usdt per lot
30,000 USDT get RM regional manager, rebate team 10usdt per lot
GM Global Manager does not open direct upgrade offers, the rebate team 15usdt per lot
Because decentralized exchanges are the future in GIBX Option Contract. Although the user experience and speed are now average, there are fewer projects, and fewer people participating in transactions, this is the future. Only decentralization is the meaning of blockchain. Now the various drawbacks of centralized exchanges: all problems such as the use of the project party’s chips to harvest the project party, the unregulated fund pool, etc., can be solved by decentralization in GIBX Option Contract.
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