Since Satoshi Nakamoto invented Bitcoin, this decentralized virtual currency has quickly become popular around the world. What problem did it solve? It does not require any middleman guarantee (such as Alipay, banks, etc.), and allows peer-to-peer transactions. Transactions are on the chain, which is provable, viewable, and clear at a glance, and always there.
But in the blink of an eye, more than a decade has passed, and the cryptocurrency world has undergone tremendous changes. However, I feel that it is far from being complete.
From the collapse of Luna to the fall of FTX, we seem to have realized a problem, that is, it seems that there are still some problems that have not been solved, and the exchange seems to still guarantee the traditional type. Then you will definitely say, there is DEX, which is a decentralized exchange. Yes, the invention of DEX is indeed the Genesis, but in the past few years, has there been any substantial change? It is still just a place to exchange coins, and everyone still comes to the centralized exchange to operate everything. To put it bluntly, the first is that the technology is immature, no suitable innovation has been found, and the functions are still limited to the old DeFi, which is far from being as easy to use as CEX. And there are clips and various problems. When you exchange coins, you see that 1U can be exchanged for 10 coins. After the exchange, you see that 9.5 coins are still without clips. With clips, you may not even get 5 coins. So most people would rather come to CEX than DEX. Why? It feels like there is a black box, which is somewhat random, too uncertain, and is also clipped. Not to mention going to DEX to play contracts, issue coins, manage finances and large transactions. I dare not, once you interact with smart contracts, your coins may be gone. Therefore, traditional dex still has many shortcomings.
Since the DeFi innovation during the big bull market in 2017, it seems that Dex has been living off its old glory and has not made any major innovations.
HFT was born at this time, their wish:
What you see is what you get.
What you get is what you own.
All is belonging,
Belonging can be proved.
What does it mean?
Whatever number you see is the number you get. No matter how many coins you exchange, the number shown on the chart is exactly the same. And whatever you get in return is yours. You don’t have to guarantee anything to others. What’s yours is yours.
HFT first released the innovative DEX, which eliminated almost all the drawbacks of traditional DEX. It can achieve no clips, almost no gas, and the amount that can be exchanged is displayed as the amount that can be exchanged, so there is no need to worry about this problem. Moreover, they all cooperate with professional market makers, which can be considered as Alibaba, directly connecting with manufacturers, and the prices are low and transparent. So sometimes when comparing prices, DEX, CEX, HFT, for the same thing, HFT may be the most cost-effective, and it is not afraid of large amounts. They all started to write innovative underlying codes. This system API can also be opened on traditional DEX and CEX, so you may see that his website may not have much traffic and seems inconspicuous, but other places are actually calling it at a low level, so his traffic transactions can reach tens of billions of US dollars. If you use it personally, you will know that exchanging coins in it is indeed the most cost-effective, fastest, and safest, and you don’t have to worry about clips.
It is precisely because of his strong team background that he has raised funds three times, with the first round of financing at the tens of millions level, and directly listed on all top exchanges, Coinbase, and Binance. And their innovative gamefi, Hasiyuan Universe, combined with Dao's innovative gameplay, attracted countless investors in the first phase.
It is such a strong team that released a blockbuster product this month: the provable exchange xos system.
I think if there is a new DeFi narrative that can trigger this bull market, it must be this thing.
The provable exchange will make it impossible for incidents like luna and ftx to happen again.
Yes, it is so epoch-making that it will never be possible again.
If we cooperate with g again in the future, g will be the pass key, so cex will really not be needed in the future, and all functions can be achieved by dex.
Provable coin BTC, provable exchange HFT, identity pass key G
Everything is perfectly closed.
This may be the final perfect form of the cryptocurrency world.
Such a great invention is no less sensational than Satoshi Nakamoto's invention of Bitcoin.
However, the market is always slow to react. Perhaps five or ten years later, everyone will realize what a groundbreaking and heaven-defying invention this is.
The final form of the future of provable exchanges… we’ll have to wait and see.
As more and more blockchain companies and exchanges connect to this system, the ecosystem may eventually become extremely large, and the future imagination is infinite. . . . .
The future of trading is provable
The future of blockchain is provable
The future of HFT is full of possibilities
