Anonymity – this word plunges many into fear. Fear of the unknown and fear of ever having to leave your comfort zone. However, some have overcome all this.
One international team of experienced risk managers, programmers and quants has decided to make a loud statement about their developments in automatic high-frequency trading algorithms (HFTA). The Mechanics of the Future team has created an anonymous Insider Protocol ecosystem built on an improved version of MimbleWimble technology.
What is an MW network?
MimbleWimble (MW) is a type of blockchain that uses a new way to store transactions. There are no reusable addresses on the MW blockchain. This means that transaction data is available exclusively to the transfer participants. Using this approach provides a very high level of privacy for each user.
The MW network has very promising capabilities and only two serious drawbacks so far: limited transaction throughput and lack of quantum stability. However, over several years, the Mechanics of the Future team solved the problem of the low speed of the MW network itself and a potential problem in the form of quantum stability. Quantum computers will soon be able to remove 97% of all coins from the cryptocurrency market. Developers, for some reason, do not think about protecting their projects.
During the most recent tests, the peak throughput of the Insider Protocol network using MimbleWimble technology (upcoming v 2.0) reached the speed of the Solana blockchain, while at the same time maintaining the anonymity of all transactions.
Also, even though quantum computers have not yet been created, the existing methods for modeling quantum stability at MIT (Massachusetts Institute of Technology) have shown that the MW network 2.0 will be resistant to all attempts of possible quantum hacking. And this will mean the complete safety of all financial resources in the Insider Protocol ecosystem.
How good is the anonymous ecosystem?
The Insider Protocol ecosystem is composed of the following parts: A High-Frequency Trading (HFT) algorithm for hedge funds, the Atlas DEX Swap and the Imperium Protocol (testnet).
In addition, the following are under development and testing:
- A web wallet.
- An NFT platform.
- Decentralized finance (DeFi).
- An application for smartphones.
- A fully-fledged decentralized cryptocurrency exchange.
- An escrow service that will become an alternative to LocalBitcoins and other peer-to-peer (P2P) exchanges.
- A proprietary VPN product with an essential security feature that allows users to use up to three intermediate servers for more secure and untraceable connections.
The Insider Protocol HFT bot uses the Layering technique. For the first time among many projects, we saw confirmed video evidence that automatic trading systems exist and work correctly. Yahoo's financial resource has reviewed the Layering trading technique in detail.
This development will save a lot of time, nerves and money for large investors who do not want to trade bitcoin 24/7 on their own. This trading bot may not be suitable for novice investors because Option X's product is designed for hedge funds and has a high entry threshold.
The Atlas DEX Swap is a decentralized cross-chain exchanger of cryptocurrencies. It allows you to quickly and, most importantly, safely, make an exchange, which is carried out directly in your wallet. No one except you has access to the funds during the exchange process.
Over 1,000 ERC-20 coins and tokens are currently supported. In the first iteration of the major update of Atlas DEX Swap, token swaps in Polygon, Gnosys, Telos, OKEx, BSC (BEP-20) and many other networks were added. In the second iteration update, Atlas DEX Swap will support Solana, Tron and Monero networks with the cross-chain feature. The main feature will be XMR (Monero) support through the cross-chain function for exchanging assets between different networks. It will be the first decentralized exchange with such cross-network support.
Although this is not the first exchange with such rich functionality, it’s worth considering that in the expected new version of Atlas DEX, it will also be possible to exchange any coins for a Monero (XMR) coin. This is not yet planned by any competitors due to the incredible complexity of implementation.
Imperium Protocol Blockchain is a full-fledged working blockchain with a working feature of entirely anonymous transactions. The developers have already opened free access to a functional test network, where everyone can personally make regular and completely anonymous transfers (at the user's choice). Developers are now scaling and deploying additional nodes with the involvement of large validators in the form of hedge funds.
The IMC coin (called ARC in the test network), which will be used in conjunction with the main ecosystem index (IPRO), can be quickly transferred to wallets without saving the history of the transaction itself. The test network has already shown its resilience and stability.
There is a blockchain browser with dual functionality. Only ordinary transfers can be seen in it, but if the user has chosen to conduct an anonymous transaction, it will be known only to them and not shown in the browser.
This anonymous blockchain has only two competitors. However, both of them lack such a comprehensive functionality for users, and there is no support from hedge funds, which is also very important.
DexChange is a decentralized cryptocurrency exchange. To date, more than $35 million has already been deposited for internal tests. At the start of the public beta test, additional funds will be allocated to support liquidity.
The exchange is decentralized and uses an on-chain system for the order book. With this approach, the price of an asset is set based on user orders to buy and sell that asset. Usually, an order book system is used on centralized exchanges, but this one runs entirely on the blockchain in the Insider Protocol ecosystem without using a central server. This unique approach makes the system safe and fair.
Farming, staking and an incubator of young projects are also planned as platform development modules, to which the exchange itself will allocate funding for development.
This on-chain order book system is exciting and complex in terms of implementation. However, such systems fundamentally distinguish truly decentralized exchanges from centralized ones, on which price manipulation is constantly taking place.
What's the verdict?
The global ecosystem of Insider Protocol promises to appeal to the entire community, which likes to keep their money in silence. The project's capabilities will also appeal to development teams who want to build their applications and projects on this high-speed Insider Protocol blockchain.
Solana's speed and Monero's anonymity will be highly sought after. And the launch of the mainnet and listing on top exchanges, including Binance, expected in the coming months, will only spur greater interest in the project.
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