The ETERBASE platform - significant architecture for exchange digital asset using blockchain technology

in #bitcoin6 years ago

The cryptocurrency is the important digital asset or virtual asset in the online digital ecosystem of the cryptocurrency industry. There are different kinds of cryptocurrencies such as Bitcoin, Ethereum, Litecoin, BCH etc. There are also lot of tokenize cryptocurrencies that need to exchange for different use purpose. As a result there has different exchange platform in the online digital ecosystem of the cryptocurrency industry. The ETERBASE is a exchange platform with advanced technology and expertise in the trading ecosystem for digital assets.

The ETERBASE is a blockchain technology based cryptocurrency exchange platform. This platform is providing all the advantages and opportunity in the trading platform which are unique and significant than the other exchanges. This platform was built in the aim to provide a multi-asset support as well as regulatory compliance service for the trading of cryptocurrency. We can know more about this platform form their whitepaper which is already released. The whitepaper link of this platform is https://www.eterbase.com/whitepaper. You also can visit ETERBASE website to their ongoing activities. The website link of this platform is https://www.eterbase.com/.

The technical architecture of ETERBASE platform:

This platform was built with the aim to facilitate a global low-latency trading experience. This platform is providing significant service for exchange trading platform using a redundant as well as horizontally scalable architecture for the account management system. The ETERBASE platform’s each trading pair is ensuring high order processing which deployed on a dedicated instance of an order matching engine and it is exceptionally low latency for all user. The architecture of this platform is explained below:

Modular architecture: The ETERBASE platform has several micro-services as the core system of this platform. This platform also has API types as well as modules that ensure operation of exchange and platform. This operation will do under extreme system loads as well as zero fault tolerance. This platform is giving micro service on exchange system by depending on advanced messaging methods as well as extremely low latency communication interfaces for individual modules which are ensuring high throughput as well as extremely low latency. The website link for this platform is https://www.eterbase.com/.

Matching engine: The ETERBASE platform is capable of processing up to five million orders per second by a novel order matching engine in the C programming language. This platform is estimating that the engine will be able to process in the range of tens of thousands of orders per second by regarding real market performance. This platform’s matching engine will comprise microservices in four building blocks such as

• Frontend Layer
• Backend Layer
• Trading engine
• Shared persistent storage for each trading pair

Data management: This platform has developed a node in the micro service framework. It will work in asynchronous as well as non-blocking modes to ensure high throughput. This platform is creating a highly available setup with one primary member, two secondary member and tow arbiters by the persistent data which will be stored in MongoDB databases. This setup of this platform is ensuring that there is no single point of failure. It is also enabling horizontal scaling of the infrastructure as needed. This system of this platform can be scaled easily by adding new servers with increasing traffic.

Infrastructure: This platform will place all servers carefully in selected three Tier data centers which are existing financial centers with emphasis on power as well as access to high-speed connectivity in the area. This platform is providing low access latency for external brokers as well as it is increasing the availability of the whole system.
Network: This platform is providing network stack which will utilize the latest hardware as well as optical networks to handle tens of gigabits per second of traffic without any delays. This platform is ensuring that the server infrastructure stack will deliver the lowest possible latencies as well as the highest possible availability where digital asset exchange will co-operate with hardware suppliers as well as vendors.

Account management & safety: The ETERBASE platform’s top priority is keeping their user’s funds secure. This platform will be implementing a decentralized method of storage based on Shamir’s secret sharing algorithm for all sensitive information. This platform is making an infrastructure where all information will remain secret. It is not possible to reconstruct the secret just form the one part. This platform will store all unused private keys in an offline cold-storage vault. They are utilizing an open as well as easily auditable hardware infrastructure for the security of the cold-storage. The website link for this platform is https://www.eterbase.com/.

The membership feature: The ETERBASE platform will provide a different feature for the membership of this platform. This platform will give extra opportunity and service to their membership user. This platform was built membership option to provide a tool to incentivize trading. This platform will be a tiered membership scheme based on the amount of XBASE tokens which is deposited on the ETERBASE platform. This platform is minimizing commissions and trading fees for the membership user of the platform. the membership of this platform will get incentive scheme as part of this platforms market maker. The feature of membership of this platform is given below:

Conclusion: At the conclusion of the above discussion, I can say that the ETERBASE is a unique exchange platform which is providing a significant architecture for the trading ecosystem. We should join this platform and become a beneficial investor in the platform. The businesses can list their token on this platform with an easy system.

We can know more detail about ETERBASE by visiting below links:

• Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=3664292.0
• Whitepaper Link: https://www.eterbase.com/whitepaper
• Telegram Group: https://t.me/eterbase
• Discord Profile Link: https://discord.gg/S62VK6p
• Company Website: https://www.eterbase.com/
• Twitter Pages: https://twitter.com/eterbase
• Facebook Page Link: https://www.facebook.com/eterbase/
• Youtube Channel Link: https://www.eterbase.com/youtube
• Linkedin Profile Link: https://www.linkedin.com/company/28589703/

• BitcoinTalk User Name: group.bdworkers
• BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1300411

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BCHBitcoin Cash547.281$4.21%4.77%
BTCBitcoin6664.302$3.56%3.46%
ETHEthereum284.838$2.74%-1.96%
LTCLitecoin57.609$4.36%1.74%