TOR-X Network

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TOR-X Network (TOR-X) is complex solution that consists of a new blockchain that is made for decentralized exchange that reduces user`s risks and provides solution for cross-chain exchange, leveraging a high performance cross-chain matching engine to handle massive order volume and decentralized mechanism for cross-chain exchange supporting more complex trading APIs and smart contracts. Developers can create and deploy custom DApps for the TOR-X network utilizing advantages of new technological solutions.

TOR-X pretends to build ecosystem of web-based decentralized applications (dApps) running across public blockchains such as Bitcoin and Ethereum. These decentralized applications would be provided with tools to interact with, make and validate transactions and send data and funds across chains. To achieve this vision TOR-X is developing the first cross-chain engine and API that will be seamlessly integrateable with most of existing solutions such as wallets, browser extensions and payment gateways. Web applications can use this API to collect payments for goods in any digital currency, make trades and transactions across blockchains, and interact with smart contracts across blockchains. All of this cross-chain functionality is powered and made possible by the TOR-X cross-chain matching engine.

Features[edit]

  1. Decentralized exchange application has no access to users` private keys, funds and sensitive personal data. All operations with users` funds must be approved by themselves.
  2. Traders on TOR-X DEX can start trading immediately without needing to submit their name or any identifying documents of any kind. TOR-X DEX is not bound by intrusive, ineffective and pointless KYC/AML regulations that intrude on users` privacy and which put them at risk of identity theft by making the exchange a target for hackers.
  3. Crypto to fiat and fiat to crypto exchange supported by global network of TOR-X nodes and super nodes that stake TOR-X tokens as security deposit to cover default risks.
  4. Seamless cross-chain exchange via single entry point. All exchange operations are made via TOR-X token. TOR-X neural network will be used for matching of exchange orders.
  5. Any crypto-asset exchange process will be accessible with any device and any operating system.

See Also on BitcoinWiki[edit]