INTRODUCTION
Due to the complexity of many distributed exchanges like, say Idex, many crypto users have found it hard to master the multitude of instructions which guides them to successfully trade the ERC-20 tokens exclusively. It also happens that, the ERC-20 tokens are commonly used and traded by majority of the crypto~users, so there has been a massive demand for an exchange that will handle the trading securely and perfectly without undergoing the stress associated with using the other decentralized exchanges. Ethershift has given a solution to this demand, hence, it represents an ERC-20 centered token exchange which is very simple and fast at the same time.
DESCRIPTION OF ETHERSHIFT
This is an ERC-20 centered trading platform that makes token trading effortlessly simple and straightforward in a way that is much more beneficial to clients. It plans to make trading possible while also putting security as the first priority. This platform eliminates all the dangers associated in trading tokens and cuts the information token as well as the yield to improve trading. The benefit it brings also get distributed to third party users as they also have their share of the average cut shared by Ethershift platform. More to these Ethershift benefits, we have a unique app designed using Hub-JS which can be operated on Amazon EC2.
However, keeping Ethereum system intact requires hub in its full strength as it keeps the well being of the platform.
THE PROBLEMS THAT HAVE RISEN AND HOW ETHERSHIFT HELPS TO COUNTER IT.
Usually, when a token's ICO is carried out, many financial specialists get to receive them and work on them before they are taken to exchanges to be listed for trading purposes. This too, requires quite a lot of money as exchanges demands huge sum of money to have it listed on their portals.
THE UNIQUENESS OF ETHERSHIFT
As Ethershift stands to make the trading of ERC~20 tokens possible on its system, it sets some credible and great features in its portal to achieve the aim.
*Firstly, Ethershift has proposed to make all manner of ERC~20 token listed and tradable together with the main Ethereum in its ecosystem.
*Secondly, Ethershift will be providing all its notable and respected clients with a standard wallet, where all their transaction gains and rewards will be forwarded to.
It will display the worth of each token with respect to the Ethereum for easy conversion and visibility to the clients during trading.
*Fourthly, it would specify the maximum and minimum possible amount of token that can be kept in the exchange wallet and also in the hot wallet.
*Lastly, Ethershift will indicate the profit margin for the ERC~20 tokens to assist its client in the trading process.
HOW ETHERSHIFT WORKS
In the Ethershift ecosystem, for users to open an account or even a private channel, whether AWS or a domain register, it requires the use of a computer with Linux program on it and afterwards, it generates a unique password for users almost instantly and make them able to secure it on the ecosystem to prevent third party access to the newly opened account. However, the machine used for this purpose doesn't support the conduction of other programs other than what it has been designed for on it. So this helps to reduce the chances of the attacks on the accounts and passwords of individuals on it.
Ethershift has ensured that its ecosystem is secured and free from risks that might be too much for it to bear. It does this by constantly undergoing an external security audit check to affirm its resistance to threats and attack. This in itself is a great move by Ethershift because it shows that it has its clients in mind as the system is being established and can't risk their resources in any way. It has greatly upgraded to put away bugs that are very dangerous to clients tokens hence, protecting the assets of its client and blocking every sort of loopholes and vents through which theft can be done.
ETHERSHIFT TOKEN DETAILS
The formulated token of this project is ETHERSHIFT and its function is to represent the gas fees of the transactions carried out in the ecosystem. It is also a model of the ERC~20 type that make up 50% of the fees charged by Ethershift so it is important for all clients and users to hold it. But interestingly, as the profits yielded from each transaction is gotten, this platform simply divides the dividends into two parts and forward each part to two different types of wallets that plays different role in the ecosystem. The result is that, users get to benefit even from the little gas fee they pay and this makes the platform so amazing.
PROJECT ROADMAP
CONCLUSION
This system simplifies ERC~20 token conversion to other standard tokens and thus saves stress in trading. My advice for the blockchain users is to utilize Ethershift for this unique trading purpose and avoid the ambiguity of the bigger ones.
To know more about the ETHERSHIFT platform, visit these links;
Website: https://ico.ethershift.co/
Whitepaper: https://ico.ethershift.co/wp-content/themes/ethershift-ico/downloads/ethershift_whitepaper.pdf
Telegram: https://t.me/ethershiftco
AUTHOR'S DETAILS
Bitcointalk Username: Asarab
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2320820
Eth Address: 0x154089cb313479C0d698Fad2D29eFb9a71d67bo6
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