REVIEW DRAKEN.EXCHANGE

Hello friends! Today I present to you a trading platform that is growing strongly in the future it will develop more than Uniswap exchange.

Comparison between Uniswap and Draken Swap

The same point

Uniswap and Draken swap are both decentralized exchange protocols. To be more precise, it is an automated liquidity protocol.

Other Point

• With UniSwap: Users only can seamlessly swap between ERC-20 tokens
• WithDRK Swap = UniSwap + Cross-chain, providing liquidity for the whole Defi Ecosystem on DRK Chain, and between Defi Ecosystems on all blockchains — DRK Chain, Bitcoin blockchain, Ethereum blockchain, Tron blockchain, etc.

What is DRAKEN?

DRK Defi Chain is a decentralized leader in the existing financial sectors of the Draken Group digital banking. DRK’s goal is to collect all of the information was stored in a number of the highly concentrated, highly specialized probability payment process and financial revenge. Therefore, the payment will become sharper and more favorable, more convenient, and safer with more automation capabilities.

DRK focuses on cyberspace, fast transactions, efficiency, and new technologies. Most of the time in decentralized finance to create them all — in — one power ( all in one ) in the Draken Group and global finance industry.

DRK’s goal is to move towards decentralized financial products in the future. The solution is that a DRK Blockchain should keep and build the product's Defi product on DRK Chain itself. Create a complete Defi ecosystem, Loans, savings, payment solutions, dynamic accounting statistics.

Problems:
- Security: The security measures stop at data level as they don’t ensure user safety, making it impossible to recover lost or stolen coins and tokens even if they are located on the chain, or to block malicious accounts.
- Slow Speed: The processes related to smart contracts are complex and lead to slow execution.
- High implementation costs.
- Complex and lengthy programming/coding.
- Lack of arbitration and conflict resolution in case of dispute/problems.
- Human involvement as the code is written by people leading to mistakes like DAO developers’ mistakes in the code caused huge losses to the users and the company.

Solution

With Draken dex everything is settled:

• ANONYMOUS-ON-DEMAND: Enter and exit the DaRK mode whenever you feel like.
• SUSTAINABLE (Anti-spam, anti-slack): Miners have economic and reputation at stake to remain honest & preserve the longevity of the network.
• PROOF-OF-STAKE: Fast, cheap, scalable, energy-efficient, environmentally friendly, democratic.
• PORTABLE: Allow developers to port their smart contracts to other decentralized technologies.
• CHEAP: Cheaper than the current decentralized alternative with much less gas consumed. Smart contracts are optimized for gas usage, balanced between anti-spamming and economic feasibility.
• FAST: Can have a block time on the order of 5 seconds and handle up to thousands of transactions per second.
• FINALITY: Each block sealed is irreversible — no past deed can be undone.
• SCALABLE: Fast finality matches the throughput requirements of your growing user base.
• SECURE: Access control firewalls your applications against malicious modules.

Draken is cheaper than the current decentralized alternative with much less gas consumed. Smart contracts are optimized for gas usage, balanced between anti-spamming and economic feasibility. Anti-miner-spam: Miners have economic and reputation at stake to remain honest & preserve the longevity of the network. The less slacking nodes there are, the stronger and more sustainable the network becomes. Since reward (in the form of cashback) for miners is equally divided among all miners, each miner is not incentivized to spam. If a miner spends a fee to spam transactions, it cannot earn all reward from its spammed transactions because such reward would be shared with all other miners in the network.

MORE INFORMATION:

Website: https://draken.exchange/
Whitepaper: https://drive.google.com/file/d/1mHtV50CktdFCyD_NaH370sZ8sOBehgce/view
Facebook: https://www.facebook.com/DRKDEX
Twitter: https://twitter.com/DRKDeFi
Telegram: https://t.me/Drakentech
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Bitcointalk username: risk1988
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