ICO Review : DINNGO
The
cryptocurrency market and so the blockchain business has full-grown multiple
folds inside the past five years. From being the loser of the money business,
it's bit by bit created its technique right to the centre of it and become a
extremely necessary purpose. The adoption of the technology and so the coins as
a mode of dealing is on Associate in Nursing all time high owing to that almost
all exchanges area unit reaching their peaks.The exchanges that presently exist
area unit reaching their peaks with the increasing volume of people on the
network and area unit unable to match up to the demand. owing to that, the
managements of these exchanges and so the varsity teams area unit beneath
tremendous amount of pressure, that in turn finishes up in corners being cut.
one all told the foremost common trade offs inside the exchange system is that
the one between security and user experience; every of that area unit
imperative.Working on and corrective the strain points of the presently
functioning exchanges, a team of intimate professionals from Taiwan have created
Associate in Nursing exchange called DINNGO. The exchange boasts of getting the
flexibility to do to to higher what has been wrapped till presently.
Dinngo- the mobile digital currency
exchange
DINNGO is also a blockchain business startup
based out of Taiwan and Singapore. the company is presently in its pre-sale
section and is mechanical device up for its initial ICO spherical regular to
happen shortly. the company includes of people World Health Organization have
immense experience at intervals the money sector, blockchain sector and
cryptography severally. The founder and jointly this corporate executive of the
company is Hsuan-Ting Chu.DINNGO is really a mobile digital currency exchange
that works on ameliorative the strain points that area unit featured by the
standard shopper at intervals the business. it is the primary mobile exchange
that has successfully established a ballroom dancing verification system
between cold wallets and their individual mobile devices.To understand what
DINNGO is making an attempt to comprehend, it's a necessity to know the strain
points the company is grappling through their exchange. other than the plain
problems caused by the dearth there of measurability of blockchains, exchanges
at intervals the market presently face three main problems;
SafetyTransaction TimesUser Experience and
Wallet Interface
These three area unit the produce and break of
any exchange and area unit areas that every one exchanges inside the market
should be compelled to figure on. DINNGO has come up with innovative
work-arounds in their exchange’s model, that leverage these shortcomings and
makes them their exchange’s USP.
Features of the dinngo exchange
SafetyThe Problem
The biggest
stress points of the trade and market as a full is that the lack of safety.
Hacks and platform breaches are getting additional prevailing and cause a loss
of plenty of individual assets and funds. Most exchanges within the market
provide pocketbook services together with their platforms, that are heavily
availed by users. They kind protea like opportunities that are terribly
engaging for hackers.The reason exchanges are targeted repeatedly is as a
result of tho' they're a part of a ‘decentralised’ system, they inevitably
become a ‘centralised’ purpose of access. And one breach will mean a heist to
the tune of millions.A very subscribed-to work around to the potential threat
of hacking are cold storage techniques. the utilization of cold storage/wallets
bring the chance of vulnerability down drastically. however the trade off the
buyer should be okay with is that the lack of integration between exchanges and
cold storage hardware.Another major downside the market is fighting with is
centralisation. the explanation the cryptocurrency market took-off is thanks to
the shortage of trust in banks and established money establishments. And
exchanges, additional or less, are centralised bank-like environments, that
primarily management the storage of a user’s digital assets.
The Solution
User experience
The Problem
The most
common flaw of all exchanges is that the user experience is compromised on
therefore on kind positive that the alternative areas aren’t. the foremost
common trade off created among the exchange systems is that of the user
experience vs safety. an excellent deal of well designed exchanges have low
usability as a results of not enough attention was paid to the program and
overall experience. Exchanges area unit either too tough to use or too basic.
Too buggy or too serious.
The Solution
The Problem
Transaction
speeds is also a sector that every one blockchains and cryptocurrencies have to
be compelled to desperately work on. If the blockchain is to be the long run of
the financial business, it's obscurity near able to wrestle the volumes that
it's to. to begin with, dealing speeds unit of measurement very slow on most
networks and at zero.5 its expected capacities, blockchains unit of measurement
sheering below their current trade volumes.
The Solution
To tackle
this notably pressing downside, the DINNGO exchange has developed a wise
dealings matching engine. That has, on initial tests, brought down the time it
takes for a dealings to be processed and completed. The engine matches the
dealings almost-instantaneously. the important TPS rate of the network,
however, can solely become obvious when the launch of the exchange.
Token Economics
The native token of the DINNGO exchange is
termed DGO. The token could also be a really utility token, which will be used
on the whole DINNGO platform and exchange. the company predicts that the
foremost real use-case of the token is to pay the platform’s dealings fees. And
to the merchants on the platform as Associate in Nursing accepted reasonably
remuneration.The company has declared that the complete circulation of the coin
is concerning 2 hundred million. this stipulated ration of Ethereum to DGO is
1:2,125. And buy-ins area unit expected to be in Ethereum only.
ICO Information
The company is presently in its pre-sale
amount. And plenty of high-profile folks are expressing their interest in being
behind this exchange project. the corporate is presently undergoing its
personal pre-sale. And is almost seventieth oversubscribed out with giant
investments from the famed plunger YK Chu, United Nations agency is
additionally the director of the working capital firm Wisconsin
instrumentalist.The actual public sale ICO is simply below a month away and is
anticipated to start on the sixteenth of Gregorian calendar month and last a
couple of month. The minimum buy-in that the corporate is acceptive is zero.1
ETH and therefore the DGO/Ethereum ration is alleged to be two,125:1.
The Verdict
It is imperative that exchanges within the
market begin searching for solutions to the blockchain’s major issues which is
precisely what DINNGO is doing. The options that DINNGO are functioning on
(safety, integration and easy use) are places that the exchanges immediately
are lacking in. and also the perfect execution of those concepts could be what
sets the exchange except the remainder.The team behind the project are all
terribly older professionals within the banking sector and also the blockchain
business. thus if there's team which will pull this stuff off, it's this team.
Overall, it's safe to mention that huge things are expected out of the team
albeit company.
Follow us
Webpage : https://dinngo.co/
Facebook: https://www.facebook.com/dinngohq
Telegram: https://t.me/DINNGO
Twitter: https://twitter.com/dinngohq
Medium : https://medium.com/p/4de9e5fa52d/edit
Reddit: https://www.reddit.com/r/DINNGO/
YouTube: https://www.youtube.com/channel/UCb3O5Ek9JGd2v9kWp08c1xQ
Content writer
Mst.Taskurun Nesa
Bitcoin user
Name :taskurun1998
Bitcoin
Profile Link :https://bitcointalk.org/index.php?action=profile;u=1775722
ETH
:0xec494dEDdC6Fd29bD37716Ca3368f6D9f3556d45
The
cryptocurrency market and so the blockchain business has full-grown multiple
folds inside the past five years. From being the loser of the money business,
it's bit by bit created its technique right to the centre of it and become a
extremely necessary purpose. The adoption of the technology and so the coins as
a mode of dealing is on Associate in Nursing all time high owing to that almost
all exchanges area unit reaching their peaks.The exchanges that presently exist
area unit reaching their peaks with the increasing volume of people on the
network and area unit unable to match up to the demand. owing to that, the
managements of these exchanges and so the varsity teams area unit beneath
tremendous amount of pressure, that in turn finishes up in corners being cut.
one all told the foremost common trade offs inside the exchange system is that
the one between security and user experience; every of that area unit
imperative.Working on and corrective the strain points of the presently
functioning exchanges, a team of intimate professionals from Taiwan have created
Associate in Nursing exchange called DINNGO. The exchange boasts of getting the
flexibility to do to to higher what has been wrapped till presently.
Dinngo- the mobile digital currency
exchange
DINNGO is also a blockchain business startup
based out of Taiwan and Singapore. the company is presently in its pre-sale
section and is mechanical device up for its initial ICO spherical regular to
happen shortly. the company includes of people World Health Organization have
immense experience at intervals the money sector, blockchain sector and
cryptography severally. The founder and jointly this corporate executive of the
company is Hsuan-Ting Chu.DINNGO is really a mobile digital currency exchange
that works on ameliorative the strain points that area unit featured by the
standard shopper at intervals the business. it is the primary mobile exchange
that has successfully established a ballroom dancing verification system
between cold wallets and their individual mobile devices.To understand what
DINNGO is making an attempt to comprehend, it's a necessity to know the strain
points the company is grappling through their exchange. other than the plain
problems caused by the dearth there of measurability of blockchains, exchanges
at intervals the market presently face three main problems;
SafetyTransaction TimesUser Experience and
Wallet Interface
These three area unit the produce and break of
any exchange and area unit areas that every one exchanges inside the market
should be compelled to figure on. DINNGO has come up with innovative
work-arounds in their exchange’s model, that leverage these shortcomings and
makes them their exchange’s USP.
Features of the dinngo exchange
SafetyThe Problem
The biggest
stress points of the trade and market as a full is that the lack of safety.
Hacks and platform breaches are getting additional prevailing and cause a loss
of plenty of individual assets and funds. Most exchanges within the market
provide pocketbook services together with their platforms, that are heavily
availed by users. They kind protea like opportunities that are terribly
engaging for hackers.The reason exchanges are targeted repeatedly is as a
result of tho' they're a part of a ‘decentralised’ system, they inevitably
become a ‘centralised’ purpose of access. And one breach will mean a heist to
the tune of millions.A very subscribed-to work around to the potential threat
of hacking are cold storage techniques. the utilization of cold storage/wallets
bring the chance of vulnerability down drastically. however the trade off the
buyer should be okay with is that the lack of integration between exchanges and
cold storage hardware.Another major downside the market is fighting with is
centralisation. the explanation the cryptocurrency market took-off is thanks to
the shortage of trust in banks and established money establishments. And
exchanges, additional or less, are centralised bank-like environments, that
primarily management the storage of a user’s digital assets.
The Solution
To solve
these multiple queries of safety and problems, DINNGO has come up with a
viamedia answer that merely is additionally the way forward for several
exchanges.To tackle the centralised management monopoly that the exchanges hold
over the users among the community, DINNGO has come up with solely|the best}
thanks to kind the user only liable for the holding of their assets. to achieve
this, DINNGO has established integration with multiple cold storage case
hardwares like; MetaMask, Trezor and Ledger and has in addition created its own
cold storage answer. To tackle the cold storage integration problems with
exchanges, DINNGO has managed to line up a social dancing verification
methodology between the exchange, the mobile application and so the cold
storage case itself.To tackle the bush issue, the exchange involves the users
extra among the storage and easily primarily provide the platform. that brings
down the prospect and so the want to hack the platform.
User experience
The Problem
The most
common flaw of all exchanges is that the user experience is compromised on
therefore on kind positive that the alternative areas aren’t. the foremost
common trade off created among the exchange systems is that of the user
experience vs safety. an excellent deal of well designed exchanges have low
usability as a results of not enough attention was paid to the program and
overall experience. Exchanges area unit either too tough to use or too basic.
Too buggy or too serious.
The Solution
To tackle
this explicit drawback, DINNGO has created a hybrid exchange that leans on
centralisation whereas being preponderantly suburbanised. In doing therefore,
it involves the user additional in its day to day, in terms of storage and has
created them singly liable for their assets.To tackle the issue to use and
access, DINNGO has created a lightweight mobile application that may be simply
downloaded and is incredibly intuitive to use. The user expertise has been
bettered by concentration on 3 areas; deep integration of cold storages, snart
dealing matching engines and bespoken and tailor created mercantilism
expertise.
Transaction Speeds
The Problem
Transaction
speeds is also a sector that every one blockchains and cryptocurrencies have to
be compelled to desperately work on. If the blockchain is to be the long run of
the financial business, it's obscurity near able to wrestle the volumes that
it's to. to begin with, dealing speeds unit of measurement very slow on most
networks and at zero.5 its expected capacities, blockchains unit of measurement
sheering below their current trade volumes.
The Solution
To tackle
this notably pressing downside, the DINNGO exchange has developed a wise
dealings matching engine. That has, on initial tests, brought down the time it
takes for a dealings to be processed and completed. The engine matches the
dealings almost-instantaneously. the important TPS rate of the network,
however, can solely become obvious when the launch of the exchange.
Token Economics
The native token of the DINNGO exchange is
termed DGO. The token could also be a really utility token, which will be used
on the whole DINNGO platform and exchange. the company predicts that the
foremost real use-case of the token is to pay the platform’s dealings fees. And
to the merchants on the platform as Associate in Nursing accepted reasonably
remuneration.The company has declared that the complete circulation of the coin
is concerning 2 hundred million. this stipulated ration of Ethereum to DGO is
1:2,125. And buy-ins area unit expected to be in Ethereum only.
ICO Information
The company is presently in its pre-sale
amount. And plenty of high-profile folks are expressing their interest in being
behind this exchange project. the corporate is presently undergoing its
personal pre-sale. And is almost seventieth oversubscribed out with giant
investments from the famed plunger YK Chu, United Nations agency is
additionally the director of the working capital firm Wisconsin
instrumentalist.The actual public sale ICO is simply below a month away and is
anticipated to start on the sixteenth of Gregorian calendar month and last a
couple of month. The minimum buy-in that the corporate is acceptive is zero.1
ETH and therefore the DGO/Ethereum ration is alleged to be two,125:1.
The Verdict
It is imperative that exchanges within the
market begin searching for solutions to the blockchain’s major issues which is
precisely what DINNGO is doing. The options that DINNGO are functioning on
(safety, integration and easy use) are places that the exchanges immediately
are lacking in. and also the perfect execution of those concepts could be what
sets the exchange except the remainder.The team behind the project are all
terribly older professionals within the banking sector and also the blockchain
business. thus if there's team which will pull this stuff off, it's this team.
Overall, it's safe to mention that huge things are expected out of the team
albeit company.
Follow us
Webpage : https://dinngo.co/
Facebook: https://www.facebook.com/dinngohq
Telegram: https://t.me/DINNGO
Twitter: https://twitter.com/dinngohq
Medium : https://medium.com/p/4de9e5fa52d/edit
Reddit: https://www.reddit.com/r/DINNGO/
YouTube: https://www.youtube.com/channel/UCb3O5Ek9JGd2v9kWp08c1xQ
Content writer
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