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The full name of BKK is BKEX Token, which is the equity token of the BKEX platform and an important part of the entire BKEX ecosystem. Holding BKK can make community voting decisions, increase the interest rate of digital asset wealth management, exchange for new projects, etc. BKK was issued based on the Ethereum ERC-20 protocol in the early stage, and will be transferred to the self-developed public chain in the future. Relying on the BKK public chain, it can realize functions such as safe storage of digital assets, project crowdfunding, and asset issuance. Starting from July 2019, the platform will use 70% of the transaction fee to repurchase and destroy BKK every month until the remaining total amount is 80 million.
BKEX is a digital asset trading platform based on community consensus, which perfectly combines the high performance of centralized exchanges and the high reliability of decentralized public chains. Through the BKEX public chain, secure storage of digital assets, project crowdfunding, asset issuance, and DPOS-based super node decision-making system are realized to serve our trading platform in an all-round way.
BKEX proposes transaction mining, and all users who hold BKK on BKEX can enjoy 100% dividends of platform fee income every day. BKK is produced in the form of "transaction mining". Users who trade and participate in mining are regarded as "miners" and can enjoy dividends.
BKEX proposes that the exchange is a wallet, and will launch 8 major functions in the wallet section, including digital wealth management, lending, computing power trading, super nodes, one-click trading, one-click balance clearing and other functions will bring superpowers to users experience.
1. Transaction mining and BKK dividend
A. Transaction is mining, and user transaction fee is mining proof.
B. The platform releases a certain amount of BKK tokens every day Tokens, users share the proportion of transaction fees equally
C. BKK is the platform's virtual share certificate, which can share the platform's fee income
2. Digital financial management
The system provides user asset module financial management functions, such as POS nodes, brick-moving arbitrage, mining machine mining and P2P lending. Users can use their own Risk preference choices.
3. High-performance memory matching engine (as shown)
A. Orders and balance data for high-frequency operations are all carried out in memory;
B. Matching engines use clusters, one trading pair corresponds to one matching engine, and they can be mutually backup;
> C. All transaction order operations are recorded in the log, the log contains undo and redo modules, redo is responsible for transaction rewriting, and undo is responsible for transaction rollback;
D. The order and balance in memory are written back to the database every cycle , and record the log checkpoint at the same time;
E. If there is a problem with the matching engine, restart the engine and write the log back to the matching engine for rewriting operation.
4. Strong community support
The founding team is all blockchain practitioners, and there are 10+ domestic top community support in the community, while using community
partners The system unites more community cooperation, which will be an unprecedented community alliance.
5. A digital asset trading platform based on the delegated proof-of-stake consensus mechanism (DPOS)
A. Based on the delegated proof of stake consensus mechanism (DPOS)
B. Issuance of virtual currency assets based on the BKEX main chain
C. Anyone can create a basic node, and the basic node votes to produce a super node to decide whether to Upgrade the main chain
D. Any project can initiate crowdfunding on the BKK main chain through smart contracts. Crowdfunding needs to specify the number of crowdfunding, the scale of token issuance, and the user redemption plan. At the same time, smart contracts can Agree on the use plan of crowdfunding funds. Each time
crowdfunding funds are released, a backup node is required to initiate a vote and pass it to the project party
E. Users can redeem crowdfunding funds at any time through smart contracts
F. Others Listing applications can be initiated through the BKK smart contract, and super nodes vote to decide whether to list coins
A. Service fee dividends
B. Community rewards
C. Circulation of BKEX ecological consensus main chain
D. BKK wealth management products
E. BKK trading pairs