Exchange Union is a decentralized instant transaction network without credit endorsement. Exchange Union is building the infrastructure for creating a global asset liquidity pool with a mission to bring individual traders and exchanges a decentralized network for instant and trustless transactions using cross-chain atomic swaps. This enables traders around the world to access the best prices and provides liquidity providers with groundbreaking new revenue streams.

1. Project introduction

XUC (Xue Coin) is the official token that drives the exchange alliance, and as a digital currency asset, it is an incentive mechanism applied in it. It is beneficial to the developers of the exchange alliance open source community and the exchange alliance network The service nodes, traders and exchanges that join the alliance will be rewarded.

Project Features

(1) Highly operable;
(2) Decentralized and reliable security network. The exchange alliance chain relied on by the exchange alliance is a decentralized and easy-to-access network. Each exchange in the chain is a node of the alliance chain, and these nodes together form the exchange alliance chain, and all transactions in the chain are encrypted and stored on each node to achieve complete decentralized storage;
(3) Real-time settlement, the exchange alliance chain can fully connect different exchanges and users, so that the currency of an exchange can be bought all over the world, and realize real-time settlement;
(4) Global drainage for the exchange , thus greatly improving transaction efficiency;
(5) The process is transparent.

Application scenario

Cross-exchange trading:
The establishment of the exchange alliance is to enable all exchanges in the alliance to enjoy high liquidity and realize instant price discovery without setting up multiple exchange accounts. The purchase entrance of all digital assets can be obtained.

Get better liquidity and application cases:
The exchange alliance makes the order book attractive by reducing spreads and increasing market depth. In addition, all users can enter your exchange, thereby expanding your customer base.

Frictionless user experience:
One account, one interface, all trading pairs. No cumbersome registration, no waiting for account verification. Our integrated login and customer identification scheme returns control to users. The exchange alliance chain enables users to trade between different exchanges without having to set up multiple accounts and verify personal information multiple times.

Technical Overview

Transactions within the exchange alliance are decentralized, trustless and instant. The three key technologies supporting transactions are:
1. Payment channel
2. Atomic swap
3. Decentralized order book

The power of this technology of decentralized exchanges will subvert the traditional way of digital asset trading. In the exchange alliance, provide:
- more liquidity;
- instant and reliable value transfer brought by atomic swap;
- optimal global price matching.

Exchange Affiliate Network:
Technology that securely facilitates transactions between exchanges.

Instant:
Every transaction on the exchange alliance network is executed in real time.

Trust-free & safe:
Relying on mature public chains like Bitcoin and Ethereum, the exchange alliance network does not require credit endorsement, which is safe and reliable.

Decentralization:
Each exchange runs its own XU Node, and the XU Nodes are interconnected to form an exchange alliance network.

Two. Comments

XUC is an open source project that connects and connects digital asset exchanges.

The exchange alliance has great enthusiasm for decentralization, and the creation of the alliance network may change the existing financial structure we are familiar with. The project party claims that trustless decentralization will surely promote the fairness and development of the global economy, and this vision can only be truly realized through digital assets.

The decentralized concept of the exchange alliance requires the team to work more openly and transparently. In order to follow this philosophy, the project adheres to open source development and management to attract top talents in the industry. At the same time, the project concept of the exchange alliance is extremely innovative and challenging, and needs to gather more wisdom and development strength. It adopts a collaborative working method, values ​​team trust and cooperation, and encourages everyone to freely exchange ideas, ideas, etc. Whether it is the growing open source community or internal employees, all members of the team uphold the corporate culture spirit of "energy, creativity, determination, and fun".

Related links:
https://www.exchangeunion.com/zh-cn/landing/general/
https://www.okex.com/project/86
http:// www.qukuaiwang.com.cn/szhb/2244.html###
https://www.tuoluocaijing.cn/article/detail-43092.html