SynteX Coin Network – CryptoAnalyzer
A Cryptocurrency Platform That Places A High Emphasis On Privacy And Security.
In my search for unique and innovative cryptocurrencies or tokens, I came across Syntex Network, a brand new Cryptocurrency Exchange Platform focussing on Privacy and Security and made by the well-known team who developed SynteX Coin.
The SYNTEX Coin is designed as an energy-efficient peer to peer decentralized cryptocurrency. The SYNTEX Coin development team realizes that a cryptocurrency project’s value comes from hard work and innovative approaches and has therefore created an international team of experienced developers to support such an undertaking.
SYNTEX uses a Masternode Collateral system to protect its ledger against 51% attacks. These attacks happened on the Bitcoin Gold and ZenCash projects, who didn’t have collateral implemented into their projects. To organize a 51% attack on the SYNTEX chain, you’ll need to make significant investments and your return on investment are certain to fail.
Without nodes, a blockchain can not function. A masternode is a special full node: it typically processes transactions that occur on the blockchain, 24/7. To continuously process transactions, a masternode requires a lot of computer memory and a collateral. The memory is simply computing power, the collateral is the amount of coins required to run the masternode. To run a masternode, most people turn to a VPS server, to set up a dedicated IP-address.
A VPS, also known as a Virtual Private Server is a virtual machine provided by a web hosting company and runs on its own operating system (OS). It provides admin rights and root access to clients who can install almost any required software, for example, a masternode.
A dedicated IP address is a unique Internet Protocol (IP) address and is assigned exclusively to a single hosting account. It offers you access to your website even when the DNS is not set up, it provides increased speed during high traffic load and brings increased security.
To be competitive in the highly innovative crypto industry, the SynteX Coin Development Team decided to create a next-gen trading platform that can compete with the best platforms available today.
After several hard months of research and development, the team was able to set a high standard for its much-awaited trading platform.
The SYNTEXCHANGE trading platform offers several features:
Fast transactions: Your deposits arrive in less than 2 minutes. Small withdraws happen instantaneously and larger withdrawals withing 10 minutes, faster than the industry standard of today;
Financial System Stability: At the core of the SYNTEXCHANGE a multi-cluster and multi-layer architecture offer a stability standard often used in the financial sector. Again, the team innovates and aims well above industry standards;
Popular Assets: SYNTEXCHANGE’s technology offers an unlimited number of cryptocurrency trading pairs, starting with DOGE, BTC and USDT markets. These will include trading pairs with SYX and LTC.
The project is self-funded and offers a presale to raise extra capital. During the presale phase, people can buy a MN for 0.25 BTC. There are a total of 10MN’s available in this phase.
Buy your masternode on discord by contact @SynteX — Admin ID: 606390652095168522
Note: The SynteX-Team will never DM you first so be careful.
Presale Coin Distribution Details
SynteX aims to become a highly innovative cryptocurrency exchange platform focusing extra on privacy and security, offering users a smooth trading experience within an exchange that offers unlimited trading pairs as it continuously grows and adds new crypto coins to its exchange platform.
The project can be reached in several ways, one of which is the website which is already active or the popular discord server, where you can chat with the development team members.
I will follow this project and do a follow-up article when the exchange goes live!
Website: https://syntex.network/
Discord: https://discord.gg/TH9XMPf
Github: https://github.com/syntexchange/
Explorer: http://explorer.syntex.network/
Twitter: http://twitter.com/SynteXchange/
I am not a professional investment adviser, this is not financial advice. This is not a solicitation for you to invest in this project, but merely a review and first insight document.
Published at Mon, 12 Aug 2019 01:15:43 +0000
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By A . Traviss Corry on 2014-04-11 15:55:23
