LATTICE EXCHANGE PLATFORM - ADVANCING THE DEFI INDUSTRY

in #latticelast year (edited)

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The explosive advancement of technology has completely transformed various components of the world system.

The most notable of these developments is the breakout of the immutable blockchain infrastructure, a technology which possesses the capacity to execute numerous tasks swiftly in less time than expected.

The financial industry among others has experienced immense changes since integrating the blockchain into its operations, bringing about a better general transaction experience for users all over the globe by changing from the previous traditional system to a more innovative fashion known as DeFi (Decentralized Finance).

This system is characterized by the utilization of digital tokens for transactions and as such has proven to be a better alternative for the security of individuals funds and assets from compromises.

Unfortunately, the adoption of DeFi overtime has been quite difficult, this is because most DeFi applications problems as base layer of already existing blockchain protocols have scaling limitations, quite costly and very slow in operation, this has necessitated the need for a network that will address these issues and further drive the adoption of DeFi around the globe.

LATTICE PLATFORM - DRIVING THE FUTURE OF DECENTRALIZED FINANCE.

Lattice is a decentralized application that is designed around a Constellation hypergraph protocol, and liquidity provision algorithms for the purpose of enabling a more realistic crypto asset trading and settlements.

By integrating the constellation hypergraph infrastructure, Lattice aims to advance the blockchain industry with innovative financial instruments that are not only cost effective, but also possess the scalability, security and speed which is obtainable in the trading of traditional security assets

This improved platform offers users with an AMM liquidity pools that helps them earn transaction fees on their deposits, smart routing algorithm for executing trade across different platforms, pluggable institutional grade order matching that is totally asset specific as well as a governance token(LTX) which gives its holders right to enjoy the full benefits of the substrate.

UNIQUE ATTRIBUTES OF THE LATTICE EXCHANGE

The key technological differentiators that will help the lattice's unique constellation infrastructure to execute transactions and operate efficiently includes

  • PROOF OF REPUTABLE OBSERVATION

The proof of reputable observation is the unique consensus algorithm which facilitates the organization of the network based on the multiple variables, this factor will strengthen the security of the network while maintaining maximum scalability.

  • DECENTRALIZATION

Constellation is not only a master node with a few number of light nodes.Hypergraph is a completely decentralized mainnet with about 44 foundational nodes and leverages rate limiting across our decentralized nodes to balance the state of the network.

  • U.S GOVERNMENT AUTHORIZATION

Apart from being a decentralized protocol, it is also an innovative network that works with the U.S government to provide an efficient distributed ledger technology which will facilitate data tokenization and proffer a secure access to data.

  • NETWORK UPGRADE

Constellation utilises mathematical proofs to detect and organise data and the entire network for better operations.It leverages topological ordering and simultaneous consensus to facilitate the usability of the network's data by machine learning engineers and Artificial intelligence.

CONCLUSION

Lattice is well equipped to solve the prevalent issues of decentralized finance.

With the innovative constellation infrastructure, it intends to bring about swift execution of transactions, maximum network scalability,low cost and security of assets,and with its adoption will totally revolutionize and drive DeFi to the next level.

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For more information click below:

Website: https://lattice.exchange
Telegram: https://tme/latticeexchange
Whitepaper: https://lattice.exchange/Lattice-Exchange-Official-Whitepaper-pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5278016.0
Instagram: https://instagram.com/latticeexchange
Linkedin: https://www.linkedin.com/company/lattice-exchange
Facebook: https://www.facebook.com/LatticeExchange

Author's Bounty0x Username: Uju4real

Note:This Article Is Exclusively Written For Bounty Reward Purposes