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Author Topic: [ANN] Cryptops (COE) Crypto Currency Derivatives Direct on a Layer 1 Blockchain  (Read 1080 times)

Offline cryptops.exchange

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Cryptops is a blockchain that enables the trading of crypto currency option derivatives

COE is the native coin on the Cryptops blockchain that provides a weekly distribution of ALL network fees plus 1% inflation to all qualified accounts. The tokenomics of the Cryptops blockchain is clear transparent and easily understood. The Cryptops blockchain uses the COE utility coin to provide for a verifiable fair and honest options market for crypto currencies directly on a layer 1 decentralized distributed blockchain. The Cryptops project has been in research and development for over 4 years now.

Cryptops is a fork of the upstream Stellar code base. A major difference from the upstream Stellar code is the total quantity of 1 billion native coins (COE). Other major changes include the 1% interest and transaction fee sharing to qualified accounts on the Cryptops blockchain as well as the network starting date of January 2018.

Cryptops test network
The test network for the Cryptops blockchain is running on 8 nodes in random data centers around the world and has been up for about 3 years and is over 15 million ledgers deep. The API server for the Cryptops test network can be found at: https://horizon-testnet.cryptops.exchange [nofollow]

Cryptops main network
The main network was brought up on 12 nodes running in random data centers around the world just a few months ago and is already well over a million ledgers deep. The API server for the Cryptops main network can be found at: https://horizon.cryptops.exchange [nofollow]


The Cryptops COE ICO has now begun! Cryptops COE can be purchased using the direct BTC to COE bridge.

Cryptops is making available an ICO of the native layer 1 utility coin called COE. The amount being offered is the interest that has accrued during the research and development phase of the project. The time period for the interest starts with the beginning of research and development on the Cryptops blockchain that started in January 2018 until now. This accrued interest of COE will be sold to secure the production launch of the BTC option derivatives that will be placed directly on the Cryptops blockchain. The COE ICO amount was obtained by collecting the 1% Cryptops blockchain inflation from both the remainder and build challenges accounts shown in the distribution document at https://cryptops.exchange/download/Distribution.pdf [nofollow].

Details of the Cryptops COE ICO.
  • ICO Amount: 41,500,000 COE
  • ICO Price: 0.000005 to 0.0000549 BTC
  • ICO Price Levels: 500
  • ICO Minimum Purchase: 0.001 BTC
  • ICO Start Date: 9-28-2022
  • ICO End Date: When public BTC options are launched.

The ICO price will start at 0.000005 and increase to 0.000055 BTC per 1 COE using 500 incremental price levels. This will give a price increase of 10 satoshis for each of the 500 levels.

All that is needed to purchase COE is to send BTC to the address indicated. There are no browser plugins that need to be installed to access any third party blockchain. The purchase process is made simple using the direct BTC to COE bridge [nofollow].

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There are so many crypto currencies that don't explain how exactly they are going to make a return for their coin holders. Cryptops has created a video explaining exactly that for holders of the native utility coin COE.


Offline cryptops.exchange

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The new ultra green direct on blockchain crypto options derivatives exchange that makes it easy to run your own Cryptops node and achieve 0ms latency time to the on blockchain order book with transactions closing on average in under 5 seconds.

Here is a screen grab showing the resources being consumed by a Cryptops main public network node running inside a container. The host system is using a Ryzen 9 3950X CPU and as can be seen by the trailing zeros after the "Load average:" metric, the Cryptops node uses very little of the system resources while providing direct access to the on blockchain order book.


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Live trading is now available on both the testnet and main public Cryptops blockchains. The option derivative assets on the main public blockchain can be explored using the CryptopsTerm [nofollow] trading wallet.

The ICO pricing is available to welcome and incentivize new users to the Cryptops platform. Also as an added bonus and to further incentivize new users the transaction fees have been lowered to be near free during the ICO.

 

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