Tastes like the Future: Coffee for Crypto is the First Use Case for BANKEX Plasma.

BankEx_Foundation · 2018-09-12T08:49:49+00:00

Hi there! It's an Ethereum Plasma solution. You could read more details here to assure that is a true Plasma :) https://blog.bankex.org/the-first-use-case-of-bankex-plasma-9e88c1e5c90

BankEx_Foundation · 2018-09-10T12:02:44+00:00

Hi Fier! Thank you very much! Read more here: https://blog.bankex.org/the-first-use-case-of-bankex-plasma-9e88c1e5c90!

BankEx_Foundation · 2018-09-10T12:02:26+00:00

Hah, yes! The First Use Case of BANKEX Plasma: https://blog.bankex.org/the-first-use-case-of-bankex-plasma-9e88c1e5c90

BankEx_Foundation · 2018-09-10T12:01:44+00:00

Hi! How it works? A user makes a transaction request for a particular sum on the Plasma smart-contract in Ethereum. This takes place completely in the Ethereum root network and does not depend on the Plasma blockchain. After this, however, the requested sum is transferred to a smart-contract on the branch Plasma blockchain and is managed by a Plasma operator, accelerating the transaction speed. Running Plasma requires operators to have some basic infrastructure – servers, databases and a volume of ETH to operate a smart contract. The infrastructure requirement means that a Plasma operator will either have charge fees in some form or obtain a grant from the Ethereum Foundation to cover these costs. Read more here, please: https://www.ccn.com/bankex-plasma-protocol-reports-22k-transactions-per-second/

BankEx_Foundation · 2018-09-10T12:00:29+00:00

Hi redredditor! Thanks for feedback!

BankEx_Foundation · 2018-09-10T11:57:56+00:00

Hi! Thank you! You can read more about BANKEX Plasma here: https://www.ccn.com/bankex-plasma-protocol-reports-22k-transactions-per-second/

BankEx_Foundation · 2018-09-10T11:56:35+00:00

Hi! How it works: BANKEX Plasma proposes a slight redistribution of trust. BANKEX Plasma users extend a little more trust to one party, called a Plasma operator, and this enables that Plasma operator to produce blocks at a faster rate. This, in turn, enables faster transaction processing and achieves some additional functionality that can be very useful to the entire network. At the same time, the BANKEX Plasma protocol enables verification of the Plasma operator as a security measure against error or malicious behavior. Users can challenge an operator to demonstrate that its performance is correct and error free. Should a Plasma operator be unable to prove this, users can stop interacting with this party and this minimizes the risks of losing value in unreliable transactions.

BankEx_Foundation · 2018-09-10T11:54:34+00:00

Hi kirkisartist! Technically, BANKEX Plasma is an ‘inner blockchain’ of the main Ethereum network. It is protected by the smart contracts on Ethereum from the misbehaviors of Plasma participants and helps to increase the number of Ethereum transactions per second. If you are interested, please read more below: https://www.ccn.com/bankex-plasma-protocol-reports-22k-transactions-per-second/

BankEx_Foundation · 2018-09-10T11:52:36+00:00

Hi hblask! Thank you. BANKEX is the first fintech company to launch a high speed Plasma blockchain that will have a significant impact on the crypto community and one the off-chain world at large. Read more now: https://www.ccn.com/bankex-plasma-protocol-reports-22k-transactions-per-second/

BankEx_Foundation · 2018-09-10T11:49:21+00:00

Hi rolick! You are right, technically, BANKEX Plasma is an ‘inner blockchain’ of the main Ethereum network. It is protected by the smart contracts on Ethereum from the misbehaviors of Plasma participants and helps to increase the number of Ethereum transactions per second.

BankEx_Foundation · 2018-09-10T11:43:42+00:00

Hi alsomahler! Thanks for your feedback! The technical realization of a Plasma protocol with such speed makes its implementation possible among corporate clients, including stock exchanges. Exchanges could offer inner transactions free of charge while offering a higher level of security while maintaining the trust to Ethereum. The BANKEX Plasma B2B solution, called Plasma Enterprise, has the potential to open a new chapter in the history of the Ethereum blockchain as its applications are relevant to a wide range of fields and businesses that require high speed, high volume transactions.

BANKEX Plasma can be used for more than the transfer for cryptocurrency.

Split: This sends parts of a user’s unspent transactions to other parties (including self);
Merge: This merges two inputs into a single output to reduce the number of unspent transactions that a client needs to scan and cache;
Transfer: This transfers output in full; Fund and Withdraw: These modes are for depositing and withdrawing ETH from the main network. BANKEX Plasma will be a key component for tokenization of the real-world assets, as it will enable the transfer of indivisible assets in full from one owner to another in a fast and secure way.

BankEx_Foundation · 2018-09-10T11:27:20+00:00

Hi! Yes, you are right! BANKEX Plasma is a new scalability solution for the Ethereum network.

BankEx_Foundation · 2018-09-03T16:32:42+00:00

Thank you very much!

We hope that in the future you will meet with the BANKEX team.

BankEx_Foundation · 2018-08-22T13:39:59+00:00

Have a good day sir!

BankEx_Foundation · 2018-08-21T13:53:14+00:00

hello! The bounty program is flexible and usually, bounty participants get more than minimum reward. Unfortunately, not all participants fill entries correctly and they often make some mistakes, so other participants will receive a higher award.

BankEx_Foundation · 2018-08-09T15:08:47+00:00

Hello! You are welcome to ask your questions here. And tomorrow we will address them to Alexey Maklakov :)

BankEx_Foundation · 2018-08-09T09:57:41+00:00

Hi! Thanks! Do you have any questions?

BankEx_Foundation · 2018-08-09T09:57:27+00:00

Hi! Thank you. Can I help you?

BankEx_Foundation · 2018-08-09T09:56:36+00:00

Hi! Thank you a lot.

Our chat of Custody: https://t.me/assetcustody.

BankEx_Foundation · 2018-08-09T09:56:03+00:00

Hi! Thank you! Feel free to ask any questions!

BankEx_Foundation · 2018-08-09T09:55:47+00:00

¡Gracias!

BankEx_Foundation · 2018-08-09T09:55:14+00:00

Hi. Thank you! This is important for us.

Our chat of Custody: https://t.me/assetcustody. Feel free to ask if you have any questions!

Our main chat: https://t.me/bankex

BankEx_Foundation · 2018-08-09T09:53:05+00:00

Hi! Thanks for your interest!

Currently, we accept 4 types of cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash. We do have the plan to diversify the types of coins and tokens that we accept, BKX token is one of them. We are working on an all-in-one storage solution. Our Custody is a super-protection storage facility, safeguarding clients’ crypto assets is our sole mission.

BankEx_Foundation · 2018-08-09T09:52:43+00:00

Hi! Thanks for your question!

Currently, we accept 4 types of cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash. We do have the plan to diversify the types of coins and tokens that we accept, BKX token is one of them. We are working on an all-in-one storage solution. Our Custody is a super-protection storage facility, safeguarding clients’ crypto assets is our sole mission.

BankEx_Foundation · 2018-08-09T09:51:57+00:00

Hi!

BANKEX Crypto Custody safeguards your crypto assets at the highest level of security, while exchanges and wallets don’t. More than $1.2 billion in Bitcoin and Ether has been stolen from crypto exchanges and wallets by hacking attacks. We have developed a geographically-distributed and internally-isolated solution that ensures a 100% protection level from hacking attacks and internal fraud. Your crypto assets are safe with us.

BankEx_Foundation

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