Review on Joyso by Pedro O. Alvino M.
Decentralized hybrid exchange.
Composed of two decentralized exchanges, it is one of the first to have this hybrid architecture, given that the two exchanges are located on different chains, in this case the Ethereum and Tron network.
With the implementation of smart contracts, the entire ecosystem is included in this resource, further facilitating the trading process, as well as the management of the listing and auditing of tokens that it owns, since it will be possible to have a listing model. of token between strings.
The design of the platform can be very complicated, although its trading system is a bit simple, it is necessary to connect a wallet to be able to carry out transactions within the platform without having to add that they are tokens of the Ethereum and Tron chain so that some are very few popular and liquidity is almost nil given the little support that the exchange has.
Given the little information of the exchange, many users will opt for another platform, although this is an unusual time, its services are still incomplete compared to other crypto-asset exchanges.
Pros
- Consists of a hybrid decentralized exchange design.
- Provides developers with tools for decentralized application development.
- Allows the integration of wallets through the private key.
- It has a Multi-sign technology custody system with smart contracts.
- Consists of airdrop-based mining.
Cons
- Not suitable for operators with little experience.
- Little information about the volume generated within the exchanges.
- The tokens listed on each of the exchanges are very quirky and unpopular.
