Review on QuickX Protocol by Jorge Hernández
take on the challenge of a more scalable protocol
Often times the speed of business operations is dependent on the level of scalability of the network where these transactions are executed.
One of the problems that threaten the scalability of a blockchain is generally its congestion or the reload of a large volume of operations on its infrastructure.
To solve this problem, the creators of QuickXProtocol based their platform on allowing transactions to be executed externally to the chain; in such a way that the network works faster due to the low congestion of assets in its main column, this therefore increases its scalability.
This operating mechanism in turn brings other favorable consequences for the platform and its users; such as:
• Reduces operating fees
• Increase the speed of transactions
• Allows instant payment processing
• Provides access to multi-currency compatible wallets
• Offers prepaid card recharge
• Allows instant asset transfers through the QCX token
• Secure infrastructure protocol
• Access to multiple assets with low fees for profitable trading
• Access to wide liquidity markets
• Allows you to use a wide range of currencies to make exchanges
Due to its invaluable speed and efficiency in network performance; QuickXProtocol forms a valuable ecosystem within the cryptographic platforms offered by the stock market.
In addition to its compatibility with the various blockchain platforms; and the low rates; represents an attractive digital asset for investors and users in general.
Pros
- Allows instant electronic payments
- Reduces transaction costs
- Contributes to interoperability between multiple platforms
- Allows access to a diverse basket of liquidity assets
- Contributes to network efficiency by allowing operations outside the main chain
Cons
- Subject to price volatility
