Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] QuickX Protocol — quickest cross blockchain transactions
by
QuickX Protocol Support
on 20/05/2018, 14:06:45 UTC
What are the differences between Transaction facilitators and Pooling facilitators in your project ?

Transaction facilitators maintain the off chain order book and charge a next to zero fees for maintaining the records. They will approve the transactions such as a conversion from ETH to EOS or TRX to ETH The transactions are negotiated off the chain and after the trade is done, the on Chain settlement takes place. Anyone without the liquidity can become a Transaction facilitator and can earn transaction fees by maintaining the off chain order books.

And Pooling facilitators infuse the necessary liquidity into the ecosystem while facilitating the crosschain instant fund transfers, which makes the backbone of the Quickx’s interoperability. A pooling facilitator in the liquidity pool can make transactions for users and can ask for a loan from any other pooling facilitator within the pool. Quickx is open for anyone with good amount of Liquidity Reserve to become a pooling facilitator.