We apologize for the long silent period that continued from the previous year. For the past two months, we have reached our aim by integrating with Metamask the new feature of encrypting/decrypting messaging systems. Our initial post was dated 18 July 2019 https://github.com/MetaMask/metamask-extension/issues/1190 and the initial message about this feature request is dated from 2017. These 8 months we have been working with Metamask core team and community to provide the new way of secure communication.
We have described our “Talk” system in the previous articles and now ideas implemented in the ESCB hybrid exchange will serve for the good on all blockchain communities. Metamask extension has more than 1 million users that can use secure channels for communication. In our next project, we will reuse the “Talk” system code because it is the universal subsystem for any p2p model project.
The next big thing that we have started to implement is United Cryptocurrency Depositing System (UCDS)
United Cryptocurrency Depositing System allows having a gateway for accepting cryptocurrencies on your addresses and watching transactions.
UCDS works by event model, which allows using it as microservice for transforming data from the blockchain to offline data.
For example, you can handle the event that you have got a transaction in 0.01 BTC and record this to DB or send an email, etc.
UCDS system will support all popular blockchain projects and can be expanded by the community. With such a system anyone can accept crypto coins without any fee. An online business can use direct access to financial information on any blockchain. And all this is possible with a unified interface. The standard exchange point can use UCDS library for tracking incoming transactions and exchange it for cash. All centralized cryptocurrency exchanges have their own depositing system with a proprietary codebase. We want to bring for the community the possibility of starting your own exchange business without any investment in the developing process. We believe that the open-source force and the community contribution will give more benefit than closed projects for only commercial gain.