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    Home What is Asirtum?
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    What is Asirtum?

    By itsdevinDecember 21, 2021Updated:February 7, 2023928 Comments3 Mins Read
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    What is Asirtum
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    Everyone knows about decentralized token exchange platforms implemented on smart contracts. The main idea of these platforms is the absence of blocking funds in smart contracts to the moment of the transaction. Funds are always free. It is important for each of us. Consider the Asirtum ecosystem!

    Asirtum implemented an ecosystem with no points of failure or the need for specific knowledge to deploy centralized interfaces for managing smart contracts and wallets. The wallet software has controlled all processes, which connects to blockchains and smart contracts.

    The assets will not be written off from accounts until the parties to the transaction are fully confirmed by both parties. It is guaranteed the security of the process. After that, the exchange will be ensured by the implementation of a smart contract by a decentralized blockchain system.

    Today there are two options for exchanging assets and values. Consider the pros and cons of both:

    Custodian websites:

    The exchange is carried out only after the transfer of assets to the custodian, who provides the exchange on these platforms. A wide network effect is needed to fill pairs with liquidity. It also creates security risks and centralization of a large volume of assets in the trust management of the exchange website. In case of a successful attack, the losses can be colossal. The market will be blocked and the development of the economic process, in the best case, slows down. In the worst case, it regresses. This problem is solved by the presence of a large number of such websites, which is a kind of decentralization option. In this case, it divides the capital into large stakes, which may create corruption risks.

    Also, from such a model comes the full control of the exchange over the introduction of new pairs and assets to the market, which creates restrictions for new businesses. It is necessary to go through this barrier before bringing the project to the market. It is also important that the exchange charges a decent commission on the total cost of the project. It takes away resources from it.

    Non-custodial sites

    The problem with these platforms is necessary to create a primary pool of liquidity in pairs. The project needs to provide primary capital to the pool with highly liquid coins.

    These problems are solved by atomic swaps Asirutm to the fullest. Because to exchange, you need to use your wallet and put your crypto assets up for sale.

    Asirtumhas a lot of unique functions and all that is needed for a nominal entry to the market are functionality tokens, which are an indispensable tool for ensuring the safety of all processes. The demand for tokens will be regulated only by the penetration of information about the project. The price of a token is determined only by supply and demand in the network segment in which “rumours” have spread.

    Asirtum seeks to provide users with complete financial freedom and organize direct financial communication without intermediaries.

    Asirtum Asirtum Bridge Asirtum ecosystem
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