Trade by Trade is a decentralized exchange platform that gives users the ability to exchange cryptocurrencies efficiently. The platform noticed the shift in the demand for cryptocurrency and saw people exchange them for different products and services. The platform also observed more traders opting to use cryptocurrencies over traditional markets. This change is due to the characteristics of cryptocurrencies, which are highly volatile and have reduced transaction fees.
Traders are always looking for tools and techniques to help them trade more effectively. The trade-by-trade concept can meet their needs and requirements, provide an easy-to-use cryptocurrency exchange solution, and at the same time have advanced features for comprehensive management of users' funds.
Based on Bitcoin blockchain technology, Tcoin (TCN) is the native cryptocurrency token of the Trade by Trade platform. TCN is secure, reliable, and can be used for online transactions like most other cryptocurrencies. The token can also be traded on various trading platforms. The platform uses TCN tokens to withdraw and pay for products and services specifically focused on merchants.
TCOIN is based on the proof of work (PoW) mechanism. TCOIN has a two-layer network, with Masternodes enhancing the second tier. Masternodes enable financial privacy, immediate transactions, and decentralized governance and budgeting systems. Masternodes are part of the infrastructure that supports cryptocurrencies such as Bitcoin and Ethereum. No new transaction blocks are added to the blockchain by master nodes. Instead, these nodes validate the new block and perform a specific function in the blockchain's management.
At the second level it is crucial that the masternode is rewarded when the miner discovers a new block. The breakdown is as follows: 45% of block rewards are sent to miners, 45% to masternodes, and 10% is reserved for the budget system.
