MHEX Originates Proof of Mortgage Blockchain-Based Asset Trading Platform!
While the specialization of the platform team has become a general trend, the vast digital currency exchanges have comprehended most of their resources. Nevertheless, geeks understand that we are yet in the early stage of blockchain development. With great ideas and timing for different playings, the emerging digital currency exchange has an immeasurable chance of overhauling the industry.
In recent years, digital currency exchanges have encountered several reshuffles, only some of which can withstand the “bear market.” In contrast, many of the old exchanges have slipped into a depressed market. The three pioneers’ exchanges, namely Binance, Huobi, and OKEX, have resisted the developments in the market. On the other hand, MXC and BIKI have been catching up with each other. At present, the exchanges mentioned above have split the whole market share.
After this fierce competition and shuffling, there are still new exchanges entering the market, which also explains MHEX’s entry to this field.
MHEX is a trading platform committed to the transaction of blockchain assets. The Blockchain Foundation of Singapore built it with more convenient and secure blockchain asset exchange services. The world’s driving secure digital asset trading platform is created and operated by professional teams from Singapore, China, Japan, South Korea, and Hong Kong, China. It offers digital asset trading services for global users, including a variety of mainstream digital currencies, like Ethereum, Bitcoin, EOS, etc., and utilizes technologies like cold storage and multi-encryption bank security standards to assure the stability and security of virtual currency transactions, and is assigned to building the most professional digital asset trading platform for supporters from all over the world.
Because trading exchanges are the essence of this industry, the MHEX team decided to establish MHEX exchanges to combine the whole MHEX ecosystem. The so-called big platform requires being ambitious enough, and the strategic layout must be high from the start. Today, the chaos in the blockchain industry has created many complaints and discontent, and people are keen to resolve these difficulties and put the industry back on course. The consistency mechanism of Proof of Mortgage (POM) is adopted in MHEX, which chooses arbitrary nodes from blocks to assure that the probability is equivalent to the valid resources of nodes. Recognizing that this is the highest consensus chain, it is essential to comprehend 50 validated blocks to make the resource status more elevated than the average percentage.