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Taurus0X

Smart Derivatives

Taurus protocol runs entirely on the Ethereum blockchain, with zero downtime and built-in trust management. Dualsig peer-to-peer contracts are created, signed, and shared off-chain via any relay. Once required signatures are gathered, a transaction is issued to persist the contract.

4.4
2 1 expert rating
Benchy 4.5
Experts
4.0
4.0
4.0
View rating distribution
18 days 0 hours left
2018-06-21 - 2018-09-06
Token
TAUR
Price
1 ETH = 10000 TAUR
Bonus
Available
MVP/Prototype
Platform
Accepting
ETH
Soft cap
None
Hard cap
20,000 ETH
Country
Whitelist/KYC
KYC & Whitelist
More on ICO
Report

About Taurus0X

We describe a distributed, open standard protocol that facilitates decentralized trading of digital asset derivatives. The protocol intends to standardize derivative trading and provide a distributed blockchain backend for persisting and executing contracts. The architecture adopts an off-chain/on-chain approach. Contracts are generated and signed securely offline, and may be transmitted over any medium. The protocol leverages multisig contract technology and Elliptic Curve Cryptography in the form of ECDSA to generate and verify digital signatures. The protocol business logic is maintained in a system of smart contracts on the Ethereum blockchain. The protocol operates in two modes: peer-to-peer and moderated, allowing exchanges and/or independent dApp developers to utilize its functionality. Finally, the protocol is an open source project intended to be governed by a proof-ofstake Decentralized Autonomous Organization or DAO . Decentralized governance facilitates continuous integration and development with consensus of the governing the community.

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2 members invited
Rawad Rifai
Passed
Brett Hayes
Passed
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