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Bitsive Exchange

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A system of protocols would allow users to deposit cryptocurrencies on an exchange, without the presence of an actual deposit. A smart contract provides the base of the solution, but the benefits are gone if the funds cannot be used to initiate multiple, simultaneous trades. We propose a solution to the following three problems using a zero-day protocol: centralized exchange hot wallet hacks, decentralized exchange limited trading capabilities, multiple deposits of low amounts on over the counter exchanges. At its core, is the smart contract which serves as an input and output for the cryptocurrencies it supports. The smart contract takes the input from the trader and assigns it a unique identifier, typically the traders wallet address, and sets up a contra account with the given amount deposited and allows the trader to perform trading activities on the centralized exchange. Once an order has been filled, the federation server updates the trader’s transactions onto the Blockchain in real time allowing the trader to withdraw their balance after trading activities over the same smart contract by simply initiating the withdraw call. The trader will choose the type of coin to withdraw, enter their unique key and wallet address.
General
Website: Visit
White paper: Read
ICO Time: 7 Oct, 2018 - 2 Feb, 2019
Whitelist/KYC: Whitelist
Country: USA
Token Info
Ticker: SIV
Platform: Ethereum
Token type: ERC20
Available for sale: 890,000,000 SIV
Financial
Pre-sale Price: 1 SIV = 0.79 USD
ICO Price: 1 SIV = 1.58 USD
Accepting: 0.1 ETH
Soft cap: 1,000,000 USD
Hard cap: 80,000,000 USD
Social Media
  • 1

    Q3 - 2018

    Pre sale and ICO begins. Development of Bitsive and the Zero-Day protocol begins. UXteam mock up design submitted for approval. DEVcore team formation. Necessary licensing applications filed and submitted. PRO-QUALITYteam first round of checks.

  • 2

    Q4 - 2018

    Testing of Zero-Day protocol barebones. Stress-testing Bitsive barebones. Third party security audit on first mockup of Bitsive and Zero-Day protocol. Logic testing. Genius contract structuring. Ethereum, Stellar, EOS implementation into Zero-Day protocol. UXteam, DESIGNteam simultaneous testing. PRO-QUALITYteam second round of checks

  • 3

    Q1 - 2019

    Security testing and third party auditing of Zero-Day protocol Beta and Bitsive Beta. transactions per second testing for Zero-Day protocol Beta and Bitsive Beta. FOCUSgroup testing of Zero-Day protocol Beta and Bitsive Beta. UXteam, DESIGNteam, PRO-QUALITYteam final testing. C/Hack-Is-Life private and public hacking bounty. Marketing campaign #sivthenoise starts Bitsive Alpha and Zero-Day protocol Alpha opens to the public.

  • 4

    Q2 - 2019

    First quarter of token buy back. More cryptocurrencies added to Zero-Day protocol and Bitsive SIVchain structuring. Third party security audit of Bitsive and Zero-Day protocol. Fiat deposits and withdraws testing and integration.

  • 5

    Q3 - 2019

    Second quarter of token buy back. Community vote on free listing coins. SIVchain stress testing. SIVchain security audit. Genius contract integration on SIVchain. Privacy implementation on SIVchain.

  • 6

    Q4 -2019

    Migrate from ETH blockchain to SIVchain. Token swap 1:1.

Challee Smith

CEO

Proshonjit Das

System Architect

Sandeep Kumar

Solidity Developer

Karen Gabrielyan

DEVCore

Roman Vatala

Senior Solidity Developer

Alexey Shumilov

Senior Solidity Developer

Anton Adamansky

System Arcitect

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