Yellow Duckies

Yellow Duckies

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Yellow Network is a Layer-3 peer-to-peer network that uses state channel technology to securely exchange liquidity & facilitate trading, clearing, settlement, and compliance.
Data is not available
To be announced
Token Details
Ticker
DUCKIES
Company Details
Registered Country
United States
Additional Details
Categories
Platform

About Yellow Duckies

Since the emergence of Bitcoin and Binance, many engineers and traders have worked together to develop the cryptocurrency industry. While most traders only use CEXs (centralized exchanges), the trading occurs in silos. Each CEX and DEX (decentralized exchange) has its list of markets, but unlike traditional finance, those markets are not global.

Blockchain has brought decentralized computation but has been far from being able to scale to what traditional finance is today due to the consensus algorithm mechanisms that require nodes to agree on the version of the state channel. This process, although secure, is slow and hinders the scalability of crypto trading.

The Yellow Network solves the problem of genuinely decentralized trading by allowing participants to swap assets across different exchanges without having to rely on block creation. This brings all parties, exchanges, blockchains, and trading firms together, creating a network of brokerages and allowing for a more efficient trading infrastructure.

The Yellow Network embodies a decentralized Layer-3 peer-to-peer mesh network allowing brokers to communicate, trade, and aggregate the liquidity of connected nodes.

Powered by state channel technology, it enables real-time settlement between brokers on top of a blockchain, thus enabling cross-chain trading without the need to bridge assets.

State channels improve public blockchain throughput by reducing the computational load placed on nodes when processing and storing transactions. This makes it easy to run a node, which decentralizes the process of certifying the miners' work.

 

Features

   

Yellow Duckies Roadmap

  • Q1 | 22

  • $YELLOW token Seed round
    Yellow Network tech research
  • Q2-Q3 | 22

  • Private rounds token sales
    State channels SDK implemented
    Yellow Network draft architecture
  • Q4 | 22

  • $YELLOW token Public sale
    Yellow Exchange goes live
    MVP of Yellow Network
  • Q1-Q2 | 23

  • Public beta of Yellow Network
    Cross-chain atomic settlement (alpha)
    Support for non-OpenDAX platforms

Yellow Duckies Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Alexis Yellow
Executive Chairman
unverified
Louis Bellet
CEO
unverified
Camille Meulien
CTO - Architect
unverified
Sergii Kashchenko
COO
unverified

Yellow Duckies Last News

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