Resistance was built by a team of cybersecurity experts with the core values of privacy, decentralization, and democratic mining at the forefront of its development.
The fundamental principle of privacy is at the heart of Resistance, which harnesses the power of zero-knowledge proofs to ensure your payment transactions remain private, and Tor to shield your IP at every step.
Tor can be turned on or off with the click of a button, while the Resistance coin, RES, can be used as an intermediary to ensure private trading on ResDEX. Users will always have the flexibility they require.
What’s more, our dedication to privacy and shielded transactions means Resistance is fungible; all coins are equal and untainted by previous transactions when they are routed through z-addresses.
The Resistance privacy-focused DEX, ResDEX, empowers its users to trade directly with each other through our easy-to-use interface. Users have the freedom to trade cryptocurrency coins while maintaining their right to privacy. Our open-source philosophy ensures that our code remains transparent.
We cut out the middleman and provide a platform which allows users to trade coins directly from one person to another, without requiring them to tie up their funds in escrow, trade derivatives, or pass through a centralized exchange.
Currency trading is secured with atomic swaps, incentivizing each party to uphold their side of the bargain and penalizing those who don’t. For added security, the user can enable the following two options with a simple on/off button. The first option protects your privacy, defending against network surveillance and traffic analysis by routing network traffic through Tor. The second option uses the privacy-oriented Resistance coin, RES, as an intermediary during the trade which adds privacy, preventing anyone from tracking a transaction from one user to another.
ResDEX supports approximately 95% of existing cryptocurrencies, including Ethereum-based ERC20 tokens. There is no registration process required to begin trading on ResDEX, nor are there any withdrawal limits.
$25 000 000
First Platform To successfully launch automic swap with privacy focused coin . Checked the demo Looks promising . Hardcap is a concern current due to poor market conditions.
Resistance is an interesting project whose unique selling proposition is to offer an integrated privacy feature on a decentralized exchange. The development of it is currently in the alpha test net stage, while the beta is planned for the end of 2018. The demand of a reliable DEX is without a doubt still present in the cryptocurrency space. It will be tricky for DEXs to become sector-leaders if a large and established current centralized exchange will diversify into decentralized exchanges. For example, Binance has plans to release a DEX in 2019, and will most likely gain the most traction. If Resistance wants to become one of the leaders in the space, they will need to implement tremendous marketing efforts and offer a truly outstanding product. Because the project is open sourced, we do believe that the cryptocurrency community will support it, due to it truly being a decentralized project.The native RES coin has an interesting use-case due to the fact that it is needed in order to make transactions private if desired. Besides that, it will be a privacy coin which will be used as a means of payment and will also be used for staking. We are also aware that the business model of an exchange is pretty straight forward in most cases, however further clarification in this aspect is required we believe. CryptoCalibur believes decentralized exchanges might have the power to substitute centralized ones one day. Therefore, we agree with Resistance’s positioning in the market and the general product idea.Regarding the team, it is solid and various employees are in possession of extensive career histories at valuable companies. What is questionable here is the fact that under the aspect of desk research, it looks as if some team members are undertaking multiple professional activities while simultaneously trying to bring the Resistance project to the masses. Further investigation here is needed in order to confirm this.To conclude, Resistance proposes an interesting product that is desperately needed within the space. However, given the current market conditions and the unfavourable token sale structure towards public sale, we think that public sale participants should be cautious and do their due diligence before jumping head first into this promising investment.
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