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Stoxum Token blockchain network on Ripple technology


xrpmommy
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You don't need 2-30 mil $ to build an interface on top of a dex that is already present, from what I have seen in the github repo, they have forked rippled, just renamed where ever the name ripple is present to stoxum, I really don't know what is the point of doing this. and their roadmap screams of a scam waiting to happen. Also, why would I pay any commision to trade on dex which is inherently present in the Ripple network and is basically free of cost? This is worse than bitconnect. 

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Hello. My name is Alex and i am a community manager of Stoxum project.

What a great (not) thread! I had to wait a whole day until the option of messages became available, the team smashed own faces with facepalms.

You just fork the code! Nothing new! Omg scam!

Yes, STM is a fork of Ripple. Its not a hyper-new-super-fast-wtf blockchain technology which will destroy the market. We use STM for our own needs - a voting system, the distribution of dividends for investors, as currency for payment for Whitelabel solutions for business. We chose this technology (XRP), because it is fast and stable.

What is the Stoxum really?

Stoxum is a business solution with the help of which companies will be able to launch their own decentralized exchange of cryptocurrencies in a few clicks. The ecosystem consists of the main highly efficient and secure hybrid crypto exchange and Whitelabel solutions, which are united by a single pool of orders to ensure the liquidity of all sites.

All holders of the STM token are entitled to receive dividends of 100% of the income of the entire Stoxum ecosystem. During the ICO between investors will be distributed 100% of the emission (200 million tokens).

 

Thx for many leads from this forum btw..

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3 minutes ago, Stoxum said:

Hello. My name is Alex and i am a community manager of Stoxum project.

What a great (not) thread! I had to wait a whole day until the option of messages became available, the team smashed own faces with facepalms.

You just fork the code! Nothing new! Omg scam!

Yes, STM is a fork of Ripple. Its not a hyper-new-super-fast-wtf blockchain technology which will destroy the market. We use STM for our own needs - a voting system, the distribution of dividends for investors, as currency for payment for Whitelabel solutions for business. We chose this technology (XRP), because it is fast and stable.

What is the Stoxum really?

Stoxum is a business solution with the help of which companies will be able to launch their own decentralized exchange of cryptocurrencies in a few clicks. The ecosystem consists of the main highly efficient and secure hybrid crypto exchange and Whitelabel solutions, which are united by a single pool of orders to ensure the liquidity of all sites.

All holders of the STM token are entitled to receive dividends of 100% of the income of the entire Stoxum ecosystem. During the ICO between investors will be distributed 100% of the emission (200 million tokens).

 

Thx for many leads from this forum btw..

No thanks ;)lol

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2 hours ago, Stoxum said:

the team smashed own faces with facepalms.

As we did, reading all the description of the system you just provided. 
There is no way the described overhaul didn't reflect on the stability and performance of rippled. 

Also, 'liquidity pool' is what, the dex part of RCL? :D And the dex is not even a dex like etherdelta, but a place to exchange ious of the gateways that are still centralized. 
Demurrage is deprecated, and it is not trivial to make interest bearing ious correctly. 
Then you have the issue of IOUs and their backing and redemption. Network fees and what not. 

How do you control the issued value? What's the point of having a cumbersome rippled, when the 'dex' part could be easily rolled out via aws images of hyperledger or ethereum? 
And with Hyperledger, you don't even need to mine. 

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