GloriousChain (GLR) is an award winning, battle-tested, fully compliant, self-hostable and ultra-scalable security and utility token issuance platform. GloriousChain stands firmly in support of financial freedom and the liberty that provides globally for anyone to voluntarily participate in a permissionless and decentralized network which empowers people to not be marginalized by governments and financial institutions.
GloriousChain, by encrypting down to the hardware level and leveraging Blockchain Technology, Filament's decentralized network stack will allow any device to connect, interact and transact independent of a central authority. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work.
Decentralized exchanges (DEX) are a type of cryptocurrency exchange which allows for Direct peer-topeer cryptocurrency transactions to take place online securely and without the need for an intermediary. In transactions made through decentralized exchanges, the typical third-party entities which would normally oversee the security and transfer of assets (e.g., banks, stockbrokers, online payment gateways, government institutions, etc.) are substituted by a blockchain or distributed ledger. Some common methods of operation include the use of smart contracts or order book relaying, although many other variations are possible and with differing degrees of decentralization.