Kyber Network according to their white paper is “an on-chain protocol which allows instant exchange and conversion of digital assets (e.g. crypto tokens) and cryptocurrencies (e.g. Ether,
Bitcoin, ZCash) with high liquidity. KyberNetwork will be the first system that implements several ideal operating properties of an exchange including trustless, decentralized execution, instant
trade and high liquidity.
After Mt. Gox and constant gov’t overreach, I think decentralized cyrptocurrency exchanges are an ideal and vital component to the harmonious growth of the cryptocurrency ecosystem. I discuss some other reason why I think this is a good altcoin!
Kyber Network Whitepaper: https://kyber.network/assets/KyberNetworkWhitepaper.pdf
Kyber Network Website: https://kyber.network/
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