Open Federated Gateway Protocol (OFGP)

2018: Creation of the protocol and start of the first blkocheyn-system on its basis

On October 24, 2018 the blockchain system using the new Open Federated Gateway Protocol (OFGP) protocol open source which is intended for transactions between networks bitcoins and Ethereum when using a special token was started the first.

The new blockchain was developed by iBitcome and DEx.top companies and received the name "Mallow". It contains the program of the analysis allowing users to study a flow of assets in real time, and the built-in algorithm Braft provides the high speed of transactions. Representatives of iBitcome note, they aim to save decentralization of the user base which is the cornerstone of blockchain technologies, but at the same time to provide effective interaction between public a blockchain services.

The blockchain protocol for exchange of bitcoin for "air" and back is created

According to iBitcome, creation of a new token of WBCH will help interaction between Bitcoin and Ethereum. The cost of new cryptocurrency is tied to the price of 1 bitcoin. In the future developers will connect also other networks. The open source code as developers consider, will help to enter the market and to other blockchains similar to Mallow that will create healthy competition, will provide to owners of cryptocurrencies the choice and minimizes centralization.

Developers also created the cryptopurse operating on the system of digital identification which can be downloaded on platforms iOS and Android. The multicryptocurrency wallet supports such technologies as Tether, Bitcoin Cash and Ethereum and also has the built-in algorithm enciphering of AES – 128-CTR and the decentralized structure. The iBitcome company hopes that start of Mallow will allow users to carry out transactions with bigger efficiency, over time the blockchain will be able to support harder and harder applications and fast payments.^[1]

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