Horizon Platform Community How does Asset Exchange work
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  • Jerical13

    5th September 2014 at 3:58 am

    I see that asset exchange and contracts are the new hype. How do they work? I’m not too adept with software/coding or internet tech, so please give a more simple explanation if possible


    Horizon: 123.50 HZ
    5th September 2014 at 7:53 am

    The asset exchange can be compared to centralized exchanges like poloniex. The trading pairs are always Asset/NHZ, and everyone is able to issue a new trading pair.

    Our gateways give you assets in return for coins, and the other way round.


    Horizon: 0.00 HZ
    5th September 2014 at 10:32 am

    Contacts is something similar to Contacts on your Email. It just store info about someone so you don’t have to enter it when you want to send them a message, or coins, or assets etc. It is pretty simple you pretty much just open the menu, click on ” add contacts” In the upper right corner, and enter the info for the contact and save.

    The Asset Exchange is A little more complex. it allows users to issue and trade digital assets (which can be representative of about anything: stock shares, loan markers, etc). You can find the listing of assets on the block explorer http://explorer.nhzcrypto.org/?page=assets. To add an asset to your wallets index, open the Asset Exchange, click on the “add asset” in the upper right hand corner, and insert the asset id from the block explorer. I am not sure exactly of the process of issuing an asset, as I have never carried the process all the way through, but from what I did play with it is pretty self explanatory.

    We are trying to get Tutorials for both of these things.

Viewing 3 posts - 1 through 3 (of 3 total)