5 yılda PARİBU - Paribu in 5 years

5 yılda PARİBU - Paribu in 5 years

5 yılda PARİBU - Paribu in 5 years

 

Merkezi İstanbul'da olan ve 2015'te ön hazırlık sürecine başlayan Paribu, Şubat 2017'de faaliyete geçmiştir. Paribu'nun kurucusu ve CEO'su Yasin Oral'dır. 2021'de 1 milyar dolar işlem hacmine ulaşarak Türkiye'de en büyük hacme sahip kripto para alım satım platformu olmuştur. 5 milyonu aşkın kullanıcıya sahiptir.

Headquartered in Istanbul, Paribu, which started the preliminary preparation process in 2015, became operational in February 2017. Yasin Oral is the founder and CEO of Paribu. Reaching a transaction volume of 1 billion dollars in 2021, it became the largest cryptocurrency trading platform in Turkey. It has more than 5 million users.

 

Abstract
Paribu Net aims to create a new performance-oriented, eco-friendly, and
business-focused blockchain architecture with the support of the underlying Proof-of-Authority (PoA) and Delegated Proof of Stake (DPoS) based
consensus algorithms, internally referred as Bouleuterion consensus mechanism. Paribu Net is created to connect people and organizations providing new ways of communicating and cooperating with a smooth and reliable data transition. It is important to highlight that Paribu Net will follow
the idea of decentralization by introducing a secure, reliable, and trustless
transaction network. Paribu Net aims to achieve significantly low transaction fees for users. Paribu Net also supports EVM-based smart contracts to
be able to develop decentralized applications such as DeFi, NFT, gaming,
metaverse, and domain naming systems.

1. Introduction
Blockchain technology has been gaining significant attention during the
last few years. It can potentially transform the digital space by means integrating data and asset simultaneously due to its public, decentralized,
immutable, and append-only ledger. All records in the ledger are secured
by cryptographic rules which make it more secure and tamper-proof by
removing single-point-of-trust. Industries have been looking for new ways
to adapt their products with the blockchain technology for several reasons
like cost-efficient asset management and reliability through transparency. This requires the development of new technologies that simultaneously
realize various features such as storage, privacy, bandwidth, and efficiency. In 2008, Satoshi Nakamoto opened the gates of a new financial model.
Communities and companies have developed several new architectures,
consensus mechanisms, and secondary technologies to advance the
state-of-the-art digital asset management space and provide new real-life
scenarios by means of improving security (through decentralization) and
scalability (e.g., storage, computation, transaction per second (tps)).
Scalability and decentralization are the most important challenges of the
blockchain technologies today. Most blockchain platforms like Bitcoin and
Ethereum have currently high transaction fees, insufficient tps rate, and
therefore, unfortunately may not fit to all the business models. Several different projects exist in the global network, however none of them is ready
for mass adoption to happen in the international business model. To fill this
gap in the technology, Paribu Net aims to provide a scalable, low transaction fee, reliable, trustless, robust, and secure blockchain network that can
support various business models.
Paribu Net is the first step of our worldwide community vision, and it is the
most important proof of our passion for the development of the community. It is a business-oriented smart contract architecture in a sustainable
network. In summary, it aims to support the following features for the community:

 

 


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