91–100 of 209 posts
Why should I launch an exchange when there are already hundreds of existing exchange? As a entrepreneur: Exchange services is very difficult to differentiate. It’s a commodity service. Why should I invest in marketing to promote my new exchange? As a customer: Why should I buy tokens? - Most of existing tokens have not active project behind - Many times the token is useless for the project and it will not increase in…
Why should I launch an exchange when there are already hundreds of existing exchange? As a entrepreneur: Exchange services is very difficult to differentiate. It’s a commodity service. Why should I invest in marketing to promote my new exchange? As a customer: Why should I buy tokens? - Most of existing tokens have not active project behind - Many times the token is useless for the project and it will not increase in…
If you want to list the same assets as everyone else with the same interface in the same markets, then yes, it's hard to compete. However, we see a world of tokenized assets coming online that will need unique markets for exchange. Something like Radar Relay ( https://radarrelay.com/ for ERC-20 commodities) is totally different from Veil ( https://veil.co/ for prediction market shares) is totally different from BoxSw…
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I'm not surprised you are getting downvoted but that's pretty funny.
My fault for failing to remember how thin-skinned crypto enthusiasts are. Have never met one with a sense of humor.
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Think more broadly about what an "exchange" could be. You're thinking crypto forex, but consider a crypto-kitty bidding platform or a virtual game item marketplace.
Or market for insurance policies. Or bonds. Or stocks. Regulation is clearing up and there are many biting at the bit for this. The disruption of financial markets may not happen tomorrow, but once it does it will go fast in each market. If there are more efficient venues, competitive market participants will start moving once they realize that they will be at a competitive disadvantage if they don't. When I say effi…
Only if all the related elements are all virtual and on the blockchain can it do anything - so we're stuck with gambling and cryptokitties for real world usage.
Given the limitations of 0x, I never thought of it as a good protocol for real-time exchanges (ie Coinbase Pro). For me, it's always fit more into a decentralized Over the Counter (OTC) trading alternative.
The speed of execution limitation is not because of 0x, but because of how fast a tx can be registered on the block chain. It can't compete (they say for now) at settlement speed with a high performance centralized exchange. But you have to trust those centralized exchanges with your funds. While with 0x you don't have to. One could say centralized exchanges can't compete on trustlesness with decentralized ones.
Why should I launch an exchange when there are already hundreds of existing exchange? As a entrepreneur: Exchange services is very difficult to differentiate. It’s a commodity service. Why should I invest in marketing to promote my new exchange? As a customer: Why should I buy tokens? - Most of existing tokens have not active project behind - Many times the token is useless for the project and it will not increase in…
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Different jurisdictions have different compliance requirements. Not sure, but my guess is the goal of this project is to allow regulatory arbitrage with a single unified interface.
Capabilities to enforce regulatory compliance on permissionless chains is coming. You could, say, have zero-knowledge proofs in smart contracts that enforce that tokens representing security X can only be transferred if the receiving account has performed KYC and confirmed as an accredited investor in jurisdiction X, Y or Z, without leaking any PIIs that went Intl the verification. Or more trivially, TPL for account…
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I'm thinking a database.
If you're willing to trust the entity holding your assets, then a database will suffice. The non-custodial features of 0x enable exchange without reliance on third parties.
By building on 0x, or other cryptocoin software it's essential to be aware of the elephants/whales in the "economy" of cryptocoins and tokens.
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I disagree with the point, but for the sake of argument, why is this a negative? Large portions of pure mathematics would be deemed irrelevant by this standard. Blockchains and smart contracts are still a burgeoning technology, and projects like this demonstrate what is possible in a tangible way. Perhaps this particular project has no use that you can foresee, but it's the foundation upon which future projects of wo…
I love pure mathematics but I don't quite agree that all the blockchain stuff falls in the same vein at all. There is no "science" here. No positing of a theory that explains what happens when X happens. After the original paper which largely built on ideas that already existed, I don't believe the field of consensus protocol has been greatly enhanced by the crypto fad. In fact, almost all products, papers, and devel…
A lot of other stuff could be argued to fall on the border of Computer Science. Do networking protocols like TCP fall into CS? Then so should Lightning. I do think that Greg Meredith et als research and at lesst one of IOHK's papers count too.