Got many questions lately about DEXes and regulations. I believe that if there is an entity that is earning trading fees then you have to follow same rules of CEXes. No way around.
P2P exchanges are the cyberpunk alternative in my opinion. P2P as in #LightningNetwork P2P 
-
Isn’t P2P more of an OTC type flow , no need for an orderbook as it’s who can match the other side depending on price and size Interesting to consider how traders function in that kind of UX Can you still have HFT in a P2P environment?
on a 
there is still an entity or specific community earning from the exchange activity.
There is tech available to build fully P2P exchanges. UX is of course important there
P2P is a way to distribute interest and matching among thousands of independent nodes that can publish real time offers and the node itself will get a fee out of the match. Then you need ways to aggregate offers from large number of different streams and a order routing LN style
-
-
The idea is that each node should act for itself without being part of a bigger share-splitting community.
-
Essentially every node has to be an "exchange" where you can place bids and asks. Then you the have an arbitrage system that scans all other nodes for an order match. Basically make everybody an exchange. Fuck the AMLKYC str8 from the underground.
End of conversation
New conversation -
-
-
Thank you for that explanation :) How does this differ from something like 0x where you can relay the information from multiple streams and then given the user has custody of their funds in a wallet then the order matching can occur after they have submitted their order
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.