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 
-
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
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
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.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Everything you are describing here is exactly what
@XSNofficial have and are doing with their Lightning DEX, you should really check it out. The advances they have made on#LightningNetwork are quite staggering like their Lightning Swap tech:https://link.medium.com/QpiNTR8Sp2Thanks. 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.