Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Rotator on March 05, 2016, 03:00:25 PM



Title: Decentralized exchange?
Post by: Rotator on March 05, 2016, 03:00:25 PM
I have found many talks about decentralized exchanges? Are there any working at the moment?
Almost every new coin promising this in their OP.

Please if you answer give me references and links.


Title: Re: Decentralized exchange?
Post by: BTSwolf on March 05, 2016, 03:46:24 PM
Try it out yourself. It`s free.
Just choose an Accountname + Password
https://t.co/Nvn1vcblVH

Whitepapers: http://docs.bitshares.eu/bitshares/papers/index.html (http://docs.bitshares.eu/bitshares/papers/index.html)

btswolf.com (http://btswolf.com)

https://i.imgur.com/7lmsjHB.png (https://t.co/Nvn1vcblVH)


Title: Re: Decentralized exchange?
Post by: Rotator on March 06, 2016, 01:46:07 PM
Try it out yourself. It`s free.
Just choose an Accountname + Password
https://t.co/Nvn1vcblVH
com/7lmsjHB.png[/img][/url]
Do you have open topic on Bitcointalk? If you are serious with this you must share this with
 other users of this forum, then we all can see few reviews from more experienced members.

This way i don't know what to think, and i don't like strange web links..
What others think about this?


Title: Re: Decentralized exchange?
Post by: Bisha on March 06, 2016, 01:50:30 PM
Try it out yourself. It`s free.
Just choose an Accountname + Password
https://t.co/Nvn1vcblVH
com/7lmsjHB.png[/img][/url]
Do you have open topic on Bitcointalk? If you are serious with this you must share this with
 other users of this forum, then we all can see few reviews from more experienced members.

This way i don't know what to think, and i don't like strange web links..
What others think about this?

It's OpenLedger, you can search about it

https://openledger.info/
http://www.forbes.com/sites/rogeraitken/2015/10/10/openledgers-crypto-financial-platform-officially-launching-as-central-bank-interest-revealed/#4710f2e6212a
https://www.youtube.com/channel/UCZHkjzM5Vp5RH0H_XGBtS0g
https://www.youtube.com/watch?v=4rMw_r_g73c


http://bitcoinvestor.net/wp-content/uploads/2015/12/%E3%82%B9%E3%82%AF%E3%83%AA%E3%83%BC%E3%83%B3%E3%82%B7%E3%83%A7%E3%83%83%E3%83%88-2015-12-03-17.26.35.png


Title: Re: Decentralized exchange?
Post by: Marc De Mesel on March 06, 2016, 02:25:59 PM
Nxt has fully decentralised exchange since middle 2014, was first and has the most assets.

Here you can see overview of all assets traded on decentralized exchanges, ranked by market cap:
https://coinmarketcap.com/assets/


Note that counterparty and omni are decentralised exchanges but because they are build on bitcoin protocol (slow and expensive) they end up being not very practical for trading, just launching. Their assets are mostly traded on centralized exchanges like poloniex, in contrast assets quoted on nxt in many cases also have their highest trading volume there without counterparty risk.


You can try Nxt, and it's decentralised exchange, via the demo client:
https://nxt.org/demo/

Or access just the exchange via this webinterface made by Jay:
http://jnxt.org/jayex/?12071612744977229797




Title: Re: Decentralized exchange?
Post by: box0211 on March 06, 2016, 06:00:18 PM
nxt has the most activity out of all the decentralized exchanges.

keep in mind they don't have millions in marketing and most of it was done organically via word of mouth.


Title: Re: Decentralized exchange?
Post by: sadface on March 06, 2016, 06:53:47 PM
the nxt asset exchange is not in the best place right now. a lot of assets are losing value due to the 2.0 proposal. unless you can convince nxt holders that their return will be greater than what they expect from 2.0, i don't believe you will be able to raise significant amounts of funds there. if you want to issue an asset do it via http://nxtcrowd.fund/. its a centralized gateway for nxt assets to tap into btc liquidity. you'd probably have to contact coinomat on the nxtforum.


Title: Re: Decentralized exchange?
Post by: box0214 on March 07, 2016, 03:42:18 AM
right now these decentralized exchanges are still very very new.


Title: Re: Decentralized exchange?
Post by: Marc De Mesel on March 07, 2016, 06:33:19 AM
nxt has the most activity out of all the decentralized exchanges.

and slower blocktimes

but they are trying to launch NXT2.0 so that they can be faster and more scalable like BitShares2.0

Because when you push the button, how long do you want to wait?


Well, if we are going to compare  ;D

A decentralized exchange means for me that the validation of the transactions happens in a decentralized way.

I understand that bitshares put a limit on the amount of people that can validate transactions, 100, and even implemented a human voting process that decides who those 100 are, correct?

In this case the validation of transactions is prone to hijacking by a select few.


It's easy to have faster transactions if you sacrifice decentralization.

I think Nxt is fast enough to do trades, it's 1 minute max for your transaction to be validated, yet anyone that owns coins can validate transactions, not a select few.  ;)


Title: Re: Decentralized exchange?
Post by: Rotator on March 07, 2016, 07:11:07 PM
https://openledger.info/
http://www.forbes.com/sites/rogeraitken/2015/10/10/openledgers-crypto-financial-platform-officially-launching-as-central-bank-interest-revealed/#4710f2e6212a
https://www.youtube.com/channel/UCZHkjzM5Vp5RH0H_XGBtS0g
https://www.youtube.com/watch?v=4rMw_r_g73c
This is really good i didn't know this even exists.
I have found more Youtube videos but need some more time for learning.
Have only experience only with centralized exchanges..I will try it
Thanks.

Is there any other exchange? Which is better?
Whats are your experience?


Title: Re: Decentralized exchange?
Post by: Bisha on March 08, 2016, 05:56:52 PM
https://openledger.info/
http://www.forbes.com/sites/rogeraitken/2015/10/10/openledgers-crypto-financial-platform-officially-launching-as-central-bank-interest-revealed/#4710f2e6212a
https://www.youtube.com/channel/UCZHkjzM5Vp5RH0H_XGBtS0g
https://www.youtube.com/watch?v=4rMw_r_g73c
This is really good i didn't know this even exists.
I have found more Youtube videos but need some more time for learning.
Have only experience only with centralized exchanges..I will try it
Thanks.

Is there any other exchange? Which is better?
Whats are your experience?

At the moment I only use that one but there are more  :) do an account, try it out.

You can also try the public test net just to figure how things work out first http://testnet.bitshares.eu/ you will have some tokens from the faucet even though they have no real world value, it's only to experiment with.


You also have Bitsquare and Coffeine decentralized exchanges


Title: Re: Decentralized exchange?
Post by: mr001 on March 08, 2016, 06:18:18 PM
My favor decentralized exchange is NXT. :P


Title: Re: Decentralized exchange?
Post by: box0214 on March 08, 2016, 07:01:18 PM
My favor decentralized exchange is NXT. :P

have you tried other exchanges?  and why not?