Thanks for sharing

Thank you all for your responses. My team is working on an exchange, payment gateway and an ICO platform focusing on what users think is important, not what we think is important. Please have trust that your responses and time will have an impact on our product. The exchange is going to be live at http://clabits.com. Right now there's nothing there, we're expecting to launch beta in a couple of months. We'll keep you guys posted and will keep requesting feedback.

Let's shape the crypto space as a community and responsibly!

Thank you for the info.

Thank you for your response. Love your ICO idea and site!

Historically exchanges have invested less time and resources in security promoting the common understanding that only cold wallets are secure. I'm pretty sure that a combination of following technologies can make exchanges/wallets hack-proof:

• 2-factor authentication
• OAuth2 and OpenID Connect
• Microservices
• Transport level encryption
• The biggest one: Distributed messages between services like pub/sub (Google Pub/Sub, Microsoft Service Bus, Apache Kafka, etc.) This will make sure that the wallet cluster has no inbound port and is not DNS routable.
   It one sends signed transactions to a full node and that's all communication it can do. Then we won't need cold wallets limiting functionality. I believe cold wallet trade-off is keeping crypto-currency behind.
• OAuth2 and OpenID Connect

Let me know your take on it.

Working on a next-gen exchange. Need some community feedback. Please note that:

• I haven't added mandatory things here, e.g. security
• Some options are mutually exclusive, e.g. Anonymity & KYC/AML