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1  Bitcoin / Project Development / [ANN] Coincer: The Decentralized Cryptocurrency Exchange on: September 16, 2015, 09:26:23 PM
I would like to announce a release of the first version of my decentralized cryptocurrency exchange project Coincer. Although version 0.0.1 is still more like an unstable preview running on testnets, it's already functional.

Coincer is decentralized by means of TierNolan's atomic protocol (just a bit enhanced). Announced version 0.0.1 still uses a central server to forward communication between users, but this is just a temporary solution. I'm already working on a P2P overlay that will fully replace it. This is something that no other similar project has offered so far.

Currently there is only a CLI available (see a demo), but GUI is of course planned too. Nonetheless, it's not that bad as you might think. ;c) Coincer doesn't connect to any cryptocurrency network itself, but relies on other clients (currently bitcoind-based RPC is supported). I also plan on publishing detailed specifications so that anyone could easily create an alternative client compatible with the rest of the network. Developing a network and protocols is my primary goal.

I will be grateful for your feedback. If you feel like supporting the development, I will be glad too. :c) My bitcoin address: 1DmvwcYUkRUbDdfe2dKVEkZJAY7Bwv9zy9

And the most important link: Download

Current version
Download version 0.0.5

Changes in 0.0.5:
  • encrypting all trading messages (using ChaCha20 stream cipher and Curve25519 keys)
  • automatic market exploration on startup
  • running also as a daemon
  • routing enhancements
  • switched from hop-based to time-based metric for building routes
  • mitigation of replay attacks
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