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June 15, 2011, 03:09:57 PM |
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In the light of MtGox being, um, not so stable these days, I'm thinking of making a new exchange.
However, here comes the issue of trust. There are already a number of topics about the credibility of new exchanges which sprung up lately.
My proposed solution to this problem is transparency - an exchange where the ongoing transactions are anonymized and then published in an externally audited database.
The question is, what is better? completely opaque and anonymous (may feel more 'secure' to someone), transparent to some degree (e.g. with names and credentials replaced by salted SHA256), or totally transparent (even with public deposit/withdraw details) exchange?
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