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Author Topic: MtGOX: why not LMAX?  (Read 857 times)
Draino (OP)
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April 11, 2013, 03:48:07 AM
 #1

So, someone pointed this out on a reddit thread about how terrible gox is, but this trading platform would seem to offer what gox needs..
http://martinfowler.com/articles/lmax.html

have they considered this?  has magical tux really not googled "open source trading platforms" to see if that problem has been solved already?

maybe its harder to see around giant piles of cash than I imagine, or maybe there's something else I'm not seeing
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vleroybrown
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April 11, 2013, 07:50:40 AM
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To take it further, why should any infrastructure of Bitcoin be based differently than the dynamically fashioned cryptocurrency itself?  The concept of Bitcoin should allow markets to stay ahead of rules or limitations.  The trading platform itself should be p2p, open stack, scalable open source based, git script installed for anyone to develop and input ideas for maximine transparency of what any iteration is doing to tie in to friendly governed current currency exchange markets. Open markets has to be the order from the top to the bottom or this concept is going to be limited in its potential. Anybody who can't just jump into Bitcoin in 5 minutes with 5 dollars to make commerce happen anywhere, anyplace will take the path of least resistance opting for cash or its equivalent. Come on, we have to think open, free, not evil, no greed, this and only this thinking will give this concept the best chance to change a very fucked up financial system. It deserves everybody understanding what money is, and that is Abstract, a means to an end, make the system pay, society doesn't have too any more!  Seriously, is it just me that doesn't want to see the world after 50 more years of only fiat based central banking systems, fractional reserve ponzi scheming bullshit, that mercilessly punishes the 99%ers who pass information freely over a network built to free knowledge and information!  Wake the Fuck up already, the banks were bailed out, despite a resounding democratic cry of No! Big Brother is not your Mom, be bad for once! 
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April 11, 2013, 08:07:35 AM
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a p2p trading platform would be great, but the problem is that an exchange requires transfer of fiat. Ripple is the closest I can think of to solving that problem.
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April 11, 2013, 09:04:24 AM
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What I meant was B2B with a open stack node type arraignment, and transperant so that arbitage would not happen since they would be linked.   
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