Looking for an elite coder (no pun intended) to help me create a new exchange

theminer (OP)

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Looking for an elite coder (no pun intended) to help me create a new exchange

January 27, 2017, 02:19:45 AM

Well the title says so.

Why?
Trading fees are ridiculous. 0.2% (most place) of the bitcoin price, is way too much.
You know they process the same "complexity" for an altcoin worth 90 times less.

My background:
Full Stack Developper. Running dozen of websites with recurring revenues. Financialy independant.
Don't know enough about the ins and outs of the blockchain to create it all on my own if I don't want it to be crappy.

Please insult me in PM if you feel like it, don't trash my thread.

Peace, Love and Bitcoins.

G

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franky1

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Re: Looking for an elite coder (no pun intended) to help me create a new exchange

January 27, 2017, 03:29:07 AM

when making an exchange.

1. if you are going to handle fiat. expect costs of running to be higher and alot of fiat compliance rules required.

2. never have a private key on the front end server. instead just have public keys attached to peoples accounts for deposit display.
and a database to store withdraw requests. which a separate remote system watches the withdrawal request database. to separately process withdrawals. thus mitigating any hackers from stealing keys from the front end server.

3. as an extra 2factor authentication. ask customers to supply a unused public key of their own. and then send the customer a random message to sign using their key(privately on their own wallet) and paste in the signature back to you as the 2factor response. this way only the customer can make requests.

meaning no passwords need to be stored on the front end server either. making the front end server just the GUI interface with nothing of value to grab.

man exchanges do not do this. which is the rookie mistake.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at

piloder

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Re: Looking for an elite coder (no pun intended) to help me create a new exchange

January 27, 2017, 03:44:16 AM

In the meantime you can also search for blockchain developer or trading platform developer here https://www.xbtfreelancer.com/
This is freelancing service platform for bitcoin niche.

theminer (OP)

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Re: Looking for an elite coder (no pun intended) to help me create a new exchange

January 27, 2017, 03:47:48 AM

Quote from: piloder on January 27, 2017, 03:44:16 AM

In the meantime you can also search for blockchain developer or trading platform developer here https://www.xbtfreelancer.com/
This is freelancing service platform for bitcoin niche.

terrific

Thanks a bunch!

G

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