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Author Topic: [ANN][OAX] openANX - Real World Application of Decentralized Exchanges  (Read 126976 times)
khufuking
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August 21, 2018, 05:37:35 PM
 #2141

Just saw on your twitter that you guys added another team member, great addition guys and it is amazing to expand team while the project itself got bigger. I love how active are OAX team is. Here is the article https://medium.com/@OAX_Foundation/welcome-to-wayland-88ac4a423c88

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1569272445
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bitvoyager
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August 23, 2018, 02:16:12 PM
 #2142




Decentralized Application Messaging with Whisper

Whisper, a communications protocol that allows orders to be broadcast right across the Ethereum blockchain,
will be used on the OAX platform. It makes the OAX project truly decentralized and distinct from other platforms.

This is Part 1 in a series of articles on Whisper, Ehtereum’s inter-application communication protocol. In this article,
we cover the principles and use cases of Whisper. We will dive into practical examples in Part 2, and share some tricks
we have learned from using Whisper in a decentralized exchange project we have been working on.

Read the full article:
https://blog.enuma.io/update/2018/08/08/decentralized-application-messaging-with-whisper.html

Check the presentation about OAX Foundation and the project:
https://www.oax.org/assets/brochure/OAX_Brochure_ENU_V2.0.pdf

bitvoyager
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August 30, 2018, 08:08:18 PM
 #2143

I hope am not late, I just got to know about this project bounty. Let me check the tasks that I can afford to do

Hi Adebits. You can check the OAX Bounty program here:
https://bitcointalk.org/index.php?topic=1947373.0

 

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September 02, 2018, 09:28:19 PM
 #2144

So promising project and the project will be the one of the bests
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September 02, 2018, 09:43:51 PM
 #2145

So promising project and the project will be the one of the bests
This project has a chance to become the best decentralized exchange in the world. There is already a prototype of the exchange, and it's really good. https://dex.demo.oax.org/

JohnDoe3490
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September 03, 2018, 04:49:56 AM
 #2146

bounty campaign will be join and contribute to oax prpject 👏👏

This is a new innovation, and OAX is an excellent and reliable project!I am very happy to participate in a project with such a professional team.
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September 03, 2018, 05:08:59 AM
 #2147

https://cdn-images-1.medium.com/max/800/1*idrfYCqabUgZyYRTiCBhng.jpeg


Responding to the Decentralized Exchange Challenge

By Paul Li, General Counsel, OAX Foundation


Yesterday I gave a presentation at the Finwise Summit in Hong Kong. Billed as one of China’s most influential blockchain events, it aims to strengthen collaboration between different parts of the industry and so promote its long-term development. Last year nearly 10,000 people attended when it was held in Shanghai and Macau, with many more participating online. It’s not only an important event for us to be seen at, but it also really puts us in touch with crypto market industry influencers.

The morning session alone featured speeches by representatives from the world of politics (a member of Hong Kong’s Legislative Council), financial services (a senior representative from Zurich Insurance) and professional services (partner and head of CIO Advisory at KPMG). My presentation built on the speech I gave to the Law Society of Hong Kong back in June, and focused on the regulatory challenges involved in the different and developing models of cryptocurrency trading.

As you might recall, I used that opportunity to explain how I thought all participants — including regulators, lawyers and the traders themselves — need to rethink their approach not only to digital assets, but to the very nature of the transactions themselves. Today, I was able to expand on that argument and explain in some detail the features of digital assets and the market itself which make them different from any other asset class that’s previously been regulated. This is an important point because it means there is no precedent or existing model to guide the regulatory approach.

I was also able to describe the inherent contradiction that a decentralized asset typically trades on a centralized rather than a decentralized exchange. This is unsurprising, given that with the centralized model, the individuals who are trading give up control of their assets to the exchange, who hold the assets on their behalf. But digital assets are meant to be about disintermediation — each user taking control of their own assets personally without the need for or reliance on any third party.

Added to this situation is the fact that it is the centralized exchange model on which regulatory focus has been placed. The regulatory focus has always followed the traditional pattern of putting responsibility on intermediaries. Now in a decentralized world, when you trade digital assets p2p, there are no intermediaries — so what then?

In my speech I described a number of potential scenarios — banning p2p trading (or ‘wallet to wallet’) outright, taking a light touch approach that removes any oversight, and regulation of every end user involved. Each of these has its shortcomings and a more nuanced option would seem to be the best way to go. However regulation pans out, the speed at which the industry is evolving means that within a year it’s likely that any regulatory response based on the market as it currently is will already be out of date.

Events like Finwise are important. They allow us to engage with the community and provide education to the broader public. I know for a fact that regulators the world over are acutely aware of the challenges they face and are actively working to find ways to balance the need for effective regulation with the need to encourage an industry that can bring many benefits. Our role at the OAX Foundation is to help them — and the wider community — do just that and create a safe, transparent and truly decentralized cryptocurrency ecosystem.

The original article on Medium:
https://medium.com/@OAX_Foundation/responding-to-the-decentralized-exchange-challenge-2e42c828bf3b

The official site: https://www.oax.org/en



the development of this platform is very good, it is proven that the team's performance is very remarkable and successfully passed the token sales. this platform gives a lot of information to the community, this is a good communication that will give a smile to the users or investors of this platform.
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September 03, 2018, 09:28:11 AM
 #2148

i am very proud to support OAX , this project seem one of the best
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September 03, 2018, 09:36:54 AM
 #2149

Even though it little old update on the presentation of OAX but very relevant even for toady. Cryptocurrencies are still facing unseen issues with regulators and various institutes. As it was pointed out in the presentation why decentralized is the future and demand for it will increase in future. OAX is building a good alternative of centralized exchanges and tokens are very cheap for the moment.


OOOBTC.com




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bitvoyager
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September 04, 2018, 07:57:46 AM
 #2150




A Day with a VIP Discussing Our “Awesome” Work


Our partner Enuma Technologies hosted a blockchain VIP in their offices this week. Dr Patrick McCorry was the UK’s first PhD graduate in cryptocurrencies and has just been appointed an Assistant Professor at King’s College London. He is part of the team behind the Sprites technology that makes the OAX decentralized exchange platform different to all the others.

Patrick met with the Enuma team and Wayland Chan, the new Director of Technology at OAX Foundation, discussing the Sprites implementation on the OAX platform and sharing his views on why it’s so significant.

As we’ve described before, one of the main benefit of Sprites will be increased speed, finally making decentralized platforms able to cope with the transaction volume needed for a successful digital asset trading system. Patrick gave us some more insight into that.

In the pre-Sprites world, time delays are inevitable because dispute resolutions are happening on the blockchain. This means that whenever there’s a dispute between individuals, the entire chain is held up while it’s resolved. Imagine it as a roomful of people. In current systems, if two people disagree on a transaction, they ask the others in the room one by one to verify the facts. The more people in the room, the longer that takes. You can see how this is a real problem if digital asset trading is ever to become mainstream.

Sprites presents an innovative solution to dispute resolution when multiple state channel paths are involved; that results in a drastic reduction in the time collateral is locked up. The second improvement that Sprites offers over traditional state channels is the ability to do partial deposits and withdrawals throughout the lifespan of the channel without interrupting normal operation.

The OAX DEX platform is one of the first real world applications of Sprites, and when asked how it feels to see Enuma implementing it, Patrick said it was “awesome.” He gets emails all the time from people wanting to use Sprites in their projects, but Enuma and the OAX project stand out because we’re taking it seriously.

And he’s right — we’re serious about the project and our commitment to making digital asset trading accessible, transparent and safe for all. Sprites is a critical part of that, so it was truly inspirational to have Patrick with us in Hong Kong and hear his enthusiasm for what we’re doing!


The full article on Medium:
https://medium.com/@OAX_Foundation/a-day-with-a-vip-discussing-our-awesome-work-490519b7911c

The official site: https://www.oax.org/en

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September 06, 2018, 08:38:07 AM
Last edit: September 06, 2018, 11:50:19 AM by bitvoyager
 #2151




LATOKEN lists OAX

The announcement: https://latoken.zendesk.com/hc/en-us/articles/360015341972-LATOKEN-lists-OAX-OAX-

OAX on LATOKEN: https://wallet.latoken.com/market/Crypto/ETH/OAX-ETH

OAX on Coinmarketcap: https://coinmarketcap.com/currencies/oax/#charts

The official OAX site: https://www.oax.org/en

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September 06, 2018, 05:23:34 PM
 #2152

Listing of course is good, but now much more important news on the launch of the oax exchange and around this exchange is now quite enough. Smiley

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bitvoyager
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September 09, 2018, 05:32:30 PM
 #2153




ETHIS 2018 | Ethereum Industry Summit - Scalability and Industry Integration

The OAX team would like to thank all of you for coming to meet us and we're very excited to have shared our project to so many of you!
It's been a fantastic day here at ETHIS HK 2018 and we look forward to seeing you all soon!

https://ethis.io/

The official site: https://www.oax.org/en/

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September 12, 2018, 07:31:35 AM
 #2154

The very good project, a campaign to attract more rewards participants. I will follow and support the project. Wish success!
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September 14, 2018, 12:06:17 PM
 #2155




Our Top Tips for Staying Secure

This adage is well known to investors in stock markets, but it’s worth bearing in mind in life generally — and especially when doing anything online. Scams have evolved fast to embrace digital, and unfortunately as a result we’re seeing increasing levels of fraud involving crypto markets and cryptocurrency products.

So it’s hardly surprising that the majority of people searching for advice about scams on the website of the UK’s Financial Conduct Authority are looking for help with digital assets. Scammers use social media to advertise their schemes, and even sometimes fake investment recommendations from famous business people or celebrities.

But of course social media is also used by legitimate firms like ours to update the community on their projects. So it can be hard to know what’s genuine and what’s not.

At OAX Foundation, we want to make sure everyone interested in the work we do keeps themselves as secure as possible from scams. We’re also all about promoting a safe and secure digital asset trading ecosystem. So here are our top four tips for staying safe and avoiding the scams:

1. Watch out for unverified social media accounts.

Always check that the links are verified by the company. For example, OAX’s official social accounts are these:

Website: www.oax.org
Twitter: twitter.com/OAX_Foundation
Medium: medium.com/@OAX_Foundation
Telegram: t.me/openanxteam and t.me/oaxcnt
Slack: openanx.slack.com
QQ: 651355919

2. Watch out for anyone promising high returns on digital asset trading.

Always be wary if you’re pressured to invest quickly or promised returns that sound too good to be true — they probably are!

3. Do research on the company and examine its background.

Make sure that the projects a digital asset claims to support are actually in existence. Whitepapers (like ours here) and project updates (like this one) will show you that the company actually does what it claims to do, and isn’t out to scam you.

4. Think twice and don’t be rushed into make an investment decision.

A genuine bank or financial organization won’t force you to make a financial transaction on the spot.


At OAX Foundation, we’re building a platform to offer a transparent, secure and fast way for everyone to trade digital assets.

The original article on Medium:
https://medium.com/@OAX_Foundation/our-top-tips-for-staying-secure-4dd0c35024fd

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September 16, 2018, 02:58:28 PM
 #2156

From the developers I would like more news is good and different and something like that quietly everyone is waiting for encouraging news. Smiley

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September 18, 2018, 03:08:54 PM
 #2157

OAX working on are off chain atomic swaps using payment channels https://medium.com/@OAX_Foundation/tl-dr-atomic-swaps-cross-chain-swaps-on-chain-off-chain-f428512e1d2a

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Nick808
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September 18, 2018, 03:26:45 PM
 #2158


probably one of the most underestimated projects in the cryptoworld. when everything is fully functioning it will be an excellent project that will bring a lot of profit and profit. the main thing is to launch the advertising program with the main launch.
davide72
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September 19, 2018, 10:36:07 AM
 #2159


probably one of the most underestimated projects in the cryptoworld. when everything is fully functioning it will be an excellent project that will bring a lot of profit and profit. the main thing is to launch the advertising program with the main launch.

Yes it is sad but this is how it works.

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X.C.A.R.DTM
.SEND AND RECEIVE MONEY.
.INSTANTLY, WITH NO........
.HIDDEN COSTS............

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.SPEND ANYWHERE,....
.ANY CRYPTOCURRENCY,.
.ANY PAYMENT CARD....

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IEO
Q4 2019

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Daltonik
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September 19, 2018, 04:30:20 PM
 #2160

Fully agree with you but still need to wait for the release of DEX OAX I think the cost of the token will be worthy. Smiley

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The 1st hypodeflationary currency
        ▄▄▄▄▄▄▄▄▄     ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄     ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
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