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Author Topic: Decentralized exchanges  (Read 686 times)
PhilipMorris (OP)
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December 22, 2014, 07:38:55 PM
 #1

I was wondering if there are any decentralized bitcoin/altcoin exchanges live yet. Ive found this site, https://bitsquare.io/, does anyone know if it is trusted/legit?
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December 22, 2014, 08:10:02 PM
 #2

something like that?

http://www.coindesk.com/coinffeine-demonstrates-distributed-p2p-bitcoin-exchange-platform/

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December 22, 2014, 09:18:59 PM
 #3

Not to sure about fiat to BTC and back, but there are definitely some interesting projects working on decentralised exchange of altcoins.  Qora, Burst and a few other altcoins are working on AT, but it's difficult to predict if or when this method will find a home within BTC itself.  You'll be able to jump from one blockchain to another without buying or selling on centralised exchanges.

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December 22, 2014, 10:41:05 PM
 #4

my exchange CoinChimp is basically decentralized

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December 23, 2014, 02:41:05 AM
 #5

Haven't specifically talked about it, but I'm pretty sure there are few Decentralized exchanges out there.

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December 23, 2014, 02:49:15 AM
 #6

coinfeinne is the great alternative
they are going to start the beta test phase soon
it is so exciting  Cheesy
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December 23, 2014, 02:55:19 AM
 #7

has someone tested bitsquare?
it looks they are already running.

coinfeinne is a solid future project, I am looking the project really close because it can change the bitcoin world as we know it now
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December 23, 2014, 02:58:38 AM
 #8

my exchange CoinChimp is basically decentralized

What do you mean by basically decentralized? What is the link for it?
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December 23, 2014, 04:20:33 AM
 #9

It is really not possible to have a truly decentralized altcoin exchange. There are simply not enough volume for altcoins for this to be possible on any large scale. Plus any decentralized exchange would need to involve one person sending funds to the other first which would result in the potential for scamming

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