makes me wish i bought more
Now that I have a little bit more understanding of how the DEX works, I am not really that bullish on this project anymore.
The way I understand it, it requires everyone to download the full blockchain of each coin they want to trade. How inconvenient... If that stays a requirement, then I'm not sure how big this can get (as far as volume/liquidity on the exchange).
Dan said he will be working to address this.
Yes, and there's no need to adopt a less decentralised architecture to achieve this.
We simply need to adopt Satoshi Nakomoto's SPV concept.
Practically, SPV nodes compiled into a multiwallet would be ideal.
And we'd not need to build a multiwallet ourselves; we'd just need to integrate to an existing one like Jaxx or Exodus.
That way, you could use our architecture
in an identical way, without having to download entire blockchains.
Just give the users the option to query chainz. It is after all their security in their own hands. And I trust chainz enough... especially if you
get 2 other decent block explorers it can poll.