Quote from: stormingj on August 09, 2017, 03:25:34 PM

Always excited to see more competition and innovation for decentralized exchanges

Oh hey stormingj! I remember you from the Blocknet slack. Always nice to have a cross-team conversation!

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That's not really decentralized, is it?

Yeah, we are highlighting this property everywhere in our marketing materials. It still has a server to match the orders, but it's much more secure than current centralized approaches. The word "decentralized" is so overused and abused right now. The community doesn't want decentralization, it wants security first. Decentralization comes after it.

For what it's worth, we could claim that it's still decentralized in a sense that passive funds are stored in a decentralized manner, or in a sense that we'd have more than one server (and some startups do exactly that), but we don't want any confusion over it or misleading statements. So "distributed" it is.

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Blocknet has working and verifiable atomic swaps functioning already.

Yeah, I know, on testnet, not production-ready, without a UI, without users, without any external code review for vulnerabilities. Listen, as I said both in the video and the paper, your path (atomic swaps) is the best right now and it certainly trumps DEXes outright lying about decentralization. But when are you going to release it already? The only problem I have with you is timing (you're working on it since 2014). And the community needs a more secure solution right now.

And if you will not make your DEX release in half a year, we are just going to do it ourselves and connect atomic swaps functionality to Tomorrow Exchange as an option. And we're not stealing anything, because the atomic swaps algorithm does not belong to Blocknet, it was proposed long before it.

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but your whitepaper seems (at least in places) poorly researched

All feedback is welcome. How's your white paper going by the way?