Post
Topic
Board Development & Technical Discussion
Re: Atomic swap? Objection: I don't think it means decentralized coin exchange.
by
kernighan
on 13/11/2017, 10:54:12 UTC
We are hearing a lot about atomic swap (= cross chain transaction processing), specially in the past few weeks.

From a theoretical point of view, I can confirm it is a good start for solving the most important problem in the crypto world nowadays: the need for a decentralized exchange, but I doubt it can be considered a solution or we are close enough.

My biggest concern is scalability, obviously, but there is other challenges as well. I was just wondering if anybody has been studying the subject before and can share her/his ideas with me?

Actually I have been through a very bad experience with a centralized exchange (Bittrex) lately and it has escalated my old anti-centralization sensitivities and allergies about exchanges  Wink.

So, I'm here now, determined to participate more actively (by means of coding, investing, whatever) in shutting the doors of these scammy businesses (bittrex, poloniex, ..., f*ex ) forever and I have a couple of lines of codes,  some coins and a few ideas to share.  Smiley





I saw an interview holding by jimmy song, he discussed with Ltd creator who also think we are at early stage of using this tech on decentralized exchange, probably we need a centralized engine to matching traction pairs first.

Btw you can check 0x also.