I saw this post and decided I should come here to talk! We understand your concerns with Binances NDA (and lets be real - requiring thousands of dollars for a listing). Centralized exchanges were maybe necessary for the growth of cryptocurrency, but its time to regain control of this crazy train! Komodo Platforms BarterDEX Decentralized Exchange is being beta tested right now and Im part of the community outreach team. BarterDEX is a decentralized method of exchanging cryptocurrencies via
atomic-swap technology, without counterparty risk. Its completely free to use, open source, peer-to-peer, and minimal fees (<50% fees centralized exchanges, no double fees). BarterDEX uses
Noel Tiernans atomic swap protocol as a guide for its technology, offering users the most secure form of atomic swap trading available.
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BarterDEX protocol (
wp/
git) >>
The following requirements are necessary for an easy integration:
- bitcoin protocol
- CLTV (bip 65) support
- gettxout and importaddress rpc calls
- and 8 digits for one coin
What does a non-Bitcoin/zCash-protocol coin need to do to make atomic swaps possible on BarterDEX?
"the code to do all this is quite complicated and I assumed a bitcoin protocol coin, but it is possible to do the atomic swaps even if only 2of2 multisig is supported. So i guess a bitcoin protocol emulator for the subset of rpc calls that I use and at least a 2of2 multisig, but preferably CLTV mechanism to be able to handle both sides of the trade... this would require making changes to the existing barterDEX code, unless the bitcoin protocol emulator is really, really good and it actually works as a bitcoin protocol coin via rpc calls"
What do you think, Sia community? Lets make this happen!
This interesting proposition, I don't know what the developer thinks.