Post
Topic
Board Project Development
Re: RubyKube - Create your own exchange with open-source (not an ICO)
by
pinkflower
on 16/09/2018, 04:27:10 UTC
But why would an open source crypto exchange attract users? What would be the advantages?

The only advantage I can think of with an open source crypto exchange code is the potential community, if there is one. The community can help address bugs and increase security.
This is also a potential disadvantage. With an open source code, a potential attacker could go through the code, find and exploit bugs that haven't been addressed in time.
So, even though open source is generally a great thing to have, with crypto exchange code, I would be careful because the devs may not be good enough or the community not strong enough.
I'm not saying that's the case here as I don't know RubyKube.

Propietary software can also be exploited and can be less secure than its open source counterparts. The best proof would be in operating systems, Windows is more exploitable than the open source Linux.