Quote from: coinrevo on February 03, 2014, 09:33:23 AM

I've looked at this XCP thing. it doesn't have prices in the orders... why would I buy something at an unknown price? that's what an exchange does. its a price-machine so to speak. I mean this design is like a car that doesn't drive. its completely absurd.

at least they are not taking money for the dev upfront, so that's good.

Quote from: jaybny on February 03, 2014, 06:39:39 AM

I don't think anyone has even come up with a solution for a simple Decentralized limit order book. Seems to me that a Decentralized exchange can be gamed with common latency arbitrage / high frequency market making techniques..

yes. people designing an exchange should know what they are talking about. none of this stuff works, for quite obvious reasons. limit order book is a central datastructure like the blockchain. if you think about it bitcoin is de-central and central at the same time. blockchain is the ultimate central datastructure.

I haven't studied NXT at all, only looked the source code for 5 seconds. all current projects MSC, NXT, eth, have not considered much what an exchange is, in terms of price discovery and settlement.

What do you mean it doesn't have prices in the orders?

http://blockscan.com/order.aspx