Quote from: X-ray on November 12, 2019, 07:20:45 AM

Quote from: nanaimogold on November 11, 2019, 11:20:29 PM

Quote from: rosezionjohn on November 11, 2019, 03:06:44 PM

I thought I was seeing a lot of shits flying around in your website. It took me a few seconds to realize that they're supposed to be jellies Cheesy

Quote from: weidex on November 11, 2019, 02:48:51 PM

We start with Bitcoin, Ethereum and Tron.

I only see Eth and Trx as options, there's no Bitcoin as you mentioned.
Can you also explain to us how your service is different than what Changelly is already offering?

I would like to ask also if we can connect wallet at the same time? Metamask for Eth and Tronlink for Trx for example.

I was about to mention changelly and even shape-shifting. Because thats kind of the services being offered by enjin or imToken2.0. So i dont think the OPs idea is unique perhaps its offered in a different way. I have seen some other swap projects like swapzilla springing up to offer same services too

Well he just elaborate this matter right up there and he is saying that this service didnt involve third parties which basically means that its a trustless service. As I can grasp from the explanation it is basically a p2p exchange with extra steps( Huh

) because transaction will be executed when the required amount meet its criteria for each side while shapeshift is basically an exchange but a lot more simpler just for temporary exchange or urgent matters. Sounds interesting actually if it works just like what I grasped. What baffles me is the availability of the liquidity provider? Is the liquidity provided by the exchange or rely on an individual?

In the beginning we will be the liquidity provider.
Then we will involve group of trusted LPs.
Then anyone with personal computer can be a LP.

How does this work?

1 There is a nodejs script, it is connected with js rpc library to all of the supported blockchains.
2 The LP run this script on his own machine - configure for a given pair, add his wallet and start the script.
3 When someone locks funds and the receiver is the LP => liquidity provider locks funds as well
4 The swap is finalized

The whole process is trustless and depends on blockchain events - cannot be corrupted.

The taker/ user, do not care about these liquidity providers.
He has a pool of them and has instant liquidity.
When he/she wants to swap - the best rate is selected and he/she just clicks swap.

You can read more here:
https://jelly.market/documents/Jelly-Swap-Ecosystem.pdf