Post
Topic
Board Project Development
Re: Random Token Exchange. An idea.
by
Bitcoinmeetups.org
on 09/05/2020, 11:36:36 UTC
Will there be any parity in the total supply of tokens allowed for swap? I don't want to have 100 X tokens for my 100 Y tokens when the supply of X tokens is 10M and of Y tokens is 1B, right?

Will there be any minimum trading volume constraint for the tokens allowed? I don't want to have 100 freshly created X tokens for my 100 Y tokens which are into existence from 3 years and have $100K volume on other exchanges, right?

I can sense an interesting venture into your idea but it still needs so much refining to develop into something tangible.

In its basic form, anyone can send any token and you never know what you receive back. That is a good starting point because it's simple to implement and easy to understand. But after that it's also possible to make all kinds of variations and finetuning the parameters. I would just like to get something out there as quickly as possible and I estimate that it wouldn't take more than a few hours to write and deploy a contract like this, possibly a day or two.

No, you are slightly wrong. This is easy to develop into something tangible but it's true that the basic idea could be refined and altered in many ways afterwards.