Post
Topic
Board Marketplace (Altcoins)
Merits 1 from 1 user
Topic OP
FiatDex v2: An anonymous and trustless fiat to crypto exchange with no 3rd party
by
happypsyduck
on 10/06/2020, 19:08:21 UTC
⭐ Merited by Ratimov (1)

FiatDex Protocol v2
Website: https://happypsyduck.github.io/fiatdex-gateway
GitHub Source: https://github.com/happypsyduck/fiatdex-gateway
Telegram: https://t.me/joinchat/LKOC7hNpttszh22G6lEfyg

A decentralized and anonymous fiat to crypto trustless swap process to trade fiat for DAI stablecoin without using a third party.

FiatDex is crypto to fiat decentralized protocol that uses the risk of collateral loss to force traders to cooperate in fiat to DAI swap. There are no 3rd parties or middle-man arbitrators. No need for reputation systems or identity checks. Users can exchange fiat for crypto anonymously and without going through a centralized gateway. The only requirement is that both traders have some DAI to start with as that will be used as collateral. This protocol is not designed for those without any crypto, but for rather, those seeking more (or needing fiat) without wanting to use a 3rd party.

Please read the whitepaper to learn more about the swap process and the technical details:
https://happypsyduck.github.io/fiatdex-gateway/whitepaper.pdf

All feedback is welcomed.