Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
camosoul
on 25/05/2014, 22:52:18 UTC
Why MintPal doesn't work?

another reason why NXT decentralised exchange and instantDEX will be the next killer thing!  Decentralized exchanges never go down and are trustless, so your coins are never our of your own wallet.  NXT provides solutions to problems at the heart of the crypto-currency movement.

I'm still trying to figure out how this claim is even possible. An exchange has to be run by somebody, somewhere. I have yet to be able to decentralize my physical body... Tell me how those developers have managed to become the ghost in the machine?

I guess you've been living under a rock.

The exchange works using similar principles Bitcoin..  at the core it's a decentralized order book (stored in its block chain) and allows for atomic transactions (order matching and etc).  You can go ask the NXT developers for the details yourself http://nxtforum.org

No, not living under a rock. Just don't see how it can work. Putting the order book in the coin doesn't have one damn thing to do with moving fiat into coin...