Post
Topic
Board Announcements (Altcoins)
Re: █ANN Credits CRD █with 2.0 DECENTRALIZED EXCHANGE+ANON+Market+MORE Peak July 2nd
by
CreditsCrd
on 11/09/2014, 22:32:10 UTC
well roughly explained what happens is that part of the sell/buy transactions will be done via the CRD blockchain, and unless both sides go trough the sell/buy transaction will not happen, once that went trough, those will be taken from the individual currency and then will be transferred to the individual user. i hope that makes it roughly understandable what the version 2.0 the exchange will be able to provide.



Have you heard of Nxts new multigateway? multigateway.org
Yes, And is it wallet based? At multigateway(which is web based btw) BTC is converted into an asset mgwBTC and then you're able to buy stuff with them.
While in the Credits Ecosystem, you'll be able to purchase coins directly from the wallet just like you're buying at centralized exchanges atm.( At the market prices)
Also you will be able sell your products directly in the wallet through the marketplace.
If you're interested in a promotion, please check this out - https://bitcointalk.org/index.php?topic=765255.0 .

how are the actually trades made inside the wallet? is it a centralised process or have you designed something along the lines of multigateway?(which isnt centralised and far more trust worthy than any centralised exchange in existance)

if your client merely interfaces with a centralised exchange then multigateway is instantly far superior technology..