Re: [ANN][Blocknet] The internet of blockchains / XBridge / true cross-chain P2P
If, despite this, it's still an issue, there are lots of bot algorithms that can drive up volume and/or reduce the spread. These sorts of market maker bots - or, for that matter, regular ol' human scalpers would remove the problem.
Finally, the Blocknet will support an entire economy of services; liquidity will be, at best, an initial problem.
the same market maker bots are working currently on all exchanges (i ran one on polo) and they dont solve the slippage problem.
why do you think that this would be better with your p2p-exchange?
seriously: i dont want to downtalk your project. i just want to see if it is useful (atm i dont think so: but PLEASE convince me
If exchanges are useful to you (and by the sound of things they are) then why would the Blocknet somehow not be useful, especially if it massively increases usage of coins, thereby reducing slippage?
Also, the slippage problem only applies to transactions above a certain size. Microtransactions for services won't be affected.
So *even* if the Blocknet doesn't increase volume and liquidity, there's still no problem for microtransactions (i.e. service fees).