why support super slow ? why not accelerated for completion? will be bored waiting too long. if simpleDex is built with a smart contact. whether the exchange will significantly
Have you checked localbitcoins reddit thread? There are a lot of tickets with issues and average ticket resolution time is 7 days.
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Re: [ANN][Free month] | SimpleDex |Peer to peer cryptocurrency to fiat exchange
By the way, what is differences between Peer to peer and decentralized exchanges?
Hi. There is quite a big deference between P2P and decentralized exchanges. The difference lies in the orderbook existence, or absence. In a decentralized P2P exchange model, two actors can exchange assets directly between each other. In decentralized exchanges, traders (makers) put orders in an orderbook that will be matched by other traders (takers), after seeing these orders in a publicly available orderbook. Hope this helps
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Re: [ANN][Free month] | SimpleDex |Peer to peer cryptocurrency to fiat exchange
This is an interesting project. More people are getting interested if will be able to accept fiat currencies. I am glad because the people are also waiting for more updates to this project just like me. It is because we believe in the great potential that ClickGem can make what it says for the benefits of the community and the people around here in the crypto world.
ClickGem??? Girlish style website. And there is no information about team members. Looks like scam.
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Re: [ANN][Free month] | SimpleDex |Peer to peer cryptocurrency to fiat exchange
I would like more details about the project. The developers told what they want to do, but they did not say how they would do it. Yes, there are problems, I want to create a perfect exchange system, also, so that there are no problems with the transfer to FIAT.
Agreed. Need more details.
Yes, of course, were developing peer to peer platform for exchanging cryptocurrencies to real money via escrow based on Ethereums smart contracts. The smart contract allows users to safely exchange ether with one another. Smart contract works as a third address that holds money until buyer of ETH sends money to seller of ETH. It could be any possible way to send money from one person to another like: card to card, SEPA, bank transfer and etc. Technically SimpleDEX would consist of two main parts: web view part for storing, editing and viewing orders (intent to buy) and blockchain part for validating exchanges and transferring assets. The main working principle of this platform is end2end encryption: all the requests for transferring assets are signed on fronted and checked only on blockchain. So, web view part and thats why SimpleDEX operation team wouldnt have access to your keys.
Did we answer your question?
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BoardAnnouncements (Altcoins)
Re: [ANN][Free month] | SimpleDex |Peer to peer cryptocurrency to fiat exchange
I would like more details about the project. The developers told what they want to do, but they did not say how they would do it. Yes, there are problems, I want to create a perfect exchange system, also, so that there are no problems with the transfer to FIAT.
Yes, of course, were developing peer to peer platform for exchanging cryptocurrencies to real money via escrow based on Ethereums smart contracts. The smart contract allows users to safely exchange ether with one another. Smart contract works as a third address that holds money until buyer of ETH sends money to seller of ETH. It could be any possible way to send money from one person to another like: card to card, SEPA, bank transfer and etc. Technically SimpleDEX would consist of two main parts: web view part for storing, editing and viewing orders (intent to buy) and blockchain part for validating exchanges and transferring assets. The main working principle of this platform is end2end encryption: all the requests for transferring assets are signed on fronted and checked only on blockchain. So, web view part and thats why SimpleDEX operation team wouldnt have access to your keys. Did we answer your question?
Is it like etherdelta or localbitcoin? I didn't get if it's DEX or peer to peer exchange?
Peer to peer exchange and Decentralized exchange confuse most people. In first phase of platform development we are planning to release peer to peer exchange.
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Re: [ANN][Free month] | SimpleDex |Peer to peer cryptocurrency to fiat exchange
What can I say 'Oh! No! Not another DEX' .Who is the escrow in this dex and how do we know it can be trusted not to mess things up and how do we get it sorted when (not if) there are problems. My dealings with dex exchanges has not been good, they tend to be slow, slower than they should be, and it took me several days to get a stuck transaction sorted the last time I used a dex.
I'm all in favour of decentralised exchanges but they tend to be a bit 'messy' to use and don't inspire me with much confidence.
Which dex services did you use? Escrow will be developed on blockchain, so there won't be any middleman.
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Re: [ANN][Free month] | SimpleDex |Peer to peer cryptocurrency to fiat exchange