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Re: Let's deploy free open-source crypto-exchange in 15 minutes
by
openware
on 02/01/2020, 09:46:57 UTC
Anyone who truly wants to run an exchange shouldn't touch those open source 'exchanges' at all.

Even if we assume that the author did not include an intentional vulnerability which wouldn't be found by a code review (which we shouldn't assume at all),
how would you think you'd handle occurring issues ? Outdated software, new vulnerabilities, etc.. ?

People who have the bankroll and want to run an exchange, get a customized software built for them for several 10k / 100k $.
People who don't have any clue at all, use free open source software. Then they either get hacked or lose funds because of other unforeseen issues.

Well, on the other hand anyone who goes for an open source exchange to run their platform as if it were just another WordPress site is probably better off that way than trying to cobble their own custom solution. Whether one should use such an exchange is a different question of course, but if one is not to be stopped from running an exchange of their own, using an open-source platform might be the lesser evil. Even without having looked at the code of this project I'm fairly certain crypto has seen worse exchanges in terms of security. Not that the bar has been set that high, unfortunately.

In our experience over the past years, the dreaded code vulnerabilities - the major blame, have not even been remotely close to the source of issue as the human factor.
When another exchange claims it "got hacked" it's just management tampering with the wallets, and that's about it.
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Board Development & Technical Discussion
Re: Let's deploy free open-source crypto-exchange in 15 minutes
by
openware
on 02/01/2020, 09:43:22 UTC
thank your for the project!but if i may ask why did you choose to make it as an open source project?

Thank you for the interest Smiley
We believe the open-source is the way to proceed, same as Blockchain's transparency.
But the major point is that you own your software, and are free to change it, unlike closed projects, where you have no idea if you are actually on a shared service or not and have no access to repositories, being hostage to the code provider.
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Re: Let's deploy free open-source crypto-exchange in 15 minutes
by
openware
on 28/12/2019, 04:36:30 UTC
Yes thank you - there are links to the tutorials in the very first post.
We also have a tutorial video on a channel, but it needs more final edits and tuning, will do after the holidays Smiley

Doing a video to explain how the whole platform works makes sense - I will see if we can do one.
You know how it goes - everyone loves coding, but when you ask guys to make a full documentation or a video, everybody running away Smiley
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Board Development & Technical Discussion
Re: Let's deploy free open-source crypto-exchange in 15 minutes
by
openware
on 25/12/2019, 19:20:42 UTC
Is this based on Rubykube software?  
The reason I ask is there is very few projects that use ruby for this type of thing and we have seen RubyKube in the past I wondered if this was based on that project?

Also running something like this takes a lot of skill and time, End of the day if people use it your dealing with customer funds and need to be aware of security processes to protect wallets and user data.  It's not something to just go out and start an exchange there are a lot of things a user should factor in.


*EDIT*

On further inspection this seems to be a clone of RubyKube's, MicroKube system I would advise anyone looking to use this to compare it to the ORIGINAL source as the author of this topic has failed to tell you this is a clone of RubyKube.

Link to original source : https://github.com/rubykube/microkube

We are the guys who did RubyKube  Grin
We call it OpenDAX now  Cool Kinda cooler, don't you think?

But yeah, technical stuff aside - you need a good business logic if you want to run a financial exchange platform.



Why did you change from RubyKube? 
It might be a good idea to state this in the main post or like I did people may think the projects are non-related.

I actually liked the name RubyKube was quite catchy. 

Anyway I wish you guys the best of luck with the project I did have a poke around your github and play about with RK in the past.

Yeah it was a nice name, but kinda wanted to grow. Maybe we'll do something funky with it.
It hasn't been updated in a while now, coz we moved forward to OpenDAX and stuff. Still nice to see people remember RubyKube!
Ah thank you so much!  Smiley
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Board Development & Technical Discussion
Re: Let's deploy free open-source crypto-exchange in 15 minutes
by
openware
on 25/12/2019, 19:12:39 UTC
Is this based on Rubykube software?  
The reason I ask is there is very few projects that use ruby for this type of thing and we have seen RubyKube in the past I wondered if this was based on that project?

Also running something like this takes a lot of skill and time, End of the day if people use it your dealing with customer funds and need to be aware of security processes to protect wallets and user data.  It's not something to just go out and start an exchange there are a lot of things a user should factor in.


*EDIT*

On further inspection this seems to be a clone of RubyKube's, MicroKube system I would advise anyone looking to use this to compare it to the ORIGINAL source as the author of this topic has failed to tell you this is a clone of RubyKube.

Link to original source : https://github.com/rubykube/microkube

We are the guys who did RubyKube  Grin

So we call it OpenDAX now Cool Kinda cooler, don't you think?

But yeah, technical stuff aside - you need a good business logic if you want to run a financial exchange platform.

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Board Development & Technical Discussion
Re: Let's deploy free open-source crypto-exchange in 15 minutes
by
openware
on 25/12/2019, 18:27:22 UTC
Interesting, but why use ruby instead of a typed language?  Smiley

A question of preference, really  Undecided

Ruby is elastic and dynamic, which is a good property to have for building gazillion plugins to support any blockchain and such.
That being said, for very important components we use Go, which is typed.
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Board Development & Technical Discussion
Re: Let's deploy free open-source crypto-exchange in 15 minutes
by
openware
on 23/12/2019, 14:25:02 UTC
So, now anyone can open an exchange? Or there's more to it than just the software? (Like, maybe all the wallets need to be up and running too ...)

Hehe ofc you got to manage the serious business side, like wallets, KYC/AML, user support, marketing and so on and on. It is a financial platform after all...
But the software is open-source, yes  Roll Eyes
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Merits 1 from 1 user
Topic OP
Let's deploy free open-source crypto-exchange in 15 minutes
by
openware
on 23/12/2019, 14:00:41 UTC
⭐ Merited by ETFbitcoin (1)
Merry Christmas and Happy New Year guys!  Cheesy

Just wanted to share a quickie tour how to deploy your own OpenDAX - an open-source crypto-exchange platform we're developing at https://github.com/openware/opendax

The backend deployment guide (we used DigitalOcean droplet coz they give free stuff):
https://medium.com/openware/deploy-your-own-crypto-trading-platform-opendax-on-digital-ocean-in-15-minutes-24ca0308fbb3?

And there's a guide how to modify the frontend for it (logo and stuff):
https://medium.com/openware/change-baseapp-logo-and-deploy-in-opendax-8506c865ee99

Would love to hear what you think! It has come a loooooooong way from Peatio  Grin