Topic: A Decentralized Privacy-Centric Cryptocurrency to Cyrptocurrency Exchanage (Read 317 times)

I've been around cryptocurrencies for about four years now, and have seen many changes and growths, not only in the markets, but in services and how those services have been adopted or denied by governments and corporations.

My main concerns is privacy. By now, to believe that Bitcoin is anonymous, is to believe the lie that was advertised many moons ago. Chain-analyzers main job is to track, watch and deanonymize addresses. Monero has become a strong Altcoin for privacy, however, exchanging from BTC to XMR is not an easy task for one who wants to remain private. The handful of exchanges that allow for BTC to Altcoin transaction, require a hefty amount of person information. Fortunately, there are services like Shapeshift.io that allow users to exchange their Bitcoins, and even Altcoins, for another coin. Unfortunately, Shapeshift has strong limits, such as trusting them to not run off with your money. While I truly believe they won’t just run off and be another exit scam, I don’t believe there’s a need for having a third party hold and control YOUR money. The other big flaw with Shapeshift is the amount one can transfer (around $3k), and their Privacy Policy which explains their cooperation with Law Enforcement Agencies.

We have been developing an exchange to address the following issues:

1. Create or use a blockchain to allow for the exchange of Bitcoins to any Altcoin, and vise-versa.
- This not only allows for users of one coin to be able to freely move to another coin, but also allows for all people to utilize the best attributes of all coins.

2. Create a Trustless exchange.
- Users can give the exchange permission to exchange their coins, but the agreement must happen before and after a trade is found.
- This design can also be integrated into existing exchanges

3. Ensure all transactions are do not require personal information/account for transactions. Completely Anonymous.
- No personal information or accounts will be created. It is also not possible for people exchanging to know who owns the other address they’re trading with. Similar to Monero’s use of a ViewKey.

We’re looking for more people to join the project. If interested, PM me.