1 million DEX coins, it was originally issued back in 2014 on NXT AE, was migrated over recently to KMD ecosystem.
As $1 million USD worth of revshare is accumulated, I will do another batch.
Since DEX is not on any central exchange, it would be quite difficult to have them and not collect the revshare that is sent to the same KMD address.
Thnx man!
After checking BarterDEX I think DEX coin is a MUST! Barter is gonna dominate the market, it's so much better than Bitshares and WavesDex!
$50 mil marketcap for DEX certainly does seem like a very good price.
http://www.dexstats.info/tradevolume.phpCount Pair base / rel basevol relvol avg price
846 BTCH/KMD 1951.92209343 2739.10252254 0.71261374
107 KMD/HUSH 528.43539652 289.04449216 1.82821472
45 KMD/SUPERNET 410.75299275 15.21939057 26.98879372
42 CHIPS/KMD 705.334095 63.78540671 11.05792267
33 HUSH/KMD 233.54055716 445.70412506 0.52398114
31 KMD/CHIPS 206.09339935 2550.81738472 0.08079504
18 KMD/BTG 207.14618641 8.35053214 24.80634562
17 KMD/STAK 847.41627628 1428.1991781 0.593346
14 JUMBLR/KMD 238.220076 904.07515383 0.26349588
11 MNZ/KMD 550.70840967 50.59770233 10.88405964
9 KMD/BTCH 7.24723728 4.61403232 1.57069495
8 REVS/KMD 135.39354044 125.40885973 1.07961703
8 CRW/KMD 61.12312806 33.84254038 1.80610342
5 KMD/HODL 4.92369342 13.08095777 0.3764016
4 BOTS/KMD 10.06644349 18.56439978 0.54224449
4 KMD/DEX 31.23408884 5.98552854 5.21826746
4 DEX/KMD 20.76417875 119.04366112 0.1744249
3 HODL/KMD 95.22542238 35.89465356 2.65291382
2 KMD/CRYPTO 9.13135195 2.00020003 4.56521938
2 KMD/CRW 103.70208359 228.95313072 0.45294023
2 KMD/VIA 12.84991056 16.46378827 0.78049537
2 KMD/LTC 56.61055726 1.91185442 29.61028654
1 SIB/KMD 0.17714317 0.1001 1.769662
1 KMD/DOGE 12.38619328 8489.16699219 0.00145906
1 SUPERNET/KMD 0.18672255 4.99889994 0.03735273
1 PANGEA/KMD 1.00130141 1.82017362 0.55011313
It isnt that much volumes yet, but almost $100,000 per day is not too bad considering it is still in testing. people are starting to use it for real trades.
notice that even though we dont force people to use KMD and hold them captive, most of the trading volume is against KMD as it has the most liquidity across the board.
Ok so its decentralized exchange and it works off automic swaps right?
Lets say that in a month it gets really hott and people are starting to use it more and more, than the volume shoots
way up....how does barterdex handle this, is there a threshold were it would slow down and not be able to handle the
trade volume?
certainly, every network has some sort of upper limit.
for now we are running at less than 1% capacity, actually closer to 0.1%, but we are already preparing how to deal with saturation of the first barterDEX p2p network.
The answer is to spawn new ones that are isolated from each other. then there is no practical limit, the only issue is that getting the absolute best price available globally becomes a bit more difficult, but since we are talking about saturation level situations, that means there is no shortage of liquidity makers.
by limiting each p2p network to certain trading pairs, that would mitigate the global price issue.
Now that the basics are working, the next issues are about scaling. For all that are saying it needs to be ready for grandma, that assumes that scaling to a million users is already solved.
It isnt, yet. I dont see any reason new p2p networks cant be created to match the volumes. There will be some amount of turbulence, but unlike when a central exchange goes down, with a p2p exchange it would just make some nodes not available, or some of the p2p networks will be bogged down.
Having all of them go down all at the same time would mean the internet went down. Of course getting the reality to where the theory says it should is what 2018 will be about.
