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Topic: [ANN][OAX] openANX - Real World Application of Decentralized Exchanges - page 12. (Read 135283 times)

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Busy with #Fintech in Asia as both the Hong Kong Fintech Week and Singapore Fintech Festival were hosted over the last two weeks!
Regulatory and policy-making areas continued to take the lions share of the conversation.

We have summarized some highlights of both Fintech Weeks in our latest writeup here: bit.ly/FintechWeekHKSG
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Thank you EJ Insight HK for featuring our latest writeup by #OAX's General Manager, Amanda Liu!

The article tackles what needs to happen for blockchain to become mainstream - do give it a read and share. Smiley http://bit.ly/blockchainMainstream


full member
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Merit: 100


In Part 1 of our two-part series about a utopian vision of crypto, we discussed potential utopian and dystopian visions of a future with blockchain.
Here in Part 2 of the writeup, we take a look at the major challenges faced in realizing the technology to its fullest potential, and of course, proposed changes that could help grow the ecosystem and bring the vision to life.

Read more here: bit.ly/OAXCryptoUtopia2

Link to Part 1: bit.ly/OAXCryptoUtopia

What do *you* think? Thoughts and discussions are welcome!

full member
Activity: 451
Merit: 100


For this month, we continued focusing on gathering feedback on our L2X protocol, a technology poised to deconstruct the dichotomy of CEXs and DEXs by imbuing the latter with virtues of the former.  We also published numerous articles, including one featured on Asia Token Fund’s website.

Don’t miss out. To know more, read it all in our monthly update: bit.ly/OAXOctCommunityUpdates
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In its short life, blockchain technology has been touted as the representation of decentralization, freedom and the gateway to a cashless society.

Here we take a look at what might be required for this potential utopian vision to take off...

Link: bit.ly/OAXCryptoUtopia

Discussions / thoughts from our community are absolutely welcome! Wink
full member
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This week, we were happy to support the Fintech Association of Hong Kong’s event: FTAHK Presents: Token Economy - Institutionalization of Cryptocurrency in HK.

Winnie Mak, Executive Director (Corporate Finance) of OAX, was part of the panel discussion focused on Token Economy post sale matters - other panelists included representatives from KPMG, BC Group, Consensys and MaGESpire. A good sharing session and we always enjoy opportunities to engage the community and network with like-minded professionals in the industry!
full member
Activity: 451
Merit: 100
If you ever wondered how OAX Foundation came about and why we were founded, check out the latest writeup in Charles D H'aussy's Block Kong Breakfast series, featuring our founders Hugh Madden, Dave Chapman and Ken Lo.
It's definitely an interesting look into the history of OAX and their ventures in the blockchain ecosystem!

Link: http://bit.ly/BlockKongFeature
full member
Activity: 451
Merit: 100


Hot on the heels of our L2X launch last month, we held an AMA earlier this month. While we addressed many important questions the community had in mind, we're hoping to continue discussing ongoing themes that cropped up. Don't miss our deep dives!

Read our monthly update here: bit.ly/OAXSeptCommunityUpdates




I see OAX has redesigned its webpage.

The pages has become more "naked", if this is the right word to describe it. Just a couple of articles, and links.
And still there are no links or pictures of a roadmap.

Hi there,
Yes we have recently revamped our website, and we welcome all feedback. Smiley
We will look into improving our site based on collective feedback, please stay tuned as well.



Centralized exchanges have long maintained dominance over the ecosystem. In our latest writeup featured on Asia Token Fund, our General Manager, Amanda Liu, explains why this is currently the case by delving into the shortcomings that have plagued decentralized exchanges and the extent to which traders have sacrificed security for convenience.
 
More importantly, we describe in detail a solution we developed that levels the playing field between the two exchanges – our Layer 2 Exchange Protocol. With it, we hope to advance DEXes to be where they belong, at the heart of the industry rather than a niche service.
 
Read more here at: http://bit.ly/OAXCexvsDex






Thomas Cook’s recent bankruptcy sent shockwaves throughout the world, and resulted in over 100,000 customers being left high and dry. It also was a classic case of counterparty risk.

In this writeup, we explain how traditional institutions have attempted to mitigate counterparty risk, and detail how blockchain-based solutions as of current can ameliorate the shortcomings of the traditional landscape. 

More importantly, we also introduce our own decentralized model, and how it improves upon existing blockchain-based solutions to transform traditional institutions and mitigate counterparty risk.

Read more at: bit.ly/OAXCounterPartyRisk







Trust is supposed to be a vital and integral part of society and economies, but should the future of our financial system be ‘trustless’? Find out how our L2X protocol helps realize this potential.

Link: bit.ly/OAXTrustlessness





We are excited to be participating in one of Fintech Association of HK's upcoming events on the 22nd of October: FTAHK Presents: Token Economy - Institutionalization of Cryptocurrency in Hong Kong.
Winnie Mak, our Executive Director (Corporate Finance) will be joining as a panelist on the topic: Token Economy Post Sale Matters.

If you'd like to attend the event, you can get your tickets and RSVP here: http://bit.ly/FtahkEvent

Say 'hi' if you meet any of our team members in person - we'd love to hear from you!
sr. member
Activity: 854
Merit: 257
Proof-of-Stake Blockchain Network
I see OAX has redesigned its webpage.

The pages has become more "naked", if this is the right word to describe it. Just a couple of articles, and links.
And still there are no links or pictures of a roadmap.
Well, a page design change - do not add functionality or any new features.
The token is very old and I haven’t noticed any big progress this year. Everything is very quiet, but I want it to be noisy!
legendary
Activity: 2492
Merit: 1215
I see OAX has redesigned its webpage.

The pages has become more "naked", if this is the right word to describe it. Just a couple of articles, and links.
And still there are no links or pictures of a roadmap.
full member
Activity: 451
Merit: 100

I was looking for a roadmap. It is not longer on https://www.oax.org/. I remember it was promised, that in 2Q2019 DEX will be released. Now its is already third quarter and I don't know what the project is planning or doing right now

this project turned to scam
Hi, this is not true in any way.

We have recently announced the release of our Layer 2 Exchange (L2X) solution and have also released the open source code. Please view: https://medium.com/@OAX_Foundation/oax-foundation-releases-new-exchange-protocol-a7a2b8e0a4b7

The proposition of OAX has always been to build the next generation of decentralized exchanges based on speed, scalability, interoperability, and trust.

L2X's initial release is a key milestone for us in our commitment to build a DEX that addresses the challenges that decentralized exchanges face. Our next steps for the protocol will be heavily dependent on operator requirements and the ongoing feedback and testing from our open source code. The immediate future will be ensuring that we address these conversations.

As a part of our community, we understand all the interest in getting a roadmap now that L2X is launched. We're not yet at the point where we can share something in detail, but rest assured we do have some exciting ideas, and hope to share it with everyone once it's confirmed. Please stay tune to our updates!







Hi community members,

As you all know, we hosted our AMA session last week and we would once again like to take the opportunity to thank everyone who took part in the session!

Just to recap, we’ve received 110 questions in total, and we absolutely enjoyed answering each and every one of your questions. Smiley Quite a number of questions were related to our Layer 2 Exchange (L2X) protocol announcement, of which we have released the source code on our GitHub here: https://github.com/OAXFoundation/l2x-trustless-exchange.

Many of you were asking if we would host more AMA sessions in the future, and the answer is a definite YES! Our utmost priority has always been to be transparent with all our supporters and community members, and we believe sessions like these will allow us to clarify many of your questions you may have regarding our progress.

However, we would usually host AMA sessions after notable development-related announcements or significant milestones, so please be patient and stay tuned. We’d like to reiterate that all questions relating to OAX Foundation and the work that we do are welcome anytime at all - we are always open to questions, suggestions and feedback, so do join our community chatgroups and participate in our discussions!

Telegram English: t.me/openanxteam
Telegram Chinese: t.me/oax_cn
Discord (for a more tech-centric community + questions): discord.gg/ZH5YHkb






Hacking. You hear it time and time again, painting digital assets as risky and insecure. Since the beginning of this year, a total of $4.26 billion has been hacked from cryptocurrency exchanges, investors and users – a sum that’s hard to ignore!

In our latest writeup, we examine the effects these hacks have on public confidence, how centralized exchanges have been managing this threat and most importantly, potential solutions to this ongoing problem.

Read it here at: bit.ly/TrustlessThwartHackers

We don’t believe in ‘never’ when it comes to hacking – but OAX’s trustless L2X protocol removes a fundamental vulnerability and renders our model inherently safer.
What are your thoughts? Questions / feedback are absolutely welcome.







Many of you have asked us about our progress with building new partnerships and while we are working hard to form these connections, there are multiple factors our Business Development team has to consider.


In our latest writeup, we’d like to shed some light into our journey and processes in finding the right partners, including the challenges involved. In a nutshell, our strategy is to work with partners across the spectrum – working towards a mutually beneficial partnership that helps both parties and the ecosystem grow.

Read more here at: bit.ly/OAXPartnerships
legendary
Activity: 2436
Merit: 1187

I was looking for a roadmap. It is not longer on https://www.oax.org/. I remember it was promised, that in 2Q2019 DEX will be released. Now its is already third quarter and I don't know what the project is planning or doing right now

this project turned to scam
legendary
Activity: 2478
Merit: 1492
Cant find OAX roadmap anymore. Seems it has disappeared from the site.
I do remember there was a one-pages with a roadmap in it. Cant find it anymore.

https://www.oax.org/

If you want to about the achievements of the team than it has been listed on official website and link to the original whitepaper also alive and working smoothly but hard to know about the roadmap.

I was looking for a roadmap. It is not longer on https://www.oax.org/. I remember it was promised, that in 2Q2019 DEX will be released. Now its is already third quarter and I don't know what the project is planning or doing right now
legendary
Activity: 1876
Merit: 1003
Cant find OAX roadmap anymore. Seems it has disappeared from the site.
I do remember there was a one-pages with a roadmap in it. Cant find it anymore.

https://www.oax.org/

If you want to about the achievements of the team than it has been listed on official website and link to the original whitepaper also alive and working smoothly but hard to know about the roadmap.
legendary
Activity: 2478
Merit: 1492
Cant find OAX roadmap anymore. Seems it has disappeared from the site.
I do remember there was a one-pages with a roadmap in it. Cant find it anymore.
full member
Activity: 451
Merit: 100
Hi, thanks for pointing this out. We've recently revamped our website and it is accessible at www.oax.org.

We will look into this as well. Happy Friday! Smiley





Hi community members,
The month of August has definitely been one of the most exciting yet for OAX Foundation. On the 12th of August, we released the open-source code for our Layer 2 Exchange (L2X) protocol, marking the completion of a significant milestone for us - and what we believe to be a huge step forward for the industry and ecosystem. Smiley

We've wrapped up our August highlights here: http://bit.ly/OAXAugCommunityUpdates

Video Demo: youtu.be/t6o-H_zHjSU

Please let us know if you have any questions or feedback - or better yet, join us on our Reddit #AMA Session next Tuesday!




The countdown begins! Only 3 more days til our AMA session. We'll be picking THREE lucky winners with the best questions who will win USD 50 worth of OAX tokens each.

Just to recap on our AMA details:
Date: 3rd of September 2019
Time: 10am HKT - 10am HKT, 4th of September - 24 hours only
Where: reddit.com/r/OpenANX/


See you there!




I just googled this and FOUND little information. Is this a newly-created startup?
Hi, we are not new. In fact we've recently launched an AMA session, you can take a look as it covers quite a bit of our recent milestones and progress updates. Smiley

https://www.reddit.com/r/OpenANX/comments/cyyi8q/our_24hour_ama_askmeanything_session_is_now_live/



First of all, thank you to everyone who joined our #AMA session!

Earlier this week, we hosted an AMA session on Reddit as a follow-up to last month’s release of the open source code for our Layer 2 Exchange (L2X) Protocol. The response was indeed overwhelming, and we'd like to congratulate the three selected winners who will receive 50USD worth of OAX tokens each:

1. u/hadangsh
2. u/asersada
3. u/QubiiQ2


We will reach out to you via Reddit regarding your prize collection. Do be patient, and congratulations once again!

For a detailed summary of our AMA session, please visit: http://bit.ly/OAXAMARecap

Link to full AMA session: https://www.reddit.com/r/OpenANX/comments/cyyi8q/our_24hour_ama_askmeanything_session_is_now_live/
legendary
Activity: 2492
Merit: 1215
First post in this topic contains link to OAX webpage https://www.oax.org/en/ that leads to error message:

404 Not Found
Code: NoSuchKey
Message: The specified key does not exist.
Key: en/index.html
RequestId: 2DBFFB646C8AD372
HostId: emzIOBI/FwkfKERz5MWWHOb985OLifmIYSdMm2ao1rAb/15efUiKvhAMKiDIe1HyPTjD8M7lTZE=


full member
Activity: 451
Merit: 100



Dear community members,
We are very excited to announce that OAX Foundation has released the code for its Layer 2 Exchange (L2X) protocol today, marking a significant achievement and completion of a major milestone for us.

Additionally, the release is being made open source under the MIT license, allowing the community to examine and develop the code further.

“The release of the code for our trustless, non-custodial exchange protocol brings our vision of digital asset trading in the mainstream closer to reality.  The breakthrough it makes in dispute resolution is a major step forwards for the industry, and open sourcing it reflects our commitment to sharing our achievements with the wider community.” – Amanda Liu, General Manager of OAX Foundation.

The code can be accessed via the OAX Foundation GitHub page.

Full Writeup on the Release: bit.ly/OAXL2XProtocol

OAX Foundation GitHub page: https://github.com/OAXFoundation/l2x-trustless-exchange


Please share the news out and let us know what you think. Questions are welcome! Wink







Mark your calendars, we will be hosting our next AMA (Ask-Me-Anything) session on Reddit on the 3rd of September! Here's your chance to ask our team any of your burning questions while standing a chance to WIN some OAX tokens.

Details of the AMA:
Date: 3/9/2019
Time: 10am HKT 3/9/2019 - 10am HKT 4/9/2019 (24 hours only!)

All questions are welcome, but as we released the code of our Layer 2 Exchange (L2X) Protocol this week, now will be a good chance to bring up any questions regarding the announcement. Smiley We also recently released our technical paper setting out the technical specification of the L2X protocol, and questions regarding the paper are also welcome: http://bit.ly/EnumaOaxPaper

We'll be hosting the Q&A session alongside our development partners, Enuma Technologies.

Looking forward to hearing from all of you!







Towards the end of last month, the UK’s Financial Conduct Authority issued a policy statement on crypto assets, containing its final guidance on what falls under its jurisdiction. The document is significant as it provides some of the most wholesome guidance to date by a regulator; the guidance does not represent new law or regulation, and is instead a statement on how and where the regulators considers the new digital assets market market sits within existing legal and regulatory frameworks.

Read our more detailed writeup on the guidance here: bit.ly/StepsCryptoRegulation

We look forward to seeing more steps towards regulation coming from around the world, and we are committed to playing apart in fostering such discussions that will help create them.






Hi community members,
As announced earlier, our upcoming AMA (Ask-Me-Anything) session will be held on the 3rd of September on our Reddit page. We're also excited to let you know that a total of THREE winners with the best answer selected by the team will be given *50 USD* worth of OAX tokens each!

AMA Details:
Date: 3rd of September 2019
Time: 10am HKT - 10am HKT, 4th of September - 24 hours only
Where: reddit.com/r/OpenANX/




We've recently announced the release of the code of our Layer 2 Exchange (L2X) protocol. With this release, one of the major objectives we set out to achieve in our project has been completed, and it's definitely an exciting milestone for us.

If you're a tech developer and looking to test out our code, here is a step-by-step video demo which will guide you through connecting to a test exchange: https://youtu.be/t6o-H_zHjSU

You are also welcome to join our Discord community which is more tech-centric at: http://bit.ly/OAXDiscord

If you have any questions at all relating to our protocol, remember to join our upcoming Reddit AMA session on the 3rd of September (10 am HKT)! We'll be selecting the three best answers who will WIN USD 50 worth of OAX tokens each.  We look forward to your participation.
Ano
sr. member
Activity: 1148
Merit: 253


We are very excited to present to you our newly revamped website, which is now LIVE! This is one of the things the team has been hard at work on. Wink
Our new site was designed by our tech team with a sleeker, more minimalist look in mind.

One of the main new features in our site is the 'News' section - we plan to update our project updates and writeups in this space in the future.


Please head on over to www.oax.org and do feel free to share it out.


We have development updates in the pipeline too - watch this space. Thank you for being a part of our journey!


New website is looking very nice and cool it have more informative links to get more information in details about the progress which made by the dev team. I hope in future you will achieve your target on time and will make this project more great.
full member
Activity: 451
Merit: 100



Wow, time flies, it’s already June! The first half of 2019 has been both critical and exciting for the OAX tech team. The team, spearheaded by our technology director Wayland Chan, has been working tirelessly over the past 6 months to refine and develop our Layer 2 technology.

That’s not all – we have also other recent updates released in June, and have wrapped everything up in our June community update writeup here: http://bit.ly/OAXJuneUpdates

In a nutshell, June has definitely been a fruitful month for the team. We look forward to sharing more milestones and progress with you as we press forward towards our goals. Please stay tuned! 


Hi, can you please correct the website URL in the first page ? It is linked to https://oax.org/en/ wich is, i guess, no more available. That way, newcomers will have access to website directly

Got it, thanks for pointing this out Smiley





Hi community members,

Our tech development partners, ENUMA Technologies, has just released a blog post discussing the fundamentals of how order cancellation in a trustless setting works. This might be useful for blockchain and tech enthusiasts who have been asking us about our Layer 2 solution.

Do read our summary writeup here: http://bit.ly/trustlesssettingOAX

As mentioned in our last community update, we’ll be publishing more tech development updates along the coming weeks. We hope you’re as excited as we are!

All comments and questions are absolutely welcome.






Last week, Singapore-based exchange Bitrue was hacked and lost around USD 4.2 million worth of assets. While the prompt follow-up actions taken by the exchange were commendable, it still raises the question: Will centralized cryptocurrency exchanges always be vulnerable to hacks?

Unquestionably, such hacks pose a roadblock for the digital asset industry to move to the mainstream. In our latest writeup, we discuss this threat and how a trustless system can be a solution to the issue.

Link: Bit.ly/HackedOffHacking










We’re honored to be attending @RISE Conference this week in Hong Kong, one of the world’s biggest tech + startup conferences as guests of our partner, Blockpass – one of the many benefits of all the great partnerships we’ve been fostering this year.

It was definitely an exciting day at RISE, with useful talks and excellent networking opportunities. The conference also had a Women in Tech lounge, which provided a dedicated space for professional women to make connections, all part of helping encourage the rise of women in the blockchain and wider tech community - a movement we wholeheartedly support!
   
Overall it was a day well spent and we would like to extend our appreciation to our partner, Blockpass, for inviting us.  If you’re at RISE over the next few days and bump into any of our team members, please don’t be shy but make sure to come up and say hi!.



The V20 Osaka Virtual Assets FATF Summit was held in Osaka on 28-29th June, with the focus of the summit being education and the concerns surrounding the implementation of the recent FATF VA requirements.

Here are @HughMadden’s in-depth insights and key takeaways on the summit: bit.ly/HughMaddenV20Takeaways

#OAX #Transparent #Decentralized



Just last week, our General Manager Amanda Liu and Tech Director, Wayland Chan, headed to Chengdu, China to attend one of the Polkadot Network’s tour stops in China. The team was there to get firsthand insight of the new developments within the Polkadot project while touching base with the crypto startup scene in China.



Just some background on the Polkadot Network tour: Dr Gavin Wood, Co-Founder of Ethereum and now the architect behind the Polkadot Network and Dr. Alistair Stewart from the Web3 foundation have been touring cities in China to speak about the current state of the Polkadot Network and the upcoming Kusama network.

We definitely had a fruitful trip and our Tech Director, Wayland, has written a post about the trip and key learnings / takeaways from the event here: http://bit.ly/OAXPolkadotnetworkCN







Hi community members,
In a blink of an eye, August is here. In our June newsletter, we mentioned that we’ll be updating the community regularly on our project’s progress.

We’ve summarised our updates for July, you can go through the month’s community updates here: http://bit.ly/OAXJulyCommunityUpdates

We expect this month to be an exciting one. Wink Watch this space!








A recent research led by Totle, a firm specializing in decentralized liquidity, has revealed that the monthly trading volume on decentralized exchanges tripled from January to June, showcasing an increase in both popularity and confidence in the system.

This is great news for us at OAX Foundation as it also shows the potential of our work, which aims at solving some of the most significant challenges holding back the decentralized ecosystem and blockchain.

Read our writeup on the research here: bit.ly/DEXGrowthReport[/b]

Stay tuned for exciting announcements coming your way, and we will be announcing the date of our next AMA soon as well!







We are very excited to present to you our newly revamped website, which is now LIVE! This is one of the things the team has been hard at work on. Wink
Our new site was designed by our tech team with a sleeker, more minimalist look in mind.

One of the main new features in our site is the 'News' section - we plan to update our project updates and writeups in this space in the future.


Please head on over to www.oax.org and do feel free to share it out.


We have development updates in the pipeline too - watch this space. Thank you for being a part of our journey!
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