Topic: [ANN][OAX] openANX - Real World Application of Decentralized Exchanges - page 29. (Read 135283 times)

It is always good to see progress on a project. The DEX looks excellent so far and we can do more.

As investors, we all knew that we have to wait for a long time to see the final product.
Nothing has changed. The team are sticking to their plan.

Let's fly together with our ideals and hope that openANX can keep on doing this, good work, good development and good future.

Just saw a tweet and a picture about the interface , And I want to say it is amazing , I loved it . Great work guys as always . I know some people complain about the slow development , but you gotta respect the constant update and the activity from the team .

They have a very long roadmap, if I remember correctly the final product is planned for somewhere in 2019. But I don't find the whitepaper anymore on their new homepage, and the old links don't work.

Very slow development. If I'm honestly frustrated with OAX. How soon can you provide the finished product?

Glad to see the latest dev update of the OAX.
The team have been doing a great job. I am sure OAX holders will be highly rewarded very soon.

Wow. The dark OAX decentralized interface looks AWESOME. Keep up the great work guys. Anytime it will be available for beta?

Love the dark interface 

Dev update #6

Hopefully you’ve been noticing the increased volume and variety of activities that we’ve been getting involved in over the last few months. These have been across areas including senior level appointments to drive key functions, raising our profile at industry events and educating the wider public about digital assets and what we do. But this doesn’t mean the technology has taken a back seat. Quite the opposite — in this latest development update we’re really excited to be able to give you a first look at the user interface for the OAX platform.

During the first phase of the development, the back end obviously took priority. But recently things reached a point where we could begin the design of the front end and connect it up to the back end. What we’ve got so far is the screen that people trading tokens over the OAX platform will see (the UI for Asset Gateway owners will come next). It’s designed to be user friendly and intuitive, fitting in with our philosophy of making digital asset trading as transparent as possible.

Of course, one of the reasons for getting the UI in place is that we are promoting the project much more. We aim to have a full demo ready for Consensus next month and are looking forward to giving delegates there a tour of the project!

Putting in place the UI is also allowing us to undertake testing. A fully functioning, safe platform is obviously our aim and we will be testing it thoroughly by bringing in some expert traders to put it through its paces. We’re also making sure that it’s robust and conforms to the high governance standards we’re committed to promoting at the OAX Foundation. To that end, we are examining all procedures on the platform so that transparent and proper use is stuck to by all potential users.


The full article: https://medium.com/@OAX_Foundation/dev-update-6-a78de0b8c353

Official site: https://www.oax.org/en

The ranking of the market cap of OAX drops from about 330 to nearly 400, implying that its price performance is poorer than most of the altcoins in the current rising wave..........

 Disappointing.....

Exactly. It is time to put all your money into cryptocurrency.
OAX is one of the most undervalued project in the market. Don't hesitate to buy more.

We are all rising right now DO NOT WAIT. EVERYTHING IS MORE EXPENSIVE IN A BULL MARKET.

Smart. But don't wait too much, buy now while still cheap.
Very bullish on OAX, can't wait the launch of the platform.

This will be one of few projects I am going to watch and invest.

This is how smart OAX’s trading logic is — by letting someone broadcast their orders publicly on the Ethereum blockchain, the order is exposed to all the potential takers on the network, meaning the order gets filled quickly. This shared, on-chain and decentralized order book results in much higher market liquidity compared to a closed, centralized network.
.
This means OAX book is going to be double matching system?

Yes, here is it, easyrimka:
https://twitter.com/OAX_Foundation/status/979558734979588098

very good article, is it on twitter so i can share ?

How the OAX project is going to increase liquidity in decentralized token exchange

Earlier this week our technology team hosted a session with Amir Bandeali, the co-founder of 0x, a project which has the potential to provide
a critical piece of infrastructure for the token economy. Amir and our team discussed how the 0x protocol works and how it is benefiting the OAX project.

As you all know, we’re building a new type of decentralized exchange platform that gets over the shortcomings of current models.
The decentralized exchanges that have already been developed have a number of issues in them, not least the limited trade volumes they can handle.

To get over this issue, and to power our decentralized exchange model with high trading liquidity, we’re applying the 0x protocol.
This is an open, permissionless protocol which allows ERC20 tokens to be traded on the Ethereum blockchain. Here’s an analogy to explain how it works:

Assume that you’ve got something you want to sell. If you were just to ask around your friends on WhatsApp it might take a while to find a buyer,
assuming one of your friends even wants your item in the first place. But if you were to post your offer on a public exchange platform,
it would sell much more easily because of the maximized exposure it gains.

This is how smart OAX’s trading logic is — by letting someone broadcast their orders publicly on the Ethereum blockchain, the order is exposed to all
the potential takers on the network, meaning the order gets filled quickly. This shared, on-chain and decentralized order book results in much higher
market liquidity compared to a closed, centralized network.

At the OAX Foundation, we believe the time is right for the market to evolve from centralized exchange models to a decentralized exchange, free for all
users to access and powered by the latest blockchain innovations like 0x. With the OAX project we’re creating a more orderly, transparent and efficient
ecosystem for digital asset exchange.

Reference:
https://www.0xproject.com/
https://www.0xproject.com/pdfs/0x_white_paper.pdf

Full article on Medium:
https://medium.com/@OAX_Foundation/how-the-oax-project-is-going-to-increase-liquidity-in-decentralized-token-exchange-cf9679945b12


WEBSITE - OAX ON EXCHANGES - NEW BOUNTY PROGRAM - PROJECT DECK - WHITE PAPER - TECH WHITE PAPER - TEAM  
SLACK - TELEGRAM - FACEBOOK - TWITTER - REDDIT - LINKEDIN - GOOGLE+ - MEDIUM - YOUTUBE - STEEMIT - GOLOS

OAX Foundation to Take Part in Exhibition on Digital Tools for Trading

https://medium.com/@OAX_Foundation/oax-foundation-to-take-part-in-exhibition-on-digital-tools-for-trading-658f7ee87918