[BETA] Dark Exchange: a 100% decentralized p2p exchange

amazon4u

sr. member

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Selling Stuff 20% OFF ! See my signature

Quote from: Sultan on May 22, 2013, 02:55:58 PM

A peer-to-peer exchange will always have the problem of 'who sends first' so it comes at high risk, no matter how well disguised under the TOR network it is.

I think this was mentioned before, but the best, and truest way to have a true peer-to-peer network would be to implement more of a Ripple protocol and link it with Bitcoin exchanges.

You already nailed it here more than a year ago, I am pretty sure this is what killed the cat.

Sultan

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Sorry for necro-ing this thread.

Wondered if there was any further thoughts or ideas on this decentralised p2p exchange idea.

miffman

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PGP ID: 78B7B84D

I only found out about this now. I hope this is still up and running. P2P exchange seems like a great idea, considering the way things are going will all the other centralized exchanges

traderman

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This sounds like a very interesting idea. Any updates from developers, is there still interest in this?

Sultan

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A peer-to-peer exchange will always have the problem of 'who sends first' so it comes at high risk, no matter how well disguised under the TOR network it is.

I think this was mentioned before, but the best, and truest way to have a true peer-to-peer network would be to implement more of a Ripple protocol and link it with Bitcoin exchanges.

dabest1

newbie

Activity: 26

Merit: 0

This sounds like a great project. Will be checking back on it a little later.

uMMcQxCWELNzkt

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Hey Morpheus, need a designer to help work on the project? I have a couple of months summer break from UNI and I want to work on a Bitcoin project. I could create graphic designs such as branding, I can also design websites and I (should) also be able to help you rank high up on Google with SEO. I would be happy to work on this in collaboration if interested. I can code in HTML & CSS however I do not have technical knowledge to developer programs such as this. Some promotional work might help public awareness!

If you are interested let me know and I will create some sample ideas.

K1773R

legendary

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/dev/null

Quote from: Lethn on January 20, 2013, 12:36:28 AM

Quote from: Ryland R. Taylor-Almanza on January 18, 2013, 12:34:05 PM

Quote from: Lethn on December 25, 2012, 12:17:37 PM

This projected really needs to be revived, we can't have stock exchanges going down left and right because of a few stupid scammers.

Well, it wasn't really a stock exchange, but I like the idea of reviving it anyways!

In that case we need a proper stock exchange BLAH! Tongue

how about cryptostocks?

Lethn

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Quote from: Ryland R. Taylor-Almanza on January 18, 2013, 12:34:05 PM

Quote from: Lethn on December 25, 2012, 12:17:37 PM

This projected really needs to be revived, we can't have stock exchanges going down left and right because of a few stupid scammers.

Well, it wasn't really a stock exchange, but I like the idea of reviving it anyways!

In that case we need a proper stock exchange BLAH! Tongue

Herodes

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I haven't tried this. But what would be the advantage to this over bitcoin-otc ?

Ryland R. Taylor-Almanza

legendary

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Quote from: Lethn on December 25, 2012, 12:17:37 PM

This projected really needs to be revived, we can't have stock exchanges going down left and right because of a few stupid scammers.

Well, it wasn't really a stock exchange, but I like the idea of reviving it anyways!

Lethn

legendary

Activity: 1540

Merit: 1000

This projected really needs to be revived, we can't have stock exchanges going down left and right because of a few stupid scammers.

jago25_98

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Activity: 900

Merit: 1000

Crypto Geek

As much as I love this project I think the hassle of running i2p in addition to needing critical mass has killed it somehow?

Perhaps a fully web interface to #bitcoin-otc would be more successful? - this could then be moved to a eepsite / hidden service / distribute the rep database.

K1773R

legendary

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Merit: 1008

/dev/null

awesome tool, how about adding altcoins? i dont get it why ppl dont use this!

matthewh3

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I've put an order up tho only connected to two peers Undecided

freemoney458

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Merit: 10

Hi morpheus,

I think you are heading the right way with the DarkExchange client. Do you know any other projects in this category?

The last days, I thought a bit about decentralized, fully automated exchanges. At least in Europe, it would be possible from a technical point of view, see this post:

https://bitcointalksearch.org/topic/m.746894

Any comments are welcome.

morpheus

full member

Activity: 164

Merit: 100

Quote from: finway on November 30, 2011, 09:18:57 PM

I can start it, but i can't find nobody.

Funny, I'm on and can find myself, and the DarkExchange node.

When did you run it last? Is I2P running? Have you downloaded all of the peers?

finway

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Activity: 714

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I can start it, but i can't find nobody.

morpheus

full member

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Quote from: btc_artist on November 28, 2011, 05:11:33 PM

Has this project gotten any traction?

While there seems to be plenty of interest, there aren't many people using the program.

morpheus

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Merit: 100

Quote from: Sultan on November 28, 2011, 04:32:33 PM

Yeah, I think this is the best idea so far. That way as long as there is one person who is online they can act as a server to start with. As the community grows it will be more distributed.

If private/public key signing was used then we can guarantee who made the offer and who accepted the ofefer. For example an accepted offer can be timestamped so that whenever somebody.accepts an offer that has already been made the accepted offer is rejected.

Ideally the objective is for a critical mass of nodes are always online making sure the orderbook is always up-to-date.

Is there anything I can do to help out, morpheus?

There will be some issues in the details of making sure everyone has an up to date list of all offers, and keeping the data clean. I can think of a few now, but once I start implementing it, I'm sure more will come up.

I think there will be some issues keeping time on the network synchronized if we try to base everything on a timestamp. Plus, more than one person can accept an offer at the same time anyways. Though, I don't think it matters, since the one making the offer can choose which trade to fill in the end.

I don't remember your skill set Sultan. Can you program? Do you know Java? Do you know Clojure?

Topic: [BETA] Dark Exchange: a 100% decentralized p2p exchange (Read 15866 times)