Building otc exchange | Bitcointalksearch.org

MintDice

member

Activity: 238

Merit: 46

Quote from: LUKEEEEE on April 30, 2018, 08:39:17 AM

Not sure where to post this...

I was wondering if buildning otc exchane btc-eth-ltc-zec-xlm is worth an ico. I know how to build it, i just dont have monetary iniciative. Is this worth anything?

I think its also possible to implement eth on lightning network. Is this worth a thing?

Perhaps marketplace->service announcements would be a better place?

Good luck mate!

mithrim

sr. member

Activity: 434

Merit: 436

Quote from: LUKEEEEE on April 30, 2018, 08:39:17 AM

Not sure where to post this...

I was wondering if buildning otc exchane btc-eth-ltc-zec-xlm is worth an ico. I know how to build it, i just dont have monetary iniciative. Is this worth anything?

I think its also possible to implement eth on lightning network. Is this worth a thing?

Just do a proper market screening and you'll see that there are a lot of projects that have similar ideas in regards to building an exchange. A common SWOT analysis or SWOT matrix would help you answer this question:

Quote from: https://en.wikipedia.org/wiki/SWOT_analysis

Also, I'd suggest to do a spell checking next time Wink

LUKEEEEE

newbie

Activity: 10

Merit: 0

ive skimmed throught those exchanges and they seem fishy. Other thing i noticed is they somehow enforce fee on otc trading.
My guess is they create tx with two outputs. One for trade and one for fee. Inputs are given when trade offer is made. There is also htlc script in it. Then this tx is signed and broadcasted to other party.
Tech savy user could abuse that and remove second output before signing tx

What do you think about implementing lightning network compatible eth contract. Would anyone use it? Is anyone prepared to pay for that?

AdolfinWolf

legendary

Activity: 1946

Merit: 1427

Quote from: LUKEEEEE on April 30, 2018, 08:39:17 AM

Not sure where to post this...

I was wondering if buildning otc exchane btc-eth-ltc-zec-xlm is worth an ico. I know how to build it, i just dont have monetary iniciative. Is this worth anything?

I think its also possible to implement eth on lightning network. Is this worth a thing?

Seems like you're a little late to the party, https://otcexchange.company/, https://next.exchange/, https://bitcoinexchangeguide.com/off-exchange/

It looks like there's already a dozen of these kind of exchanges out there. They all seem a bit scammy though.

Looks like you will need to have a lot of unique features to stand out, otherwise people will just invest in the bigger companies/ICO's that are already out there.

LUKEEEEE

newbie

Activity: 10

Merit: 0

Not sure where to post this...

I was wondering if buildning otc exchane btc-eth-ltc-zec-xlm is worth an ico. I know how to build it, i just dont have monetary iniciative. Is this worth anything?

I think its also possible to implement eth on lightning network. Is this worth a thing?

Topic: Building otc exchange (Read 136 times)