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Topic: Decentralized Market - Idea for Cryptocurrency Exchange (Read 213 times)

newbie
Activity: 29
Merit: 0
!!! Thank You YoBit !!!
!!! Thank You YoBit !!!
!!! Thank You YoBit !!!
I know someone would have read this Grin
newbie
Activity: 29
Merit: 0
Hello...
I'm not quite good at writing something, so I might just jump straight to what I have in mind.

Below is the concept that I have in mind for a cryptocurrency exchange site :
https://i.imgur.com/LXVsrPP.png
On the right side, you will see my concept of exchange that allowed any currency to be traded with any currency.

Hopefully with this concept :
- Coin value will not highly dependent on major coin value, as every coin have a direct chance to be traded with fiat currency.
- Preventing inflation of major coin, as an ICO can be initiated directly from fiat to new coin(not using BTC, LTC, ETH, etc.).
- All cryptocurrency do really have real fiat value and can be used for real life(most coin have value over major coin but not to fiat).
- Reducing the chance of Pump & Dump scheme, because there's a lot of trading availability between one coin to another coin, arbiting with all available trade hopefully stop the pumping stages.

So that's it...
Lack of resources and knowledge prevent me to do this by myself, hopefully someone will pick my dream and build it.
I would love to be in part of it.

Would be grateful if someone are willing to quote my post, so the image is shown.
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