Topic: simple & true DEX already exists ;) (Read 134 times)
We already have a lot of decentralized exchanges in existence for years now, one of it is etherdelta which was the platform approved by ethereum to list tokens, then we saw another dev who forked the etherdelta github since it is open source and created their own decentralized exchange called forkdelta which is just same as etherdelta with a little bit of upgrade. Though for the simple part, most dex exchange are not really easy to make use of.
ISSUE 1
taker vs. taker
solution: first to fill on block record wins [OTC no escrow] :: maker refunds
solution: escrow service [fill or kill] hold for short period ELSE refund
taker vs. taker
solution: first to fill on block record wins [OTC no escrow] :: maker refunds
solution: escrow service [fill or kill] hold for short period ELSE refund
Order Book
BID / CANCEL
https://livenet.flocha.in/tx/e1f28ee32c721dc2df6f225af9ac365929f306a83f5f737e0560779cec1ecd92
Proof of Payment (taker)
Proof of Settlement (maker) <<< not needed IF there is no claim of non-delivery
BID / CANCEL
https://livenet.flocha.in/tx/e1f28ee32c721dc2df6f225af9ac365929f306a83f5f737e0560779cec1ecd92
Proof of Payment (taker)
Proof of Settlement (maker) <<< not needed IF there is no claim of non-delivery
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