Don't 1 minute block times make a DEX completely obsolete? Case in point Ethereum actually has two dexs at the moment neither of which sees any real volume because until state channels and 1s block times are a thing with many thousand tps a DEX is just a novelty.
order matching will be centralized and HFT ready. Settlement will be on the Blockchain. You may call it a hybrid system (best of both worlds)
Do you have a link to the proposed feature set? If Waves can feasibly manage HFT (and not years from now like lighting) within a few months with low or no tx cost for placing orders I might reconsider my stance on this project.
Sure, it was mentioned by Sasha in one of his Q&A's.
"Q: In regards to exchange features could you go into detail on how margin trading will be implemented on the Waves platform?
A: It can be implemented the same way it is implemented currently on the centralized exchanges because we don`t change that infrastructure, what we change is the way exchanges hold users funds. All the matching, all the margin trading is going to remain exactly the same. It is like best of the two worlds, centralized matching with high frequency trading and funds are held not at the exchange but in other places that exchange has no connection to. We are not changing the way how centralized exchanges are doing their trading, so we can have the same margin trading and it will depend on the functionality of the matcher/exchange not on the Waves functionality itself. What we provide is blockchain settlement, but we will be providing also order matching. Hopefully some bigger exchanges will come and will use our servers as blockchain settlement platform at the same time having all their functionality in place like margin trading, lending within the platform and everything."
Source:
http://coremedia.info/index.php/waves-news/item/293-wavesplatform-development-vision-business-sashaivanov-q-a-transcript/293-wavesplatform-development-vision-business-sashaivanov-q-a-transcriptWavesplatform offers blockchain infrastructure...many seem to not understand this concept and the implications.
Once the Fiat Gateways are live...it will be THE FIRST turn-key solution for crowdfunding (Fiat to Custom Asset Tokens). Even a webwallet and soon a mobile wallet will be included. Not even speaking of the upcoming decentralized exchange or DEX.
Please guys, do your own research and use your own head. Don't listen to the many trolls.
BTW, even TA-wise WAVES is a buy!!
https://www.coinigy.com/s/i/584dc103/