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Create a Decentralised Exchange (DEX) #6

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owenvoke opened this issue May 17, 2019 · 0 comments
Open

Create a Decentralised Exchange (DEX) #6

owenvoke opened this issue May 17, 2019 · 0 comments

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@owenvoke
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Description

Create a decentralised exchange for the blockchain.

The DEX idea was announced by AroDev on Discord.

Possible implementation

The idea would be that other coin developers, especially for newly launched coins, would be able to create an asset and integrate their own coins on our DEX.

They would need to handle the deposits/withdrawals from their own blockchain to the asset representing their coin and they would need to keep their coins safe.

We would individually vet them and add their assets to the dex page (which can be on our wallet or an individual software just for the dex)

The pairs would be against ARO as the asset marketplace works like that already.

This would require a lower block time (1 minute suggested) which would result in a 4x lower block reward.

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