19 Apr 2020 |
@bridge:decred.org | [discord/LeshAft9] interesting thing about atomic dex, if you do a swap between say BTC and DOGE then the Komodo blockchain is not involved. Not clear what it has to do with KMD cryptocurrency | 00:07:39 |
jy-p | i thought atomic dex involved kmd somehow | 00:13:00 |
@bridge:decred.org | [discord/LeshAft9] it's made by them but the centerpiece is the MM program, market maker bot type thing that completes your trade. you have to leave it running if you have a limit order | 00:23:31 |
@bridge:decred.org | [discord/LeshAft9] to claim your part of the swap | 00:23:46 |
@bridge:decred.org | [discord/LeshAft9] the KMD blockchain is not involved I'm pretty sure | 00:24:07 |
@bridge:decred.org | [discord/LeshAft9] the Komodo blockchain is not involved I'm pretty sure | 00:25:11 |
@bridge:decred.org | [discord/LeshAft9] the Komodo blockchain is not involved I'm pretty sure (unless you're trading KMD obviously) | 00:25:26 |
@bridge:decred.org | [discord/LeshAft9] I asked about it on their discord awhile back and this was my understanding. | 00:26:49 |
@bridge:decred.org | [discord/LeshAft9] Another thing I learned installing the android beta and trying it out, it turns out you can't trade into ETH without already having some (on the ETH address in the atomic dex wallet) because you can't pay the gas to complete the swap | 00:28:15 |
@bridge:decred.org | [discord/LeshAft9] although they said it would be possible to implement it in such a way that the person offering ETH could also pay the gas for the other party, but I'm not sure how that could work | 00:28:58 |
davecgh | I would say that probably the most important thing to focus on once the core components are locked down and the MVP is done and released is going to be the UX. One of the biggest turnoffs for all of the existing DEXes that I have seen and heard people talk about is precisely that and the need to sync up multiple huge chains. | 02:06:35 |
davecgh | Most people just want to go to a website, hit a few buttons, and have it magically work. Installing an application is another step that is already a big ask for many. Then, asking to install multiple applications and store and track several multi-gigabyte chains is a deal breaker for them. This is just the general feedback I've heard. | 02:08:31 |
jy-p | we'll get there eventually | 02:10:53 |
jz | Whoever gets to a DEX experience that resembles the old Shapeshift flow will capture the huge non-nerd component of the market.
Just not needing to trust CEXs will make jumpiung through hoops worth it for many early on though. | 02:11:58 |
@bridge:decred.org | [discord/LeshAft9] my best DEX experience has been Kyber swap but it requires some trust about the transaction details | 02:21:02 |
@bridge:decred.org | [discord/LeshAft9] my best DEX user experience has been Kyber swap but it requires some trust about the transaction details | 02:21:14 |
davecgh | Agreed. As mentioned before, I'm super excited for the initial release and will definitely be using it. I was just saying that, in terms of talking about SPV and such, I personally think those types of things should be high priority after it's all up and running smoothly. | 02:21:46 |
@bridge:decred.org | [discord/LeshAft9] if I don't have the technical skills/knowledge to verify contract addresses etc | 02:21:56 |
svitekpavel | Download Screenshot 2020-04-19 at 20.09.05.png | 18:09:22 |
svitekpavel | I got this message today from Liquality (backed by Consensys), so I asked if they plan to integrate Decred chain as well. Obviously, not sure when, just pasting it here FYI.
https://twitter.com/Liquality_io | 18:10:23 |
23 Apr 2020 |
chappjc | Sort of old news, but I just saw this: https://medium.com/sparkswap/sparkswap-is-shutting-down-86cfab3216d2 | 14:48:48 |
chappjc | ouch: https://www.coindesk.com/pantera-leads-3-5-million-round-for-lightning-powered-sparkswap-dex | 14:49:18 |
chappjc | This was one dex I compared the the dcrdex idea to during the dev prop discussion: https://proposals.decred.org/proposals/417607aaedff2942ff3701cdb4eff76637eca4ed7f7ba816e5c0bd2e971602e1/comments/4 | 14:50:11 |
25 Apr 2020 |
| fernando joined the room. | 19:42:19 |
28 Apr 2020 |
| mrbulb left the room. | 12:08:58 |
michae2xl | https://twitter.com/_vctt/status/1255276724260143108 hmm | 23:31:21 |
chappjc | Testnet. @vctt has been very patient with us in @dexdev today. :) | 23:32:24 |
30 Apr 2020 |
githubsands | how does servicy discovery work for the dex, how are clients suppose to find the service? | 17:36:42 |
degeri | There is a Dex server | 17:38:52 |
githubsands | somebody hosts a server | 17:40:16 |