The Missing Piece in Crypto Exchange: A Decentralized Alternative to the Order Book

In a crypto-economic trading platform: “The network becomes the exchange” Snapchat (ephemeral) bid-asks User-defined smart contracts Exchanges are regulated by the SEC and take years to gain approval.  Recently, the SEC has announced that all crypto exchanges are illegal unless they register with SEC. There are two key design principles informing a market design presented … Continue reading The Missing Piece in Crypto Exchange: A Decentralized Alternative to the Order Book