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Decentralized Exchanges
#81
Thanks Hugues. That is not truly decentralized or? Is the escrow system decentralized? (how can it be?) What will happen if Junior in your case does not confirm the transfer of Euros? What will happen with the Euros? It's not free to use a bank for transferring fiat to an account in another country
Cardano is the most promising 3 gen. crypto right now.


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#82
(2019-12-18, 01:50 PM)Carsten Wrote: Thanks Hugues. That is not truly decentralized or? Is the escrow system decentralized? (how can it be?) What will happen if Junior in your case does not confirm the transfer of Euros? What will happen with the Euros? It's not free to use a bank for transferring fiat to an account in another country

Yes the escrow is decentralized. It works with a DAPP (contract).
Indeed, if Junior does not confirm the receipt of his euros the BTC would stay in escrow for ever. He would be able to keep the euros without me receiving no BTC.
Question is: why would someone do that?

Maybe this is something to ask BISQ!
What is this thing that builds our dreams, yet slips away from us?

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#83
That sounds bad. It should not work that way of course. So it's decentralized but really not when it comes to fiat.
Cardano is the most promising 3 gen. crypto right now.


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#84
(2019-12-19, 01:24 PM)Carsten Wrote: That sounds bad. It should not work that way of course. So it's decentralized but really not when it comes to fiat.

Yes indeed. The one who finds a solution for decentralizing fiat payments is a hero. Till now I believe it's nearly impossible.
What is this thing that builds our dreams, yet slips away from us?

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#85
I don't think it's possible.
Cardano is the most promising 3 gen. crypto right now.


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#86
(2019-12-19, 10:23 PM)Carsten Wrote: I don't think it's possible.

Yes. No fiat is the solution.
What is this thing that builds our dreams, yet slips away from us?

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#87
What about this one:
https://medium.com/stellar-community/a-g...c46091a86f

https://www.stellarx.com/
What is this thing that builds our dreams, yet slips away from us?

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#88
Yeah stellar is great, but stellarx is not decentralized. You still need to sign up with them and trust them.

Good finding by the way.
Cardano is the most promising 3 gen. crypto right now.


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