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cover of episode Swap Protocol – A Decentralized Crypto Exchange

Swap Protocol – A Decentralized Crypto Exchange

2017/7/14
logo of podcast Finding Genius Podcast

Finding Genius Podcast

Shownotes Transcript

It seems like an impossible trade-off: how do you make a marketplace that people can go to—coordinate on—and yet that is decentralized? Here to answer that question are Don Mosites and Michael Oved of Swap Protocol. There are three primary components of their protocol. There's the discovery of tokens—being able to find the tokens you want to buy or sell; there's the pricing; and there's making the trade. There's no third party. People who are buying are connected to people who are selling, say, Ethereum. Then, they just submit the trades to the Blockchain. To learn more about the Swap Protocol, hit play. Subscribe, review, and if you can, consider donating some Bitcoin to the cause.