DEX is the first truly Distributed Exchange system
Peer to peer, distributed exchanges are possibly the most popular topic right now in the bitcoin community. Everyone holding a single bitcent or more seems to be so angry at the bottleneck caused by the exchanges that they’ve all decided to start their own distributed version.
I’ve literally counted dozens of attempts that they have started working on; and a few like BMOT and Metalair and even (uggh) Ripple have gotten some funding!
Well, not to be outdone, I’ve made my own whitepaper for a Distributed Exchange too:
I’m hearing so much good news about the growth & future of Bitcoin these last few weeks that I’m fully convinced that bitcoin has reached the critical mass it takes to ensure success. The mind boggles at how much good news is churning out each day in fact and how this news is going to effect the price of bitcoin… But then I start to wonder, why hasn’t the upward surge started yet?
The answer must be that only hardcore bitcoiners are hearing this stuff so far… The mainstream public is still trying to just wrap their heads around what bitcoin is, and frankly just isn’t ready to understand the significance of all these investments, laws, new services, and new vendors. That, and I probably don’t speak the language where most of the bitcoin news is being reported. Continue reading →