Is a Decentralised Exchange possible on Cardano-CL?

[CashMeOutside]

Will I be able to build a decentralised exchange on Cardano CL?

[vantuz-subhuman]

@CashMeOutside

Will I be able to build a decentralised exchange on Cardano CL?

Yes. There’s nothing known for now that would stop you from doing this.

You can also read this whole topic and think of a decentralised exchange as the same kind of functionality but just a lot more complex:

Cardano CL and Peer-to-Peer Trading

I’ve only been looking at this space over the past few months. So I apologize for the newbie question. Once Cardano CL is up and running, can I write a smart contract template with a multisig component to do Peer-to-Peer/OTC trading. For example, lets say I wanted to buy a large amount of ADA direct from someone on the forum to avoid all the games on the exchange. We would decide price, volume, and pair to use - Eth or BTC. Then a smart contract would be written that would execute once both…

[Vashen]

Start an ICO @CashMeOutside

[Risus76]

Perhaps this will be very much needed sooner than later given the recent news: Ethereum falls on report second-biggest cryptocurrency is under regulatory scrutiny. https://www.cnbc.com/2018/05/01/ethereum-falls-on-report-second-biggest-cryptocurrency-is-under-regulatory-scrutiny.html

[vantuz-subhuman]

@Risus76

Perhaps this will be very much needed sooner than later given the recent news

Afaik, Charles was talking about a default DEX being a part of Cardano platform, so might happen in the near future )

[CashMeOutside]

@vantuz-subhuman

Charles was talking about a default DEX being a part of Cardano platform

I did not know that.

Don’t suppose you have a link - no worries if not.