Building a Decentralised Exchange with Don Mosites from AirSwap

Mr Obnoxious - Un pódcast de Peter McCormack

Categorías:

Exchange hacks have plagued Crypto markets since the infamous hack of Mt.Gox in 2014, which triggered a 2-year bear market. At the time, 850,000 Bitcoins were stolen at a value of over $450m, though today that would be over $8bn. Since then, other notable hacks have included the $72m stolen from Bitfinex, and $500m of NEM stolen from Coincheck, so far, the largest hack to date.

These crypto honeypots present an attractive opportunity for skilled hackers and probably the most significant fear for exchange operators. Users are at risk too, Buyers and sellers have to balance the convenience of holding coins on an exchange with the risk of a hack. Often, once a hack has been made public, you will see a flurry of Twitter posts saying "This is why you shouldn't keep your coins on an exchange."

The nature of exchange risk has led to the emergence of decentralised exchanges, such as EtherDelta, IDEX and 0x. And while not a true exchange, the team will explain they are a marketplace, Airswap has thrown its hat into the ring with the launch of their platform.

In this interview, I talk with Don Mosites, the engineering side of the co-founding team about the launch of the platform and the challenges they face with security, liquidity and market maker pricing.

-----

Connect with Don:
- Twitter @dmosites
- Medium
- AngelList

Airswap:
- https://www.airswap.io/

Interviews with Don:
- nblocked Events: Tokenization and ICOs: An Interview with Don Mosites, Swap Protocol
- YouTube: Swap Protocol Interview with Don Mosites and Michael Oved

Exchange Hacks:
- Mt.Gox
- Blockgeeks: 5 High Profile Cryptocurrency Hacks
- Fortune: How to Steal $500 Million in Cryptocurrency
- Bitfinex

Decentralised Exchanges:
- Hackernoon: Understanding Decentralized Exchanges
- The Market Mogul: How Decentralised Exchanges Can Prevent Crypto-Exchange Hackers
- The Mission: Decentralized Cryptocurrency Exchanges: A Comprehensive Overview

-----

If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:

Become a Patron and get access to shows early or help contribute

Leave a review on iTunes

Share the show and episodes with your friends and family

Subscribe to the newsletter on my website

Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube

If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Visit the podcast's native language site