3 Comments

Was revisiting Serum and remembered your comment here "his not-actually-decentralized exchange". Was wondering what that is based upon?

I am not a Serum fan. Just trying to understand it more.

From Crypto Briefing:

"The DEX will run on a central limit orderbook, but will still operate in a trustless manner."

From The Tie:

"These order books aren’t centrally controlled, they are fully programmatic as they automatically match orders between third party users through the use of smart contracts."

So could it be that, yes there is a 'central' orderbook, but it is not centralized and is actually trustless?

Expand full comment

Was revisiting Serum and remembered your comment here "his not-actually-decentralized exchange". Was wondering what that is based upon?

I am not a Serum fan. Just trying to understand it more.

From Crypto Briefing:

"The DEX will run on a central limit orderbook, but will still operate in a trustless manner."

From The Tie:

"These order books aren’t centrally controlled, they are fully programmatic as they automatically match orders between third party users through the use of smart contracts."

So could it be that, yes there is a 'central' orderbook, but it is not centralized and is actually trustless?

Expand full comment

Was revisiting Serum and remembered your comment here "his not-actually-decentralized exchange". Was wondering what that is based upon?

I am not a Serum fan. Just trying to understand it more.

From Crypto Briefing:

"The DEX will run on a central limit orderbook, but will still operate in a trustless manner."

From The Tie:

"These order books aren’t centrally controlled, they are fully programmatic as they automatically match orders between third party users through the use of smart contracts."

So could it be that, yes there is a 'central' orderbook, but it is not centralized and is actually trustless?

Expand full comment