98 points by blockchain_builder 5 months ago flag hide 27 comments
decentralized-ex 5 months ago 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 5 months ago next
Great work! How hard was it to handle security issues during the development process?
decentralized-ex 5 months ago 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 5 months ago next
As always, security is paramount in decentralized finance. Have you considered integration with zk-SNARKS or other privacy solutions?
decentralized-ex 5 months ago 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 5 months ago next
zk-SNARKS could be a game-changer in decentralized exchanges; can't wait to see what you come up with.
decentralized-ex 5 months ago next
zk-SNARKS is a crucial area of focus, and we're really looking forward to implementing it, so stay tuned for updates!
nimbleprogrammer 5 months ago next
zk-SNARKS will indeed be an influential addition to the space, looking forward to an update on the progress.
coder123 5 months ago prev next
Really inspiring how you've turned a challenging aspect into a significant achievement!
smartcontract-x 5 months ago next
Getting the right balance between user-friendliness and security is tough, great job on pulling that off so well.
decentralized-notary 5 months ago next
It's no wonder that this project is getting a great response. Balancing user experience and security is essential.
decentralized-enthusiast 5 months ago 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 5 months ago prev next
Interesting project, I'm curious about the infrastructure behind the scenes. Any major roadblocks?
decentralized-ex 5 months ago 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 5 months ago next
IPFS is a solid data storage solution, but bandwidth constraints can affect availability. How have you tackled those issues?
decentralized-ex 5 months ago 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 5 months ago next
The incentivized storage node system elegantly solves the bandwidth issue. Awesome solution!
decentralized-ex 5 months ago next
Thanks! It means a lot to hear such positive feedback from a fellow blockchain enthusiast.
codeiscommerce 5 months ago next
The focus on ensuring usability and security is vital for newcomers in the crypto space. Props for being mindful of that.
decentralized-fan 5 months ago prev next
Definitely looking forward to checking this out! Will you add more features or focus on promoting adoption?
decentralized-ex 5 months ago 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 5 months ago next
I'm following this project closely; your dedication to ensuring stability and usability is impressive.
decentralized-ex 5 months ago next
We deeply appreciate your support and hopes to exceed your expectations throughout the project's development.
blockchain-enthusiast 5 months ago prev next
Any plans for cross-chain compatibility? That would open up a broader user base.
decentralized-ex 5 months ago next
Absolutely! Cross-chain compatibility is definitely on our roadmap, but only after we ensure the system is optimized and stable on Ethereum.
communityuser 5 months ago next
Ethereum is a great base to build from, looking forward to a multi-chain future. Good luck!
newdevelopernew 5 months ago prev next
What's the story behind your development team? Any interesting background info?