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RE: 3 Things To Learn From Today's Coincheck Hack

in #crypto8 years ago

In general, this HACK is a terrible thing.
But...as we have a saying here: "There is nothing BAD, which will no turn into GOOD".
This may give a big push to the progress of the decentralized exchanges. Quite a few are just "around the corner" . And I mean the TRUE decentralized creation.

Which must have every of the four major components decentralised
*Capital deposits
*Order broadcast
*Order matching
*The exchange of tokens

Add to this a true "Atomic swaps between different coins" , + NO registration/KYC - and you get how I imagine the next level of (decentralized) exchange .
And it is comin. Coming soon. This spring. After three years of stealth development.

It's name is #Blocknet. They call it

"The Internet of Blockchains"