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Unless I misunderstand you, I think you need to look into the “automatic market maker” concept. Their paper is the best source to cut through the chatter: https
by jl2718 5y ago
Unless I misunderstand you, I think you need to look into the “automatic market maker” concept. Their paper is the best source to cut through the chatter: https://uniswap.org/whitepaper.pdf https://uniswap.org/whitepaper.pdf
- jqpabc123 5y agoI haven't looked at their paper but I think I understand the concept. Algorithm or not, they are just a little fish that can't possibly do very much to alter the direction of a marketplace whale they don't control. The only way for this concept to have any real overall significance is if they establish their own separate crypto and be the only "market maker" for it. But then this is "centralization" all over again.