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Implementing AMMs was new to me. I hadn't seen that before.
by landemva 4y ago
Implementing AMMs was new to me. I hadn't seen that before.
- woah 4y agoHN doesn't want to talk about technology on this subject
- cuteboy19 4y agoThe technology is just a front, marketing material. It's not meant to be taken seriously. Even most crypto investors have the same mindset
- wmf 4y agoAFAIK AMMs are a workaround for the fact that Ethereum smart contracts are too slow to implement a normal order book matching engine.
- TrapLord_Rhodo 4y agoI didn't mean any of the tech in crypto isn't new, I'm bullish on the ecosystem in general. Was simply saying paying for market share is nothing new. However, AMM's are not new to crypto. The only thing new about crypto AMM's is that plebs like me can invest in them. Usually they are reserved for the wealthy elite, where back room deals and orderflows are handshakes instead of smart contracts. However, it is still technically illegal for US plebs to access AMM's(Non-accreddited).