/biz/ - Business & Finance

>>26183059
>>26183274
This is STRAIGHT from the CTO of Bitfinex in late November:

https://twitter.com/paoloardoino/status/1309499845925679104?s=21

>1. I believe that DEXes are a key component for the future of crypto, but current DEXes are easy targets (as in liquidity providers, token holders, companies promoting the product, eventually will cash out from CEXes) hence their best feature to me is being non custodial.

>2. But then you can still have non-custodial solutions with central high perf matching

>3. If you want to have a real DEX it has to be P2P, with a network structure similar to #LightningNetwork You can still have central matching and P2P settlement and thousands of micro-exchanges.

>4. @bitfinex is working to provide a standardized interface to centralised matching for non-custodial exchanges. This is the next frontier.

>5. Then if you want to build the next unstoppable underground cyberpunk DEX I'm with you. Why it is not born yet such product? Because in order to make it unstoppable it won't generate profits for the developers but just for who runs a micro exchange node.

Everything he describes here aligns with XSN. He then proceeds to get several replies from XSN shills on twitter detailing the project.

Granted, we already had an anon here at the start of september claiming the XSN devs have a 'deal behind closed doors with a top 10 CEX to pull billions of $ in volume through the DEX'....

More 'larp' posts drip feed over the months, including one in november that claims a deal was reached in early september and they were under NDA, so they couldn't discuss it. If we search the discord history, we see the devs refer to the fact that they are under NDA several times...

Then we can start looking at Bitfinex and it's history, its ownership, and see why it's owners would clearly be very motivated to possess the utility that Stakenet will provide.

>>26131743
1/2

>>26099127
4. @bitfinex
is working to provide a standardized interface to centralised matching for non-custodial exchanges. This is the next frontier.