Omnidex 1.0 Takes Bitcoin Blockchain Principles as a Decentralized Crypto Exchange
The Omni Foundation, developers behind the Omni Layer, the largest asset layer built on top of and secured by the Bitcoin blockchain have released OmniDex 1.0. The developers proclaim it as the “first true decentralized” cryptocurrency exchange. OmniDex also allows for the trustless exchange of assets between five of the top 25 crypto assets, with no counterparty risk. With no human component and complete automation, OmniDex 1.0 sees the launch of a completely trustless cryptocurrency exchange, in contrast to centralized exchanges such as the now-defunct MtGox as well as leading exchanges....
Related News
Last week, the Omni Foundation announced the release of the OmniDex 1.0, a trustless cryptocurrency exchange. The Omni Foundation claims that their exchange is the first of its kind, bringing truly-decentralized trading through a platform that “has no human component.” The purpose of this exchange is secure and trustless trading; OmniDex wants people to be able to buy and sell without getting “Goxxed.” OmniDex users will be able to buy and sell six of the top 36 tokens built on the Omni protocol:
Bitcoin crossed the $11,000 threshold, central banks enumerate "core principles" for a CBDC, Coinbase sees 60 employees walk.
In denouncing Bitcoin’s proof of work and Decentralized Identifiers, Mozilla’s Tantek Çelik undermines the W3C’s own ethical web principles.
Bitcoin.com recently chatted with the Omni Foundation’s Patrick Dugan about the project Omni Layer. Omni has launched another release cycle of the Omni Layer platform. The platform creates a layer over the Bitcoin blockchain, enabling various use cases for asset trading and creation. Omni Layer and Blockchain-Based Bearer Bonds. In the interview with....
A study of how exactly Bitcoin’s principles are represented in the 2004 book by Tom Hodgkinson.