Jack Dorsey Discusses Square Building a ‘Bitcoin-Native’ Dex Platform, Projec...

Jack Dorsey Discusses Square Building a ‘Bitcoin-Native’ Dex Platform, Projec...

On Friday, the CEO of Twitter and Square, Jack Dorsey talked about the decentralized exchange Square is constructing called “TBD” or the “TBD BTC DEX.” First mentioned in July, Dorsey tweeted that the company has “determined [TBD’s] direction and he also shared a Twitter thread written by Mike Brock, the TBD lead at Square. Jack Dorsey and Mike Brock Share TBD’s ‘Direction’ Jack Dorsey has been talking an awful lot about the next steps Square has been taking in order to craft a hardware wallet and decentralized exchange (dex)....


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Jack Dorsey discusses plans to build a decentralized exchange for Bitcoin

First announced in July, Square's TBD unit is developing a "non-custodial, permissionless, and decentralized financial services" business whose "primary focus is Bitcoin." Square CEO Jack Dorsey said that the platform’s latest Bitcoin venture would be developing a decentralized exchange. In a Friday tweet, Dorsey said that TBD — either referring to the fact the business’ name is to be determined or simply the name itself — would be focused on building a decentralized exchange for Bitcoin (BTC). According to project leader Mike Brock, TBD, a unit of Square, is aiming to “make it easy to....