min to read

2019-09-14 16:04:50




News

"Regulate anything": P2P exchange hodl hodl will open its source code

The P2P exchange for the sale

min to read

2019-09-14 16:04:50

The P2P exchange for the sale and purchase of bitcoin Hodl Hodl will open the source code. This will allow everyone to create their own P2P trading platform. CTO Roman Snitko stated this during the Baltic Honeybadger conference.

The P2P exchange for the sale and purchase of bitcoin Hodl Hodl will open the source code. This will allow everyone to create their own P2P trading platform. CTO Roman Snitko stated this during the Baltic Honeybadger conference.

 

Reasons for the decision:

 

  • Projects close and the code is lost.
  • Developing an exchange from scratch is a very expensive business;
  • Everyone has the right to manage the exchange;
  • Hodl Hodl ?ode tested for field vulnerabilities;
  • Debugged user interface with support for many languages.

 

"We are developers, we love code. We are not killers connected with the regulators. We don't like KYC/AML."

 

The decision, Snitko added, was a response to the question of how Hodl Hodl would remain a non-castodial exchange when everyone around was subject to regulators.

 

"The code is open. Regulate anything. No one can give orders to code."

 

What language is Hodl Hodl written in. The backend is written in Ruby, the frontend is in JavaScript. Single arts are in Dart.

 

When the code is to open. Most likely, by the end of the year. Developers need to clean it up.

 

Who can use the code. Hodl Hodl will distribute the code under an opensource license. Anyone can create an exchange.

 

 

Snitko also introduced an API with multi-signature support for the automatic implementation of bitcoin and the Lightning Network in any application.

 

It should be mentioned that from September 1, new verification rules have been launched at LocalBitcoins.

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