Goodbye Centralization, Hello DEX
The dlux DEX (Decentralized Exchange) offers no information asymetry or central control
DLUX has pioneered a method to cooperate via HIVE and provide liquidity while being decentralized in every sense of the word: Open source and self-incentivizing, holding it's own keys collectively between it's users.
What to expect
Trades are atomic swaps, meaning these are smart contracts holding crypto that you can buy for exactly the listed price. This exchange will over collateralize escrow transactions and pay for these transactions upon completion from an inflationary source.
Preventing double spend
The last irreversible block is used to verify transactions. That means your account may not be credited with Hive until 2-3 minutes from purchase time. Trust metrics will be maintained, fees and minimums may be enforced by some nodes depending on volume conditions. Choose which accounts you entrust with your escrow transactions.
The DLUX node network
Achieve consensus for more than just dlux token balances. Using nodes as oracles, concensus is maintained for any outside data as well. The most trusted nodes are elected to hold some owner authority over community controlled accounts, allowing them to provide services like Account Creation Tokens, or IPFS content pinning.