Ask HN: How would you design a crypto exchange?
Seeing how FTX forced themselves into a liquidity crunch, how would you go about designing a safer, "sound"-er cryptocurrency exchange?
What technology would you use? What best practices would you adhere to? What algorithms might would you employ to safeguard your positions?
1 comment
[ 2.8 ms ] story [ 28.2 ms ] threadExchanges have all the downsides of both fiat and crypto currencies.
Every exchange is a hack away from collapse.