Started working on a p2p platform for about 2 months now and I keep seeing new instant swap popping up every few weeks, so I started thinking to just abandon the project and focus on something else. What do you guys think?
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Reconsidering Building a P2P platform for monero
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p2p platform is the way on the long run tho...
swap exhanges, regular exchanges... they come and go
exch.io went gone
fixedfloat delisted then relisted but fuck them
then on the exchanges, wtf even happened to cryptopia or whatever it was? recently tradeogre went gone [...]
one of the goal of monero is already censorship resistance or whatever, due to its decentralized p2p nature
haveno, if a network gets taken down, an other one could be launched and so on
for decentralized p2p marketplace thing there is neroshop that been a work in progress for 5+ years at this point:
https://github.com/layters/testshop
i mean, it's a pretty massive undertaking to build a p2p platform from scratch, then the whole gotta be audited properly, cause it's still people's finances that's involved then the code must all be secure and audited and whatnot...
and one of the tough thing to implement properly is proper moderation tools, considering the decentralized nature of those technologies...
like, yea, it alot T_T
so idk, the swap exchanges popping up shouldnt affect your work imo
it's different technologies
they're the convenience that we have as of today
but decentralized p2p is the way to go on the long run
Competition is good, it shows there is money to be made. But the problem with P2P is they benefit from more users on a single platform. Instant swaps can come and go every day and it doesn't matter because you're trading against the exchange, not people.
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does it do something that the other platforms lack? how far along are you in simple terms? can you release it as an open source template so others could benefit even if you're no longer interested in maintaining it?
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@comfy Thanks for the encouraging words and the tip.
people's finances that's involved
That is exactly what I'm trying to overcome. Nobody would trust me with their money, so I decided to make the platform in such a way that I don't need to hold any XMR.
@avarice It doesn't fully work and releasing the source in it's current will probably ruin my reputation.