January 2020
Intermediate to advanced
530 pages
11h 11m
English
Content preview from Blockchain Development for Finance Projects
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Building a Decentralized Trading Exchange
This chapter deals with building a decentralized trading exchange using a private Ethereum blockchain. Traditionally, trading exchanges require an authority who will facilitate the trade between the buyers and the sellers. This authority will post the buy offers and sell offers from all the traders in a single platform, where they are visible to all the participants. This platform is referred to as the orderbook. Traders can trade against the offers that are posted on the orderbook.
In this chapter, we attempt to decentralize or basically remove the authority that manages the orderbook from the picture. The decentralized exchange will still have an orderbook, except it will be managed by a smart contract ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.