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BiblePay Current Discussion / Re: BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes)
« on: January 13, 2025, 03:21:19 PM »
As promised, one small update first:
The technical hurdles were solved for atomic trading (IE the hard stuff, the punchlist of 35 items) etc. But there is one technical issue holding up my progress, so we need another 7 days before testnet is ready; but I think overall its good and on schedule for testing soon.
I wanted to also comment on one of the prior comments that I made:
The huge advantage to having a decentralized DOGE exchange in the wallet is that it is equivalent to being listed on every exchange in the world. Someone asked why. Thats because first of all, DOGE is listed EVERYWHERE. So this is similar to 'virtually' being listed on the top 10 exchanges - think Binance, HitBTC, Coinbase, etc. Of course as mentioned, there is no real volume in the wallet so no, we have no trading volume or real liquidity in the wallet yet. But otoh, you can trade in and out of DOGE, meaning that I can trade out in Kenya, India, US, anywhere. Thats quite amazing, isnt it?
Finally, I noticed Bololex came back on and I was able to withdraw BBP successfully. Great news, no funds are lost for our users!
The technical hurdles were solved for atomic trading (IE the hard stuff, the punchlist of 35 items) etc. But there is one technical issue holding up my progress, so we need another 7 days before testnet is ready; but I think overall its good and on schedule for testing soon.
I wanted to also comment on one of the prior comments that I made:
The huge advantage to having a decentralized DOGE exchange in the wallet is that it is equivalent to being listed on every exchange in the world. Someone asked why. Thats because first of all, DOGE is listed EVERYWHERE. So this is similar to 'virtually' being listed on the top 10 exchanges - think Binance, HitBTC, Coinbase, etc. Of course as mentioned, there is no real volume in the wallet so no, we have no trading volume or real liquidity in the wallet yet. But otoh, you can trade in and out of DOGE, meaning that I can trade out in Kenya, India, US, anywhere. Thats quite amazing, isnt it?
Finally, I noticed Bololex came back on and I was able to withdraw BBP successfully. Great news, no funds are lost for our users!