Saturday, 5 January 2019

Stock markets coming to crypto. D.exchange on ethereum. Bch smart contracting ?

Ok.i have a serious question regarding the new d.exchange on ethereum

APPL stock is traded on NASDAQ and it's value is determined from the order book of NASDAQ.. say for instance, APPL stock price is trading at a spot rate of 30usd there

Now NASDAQ and tradition markets work Monday to Friday. Lunch breaks off and timings from 930 to 330pm . There is no trading after these hours and the price of APPL doesn't move ( in these off hours) ..

Now crypto trading is 24/7. And no off days . So order book will keep adjusting spot rate .

Now what happens at d.exchange? Will it follow price Oracle from NASDAQ for APPL or will it determine its own spot rate for APPL if the volume increases there too much..?..

.................

Bch smart contract capability should be enhanced to capture this next wave of crypto adoption given the fact that bch can scale much better than ethereum..

submitted by /u/mohtasham22
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source https://www.reddit.com/r/btc/comments/acsqvi/stock_markets_coming_to_crypto_dexchange_on/

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