Decentralized Exchange App
A Decentralized Exchange made with ExpressJS and NodeJS
Videos
Description
concepts covered:
1. AMM (Automated Market Makers)
2. Liquidity pool
3. constant product formula is as follows x * y = k where the a varaible X represents the quantity of the assest in liquidity pools where as y represe
- Blockchain is very expensive whereas Directed acyclic graphs(DAGs) is faster and cheaper as well. Blockchain's Binance order is much realible when it comes to exchanging currency without any middleman i.e Banks
nts the quantity of the other assest.
Progress During Hackathon
We learned alot about real world exchanges and how we can avoid banks and have complete transparent exchanges/ transaction
Fundraising Status
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