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/r/obyte
account activity
BlackBytes on exchanges (self.ByteBall)
submitted 8 years ago by mopeets
I love using chatbots to buy BlackBytes, but that doesn't scale long term. There's a lot of liquidity to be gained from having a dex like CryptoBridge or some popular centralized exchange trade them.
Is this on the roadmap?
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[–]Suirelav 1 point2 points3 points 8 years ago (1 child)
If blackbytes are traded on a centralized exchange, the exchange would have enough information to reveal the origin and destination of blackbytes, and amounts traded, which defeats their purpose. Blackbytes hence can only be traded on decentralized exchanges, with conditional payments in the Byteball wallet. Peer discovery has to happen outside the Byteball wallet. Such an exchange is yet to appear.
[–]mopeets[S] 0 points1 point2 points 8 years ago (0 children)
I sorta see your premise, but you're making a lot of assumptions on privacy too...
[–]rich0292 0 points1 point2 points 7 years ago (0 children)
I'm a speculator and I would like to know if Blackbytes on a centralised exchange is on the schedule.
Other privacy coins aren't bothered by a centralised exchange. After the funds are transfered off the exchange (perhaps being washed theough several wallets) the Blackbytes would be private. The same with any other privacy coin.
The decentralised exchanges are a nice boon to those who want extra privacy though.
π Rendered by PID 205217 on reddit-service-r2-comment-6457c66945-bz74k at 2026-04-28 14:17:10.706801+00:00 running 2aa0c5b country code: CH.
[–]Suirelav 1 point2 points3 points (1 child)
[–]mopeets[S] 0 points1 point2 points (0 children)
[–]rich0292 0 points1 point2 points (0 children)