CZ Wants a Dark Pool DEX to Hide Trades and Outsmart Bots - adtechsolutions

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CZ Wants a Dark Pool DEX to Hide Trades and Outsmart Bots


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Changpeng “CZ” Zhaofounder of Binance


$ 6.8



There is suggested a new type of decentralized trading platform This would retain the user activity hidden.

His idea is that Create a system in which they trade, deposits and positions are not visible to the publicwhich aims to prevent certain trading tactics that exploit the exposed data, especially in high -influenced markets.

In a 2. June post on xZhao wrote that “now maybe it’s a good time for someone to launch a dark pool perp dex.”

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He explained that it always seemed strange to him that the decentralized exchanges (Dexs) show each order in real time. The question is deteriorating with the eternal future, financial contracts that do not expire, because they include higher risk and can be more easily targeting.

Zhao also noticed a key difference between centralized and decentralized exchange. Centralized hiding who is behind each store but on decentralized platforms,, Shops are related to visible wallet addresses.

The result is that People who use these platforms often get up prices, face more slid and pay higher expenses. Zhao said this problem could be reduced by the construction of a system in which trade data is hidden during the trading process and shown only after everything is resolved.

He suggested Using encryption tools, such as evidence of zero knowledge, in order to maintain trade data private while still allowing platforms to function properly.

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After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
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