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General Discussion / Re: [MetaExchange] dev-metaexchange.monsterer development diary
« on: February 23, 2015, 03:48:14 am »Update time again!
Very close to adding a bitUSD market now - all the technology is in place, just need to get it set up. The architecture of metaexchange has evolved as well; it was always designed to run a daemon (which processes the actual orders) as well as the site itself with the daemon on a totally different piece of hardware from the site, but now there can be multiple daemons, in different locations around the world!
What this means is that we can start to build business relationships with 'liquidity providers', who will host one (or more) metaexchange markets. The API will route orders to whichever liquidity provider is running the market in which the trade is placed. This means zero counterparty risk for the liquidity providers and the same low to none risk for our customers!
Cheers, Paul.
Sounds awesome!! Curious.. who would be some examples of liquidity providers?