Note: this article is now at least two years old and may contain serious errors.

Coinbend: A Peer-to-Peer Cryptocurrency Exchange

When I first created my decentralized exchange I wrote a whitepaper that introduced several new concepts.

  • Green addresses (a way to do blockchain key management with high security -- https://keys.casa uses the same technique.)
  • Crypto-asset trading with minimal trust and only standard transactions (using micro-payment channels)
  • Time-locked refunds without nLockTime (using https://roberts.pm/timechain)
  • Peer-to-peer networking (using https://github.com/StorjOld/pyp2p)
  • A (broken) decentralized order book

You can read the original paper here: https://github.com/robertsdotpm/coinbend/blob/master/server/www/whitepaper.pdf