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Improving CEXes with payment channels Using Layer2 tech to address fraud with Kamen Angelov
Ethereum DenverSat, Oct 7, 2023, 12:00 AM
With the recent collapse of yet another centralized exchange, there is a clear need to improve the opaque, custodial nature of CEXes. We describe how this can be done using Layer2 tech (payment channels) without sacficing their advantages over DEXes. We describe the architecture of such a system using the Kchannels payment channel system as well as the additional software that would need to be built. Kamen Angelov Chief Architect Kchannels Maurycy Pietrzak Co-founder Kchannels I am a cofounder of the Kchannels project. I was previously cofounder of Infura. https://twitter.com/maurycy