Hacker News new | ask | show | jobs
by tl_donson 1317 days ago
> On a DEX you can't even know if the person on the other end is a real person or not without going outside the chain.

why does it matter if the counterparty is a human?

1 comments

If I'm trying to arrange a trade on the exchange so I can get a pizza for my dogecoins, because the pizza guy says he only wants BCH and not dogecoins, and I would rather not pay double transaction fees just to buy a pizza, how do I know the other person is a real pizza chef and not a bot trying to scam me?