CryptoSlate recently had the opportunity to chat with Ethan Fast, the CTO and co-founder of Nash Exchange, a self-custody DEX that has been gaining solid traction and attention over the past few months.
In our interview, Ethan shares how he got started in crypto, what led him to start Nash, the challenges of building a quality user experience for crypto users and where he sees the blockchain industry going in the next few years.
It's always possible to break things down in different ways, but I'd say our first milestone was the public sale of our Nash Exchange security token in 2018.
We are the first exchange to demonstrate non-custodial, cross-chain trading of assets and tokens that live on different blockchains with performance on par with centralized exchanges.
In almost every exchange that people use today, if you want to trade a cryptocurrency, you must give custody of that asset to an exchange.
What are the benefits of using Nash as opposed to other exchanges?
EF: Self-custody, combined with similar performance and liquidity to centralized exchanges, is the biggest reason you should use Nash right now.
So you should use Nash if you want to control your assets and trade on an exchange that has a good user experience.
What are the biggest challenges of building a product and functional user experience for crypto users?
You need to be faster than 0.1 seconds for a user to feel that something is instantaneous, after 1 second a user's thoughts begin to be interrupted and after 10 seconds it is quite difficult for a user to remain focused on a task.
Nash CTO talks the benefits of trading on a self-custody DEX and challenges of building a user experience for crypto
gepubliceerd op Nov 16, 2019
by Cryptoslate | gepubliceerd op Coinage
Coinage
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.