Since Bitcoin and Binance, many engineers and traders have worked together to develop the cryptocurrency industry. While most traders only use CEXs (Centralized Exchanges), the trading occurs in silos. Each CEX and DEX (Decentralized Exchange) has its list of markets, but unlike in traditional finance, those markets are not global.
Blockchain has brought decentralized computation but has been far from being able to scale to what traditional finance is today due to the consensus algorithm that requires nodes to agree on the version of the state.
The Bitcoin network solved the problem of one-way decentralized payments.
The Yellow Network solves the problem of truly decentralized trading by swapping the assets of participants across different exchanges, bringing all of today's parties, exchanges, blockchains, and trading firms together to create a network of brokerages for a more efficient trading infrastructure.
Yellow Network embodies a decentralized Layer-3 peer-to-peer exchange network used for communicating and trading between brokers and aggregating liquidity of connected nodes.
Powered by state channel technology, it enables real-time settlement between brokers on top of a blockchain. This solution also enables cross-chain trading without the need to bridge assets.
Last modified 3mo ago
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