This article was first published on Komodo
This series of posts is the Tech Tuesday Blockchain Developer Update and this post is about decentralized margin trading. Along with Komodo’s Five Bullet Fridays weekly newsletter, Tech Tuesday Blockchain Developer Update is another weekly piece of content to look forward to.
In case you’ve missed a previous edition and want to catch up, you can find all the previous Tech Tuesday updates here.
Decentralized Margin Trading Game Announcement
It’s now time to turn the building blocks of Antara Modules into a public game! In week 16 of the Tech Tuesday blockchain developer update, Komodo introduced synthetic positions & prices derived from decentralized trustless oracles that can now determine prices and provide a market feed for publishing on-chain.
The trustless oracles provide the ability to create prices of stocks, forex and other cryptos relative to any supported unit. For instance, the AAPL stock in BTC price or in KMD price can be created synthetically. This price is created using decentralized price fetching and decentralized price validation. A true trustless pricing oracle enforced by network nodes verifying the price feeds so the validation rules are followed.
That’s the fintech blockchain component of the game. Other aspects of the game include solutions to other blockchain problems solved by the Antara Framework.
- The mechanism for anti-spamming an Antara Faucet module is applied to stop abusing the broadcasting of liquidation transactions.
- The concept of an autonomous (no controlling entity) “house address” from the Antara Dice module (a simple blockchain betting game chain). This controls the margin trading house’s autonomous account.
The RPC methods for playing this game via API are at the bottom of this article, anyone can create an interface or scripts to play.
Community Crypto Margin Trading Game Built Using Antara Framework
This game utilizes several technologies to create the ...
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