Michael Oved and Don Mosites are Co-Founders of AirSwap – a decentralized cryptocurrency exchange.
Michael is a veteran algorithmic trader and mathematician. Don is a former Google employee, serial entrepreneur, product designer, and full-stack engineer.
In this episode, we discuss:
–What the design of a decentralized cryptocurrency exchange looks like
–The advantages of decentralized vs. centralized exchanges
–And we touch on issues like front-running by miners in traditional blockchain ecosystems
[01:00] – Who is Michael Oved, who is Don Mosites, and what’s AirSwap? Introduction and overview
[03:07] – How Michael stumbled across Ethereum at a futuristic music festival in Las Vegas
[06:03] – What is algorithmic trading?
[10:56] – How Don became an entrepreneur, his stint at Google, and his eventual entry into the world of Ethereum
[16:40] – An overview of the AirSwap project
[21:32] – Some of the key benefits of a decentralized exchange
[25:34] – The AirSwap whitepaper, order books, and the Swap protocol
[29:38] – A brief overview of front-running in traditional centralized exchanges
[35:10] – More details on the Swap protocol (makers, takers, oracles, and smart contracts)
[41:00] – How will a decentralized exchange impact speculators?
[43:36] – The Air token and the AirSwap token sale
[46:55] – Industries the AirSwap founders believe will be disrupted by Blockchain
[30:04] – What Michael and Don are most excited about in the Blockchain space outside of their own project
[49:21] – Don’s advice to entrepreneurs and startups looking to innovate with Blockchain
[51:43] – Don and Michael’s prediction on where Bitcoin and Ethereum will be in 10 years
[56:57] – How to get in touch with the AirSwap team
[59:00] – Conclusion
– Joseph Lubin and Consensy
– Google Neural Net DeepDream project
– iNet (NASDAQ precursor)
– Orderbook – a public location where people can trade
– Island ECN (created order books – NASDAQ precursor)
– HTTP RPC
– Jamie Dimon’s statement
– AirSwap whitepaper
– AirSwap website
– Telegram link