Nash it 
This is great news. Love it. Keep up the great work guys and stay safe and healthy!
A pretty cool milestone in crypto space! Although this milestone won’t be recognised until months or if bad luck years later.
Congratulations Nash team!
Is there anything new about it?
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Have there been any complications? An update would be nice.
Oh 
hold on 
there is emoji badge 
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This is great.
I have a question. Since NASH is DEX, is every trade recorded in the Blockchain? If it is then, wont the transaction fees for every trade be prohibitive for big players to participate.
Just my thoughts.
Nash is based in state channels, so not every trade is recorded in the blockchain - that is exactly a solution to fees and latency issues.
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In what way nash uses state channels?
Each user opens a state channel with the exchange or a state channel with each other?
state channel with the exchange
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Do we honestly have to wait until the quarterly report until we finally hear what is now with the BTC integration? 
Congrats Nash peeps … we know development takes longer that you think sometimes 
we’ve had our share of that over here at Guardian Circle. And even after you release, it can take some time to see uptake … we’re only now starting to see this (article from yesterday): https://cointelegraph.com/news/surge-in-crypto-emergency-app-downloads-due-to-covid-19
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There is no secret @fischdenflo, if no major issues are found after intense testing it will be open. So far since the deploy on Friday no major issue has been found.
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even without watchtower nodes scanning mempools … we can be sure of no UTXO double spend attempts after 1 block confirm.
unless bitcoin is 51% attacked and Nash has been receiving reversible bitcoin deposits ?
anyone help me out here ?
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3 confirmations might be a viable minimum but less than that is a little too risky.
see;
https://www.buybitcoinworldwide.com/confirmations
or
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Everything is about probability. 100% certainty can never be obtained in theory; however in practice a certain number of confirmations is considered as 100% certainty (generally 6).
For an exchange, I think there is a subtle compromise to find between risk and user experience.
If 3 confirmations give you 99.99% certainty, and 1 confirmation gives you 99.9% certainty, but at the same time lowering the number of required confirmations from 3 to 1 increases traded volume by 5%, it might be worth it to take the risk.
I guess that’s how Binance achieves 1 confirmation on deposits and 2 on withdrawals.
To add on that approach, mitigating the risk by laddering confirmations depending on the amount could help (ie: $1000 amount requires 1 confirmation, $100k 3 confirmations, $1M 6 confirmations).
In Nash’s case, the equation could be much more complex due to its state channel architecture, but I have absolutely 0 knowledge about that!
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thnxs
Seems inescapable with BTC. U could allow for trading to commence on 1 btc confirm but then lock the channel for both parties until 6 confirms (or whatever) … so many variables … nightmare to mess with it.
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Congratulations to your team. Excited to see where this will go. Looking forward to fiat ramps opening up in other regions.
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