Comment by tcgv | Hacker News Reader

Comment by tcgv | Hacker News Reader

Parent Full thread

I have been keeping up with the developments in the crypto space from the outside for the past few years.

Never really invested in any currency as it always felt too risky / speculative for my taste.

It wasn't until last year with the upcoming of DeFi (Decentralized Finance) that I decided to get involved somehow, instead of just watching innovation happen. I also think this really has a lot of potential.

So I started investing my free time for building an experimental decentralized options exchange [1] in order to develop myself / become qualified in this field.

Worst case scenario I end up with a cool project on GitHub that never took of but provided me an awful lot of knowledge and some new friends.

[1] https://github.com/TCGV/DeFiOptions

> 1] https://github.com/TCGV/DeFiOptions

so you _did_ end up buying a boat load of ethereum i presume?

Not yet. For now the project "alpha" version is only deployed on Kovan testnet, in which ETH is free.

When I started coding this project ETH price was around US$ 500, and gas prices around ~40 Gwei, making it feasible to launch the project on mainnet without much hassle using my own funds.

Since then ETH has gone up to the roof. Now ETH is ~US$ 1900 and gas price ~150 Gewi, making it 14x more expensive to launch.

I'm still evaluating if I should launch on ethereum mainnet or in a different solidity compatible blockchain (ex: Binance Smart Chain, Avalanche) once the project reaches a beta version due to the cost of deployment.

In the project main page I ask for donations for covering deployment costs [1], but so far I was unable to secure any funds.

[1] https://github.com/TCGV/DeFiOptions#support-mainnet

Thanks for sharing! I'm curious what you use to generate the high quality diagrams for the readme and on your blog.

You're welcome !

I use draw.io [1] for technical diagrams (ex: flowchart, UML, etc) and Google Drawings [2] for more generic diagrams (ex: system designs).

[1] http://draw.io/

[2] https://docs.google.com/drawings/

It looks like draw.io - or at least this would be easy to do with that.

Impressive!

Thanks!

Amazing, love this idea!

Thanks man!

Reply on news.ycombinator.com