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A High Performance, Decentralized Cryptocurrency Exchange

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N Chainz

Centralized exchanges rely on trusting that their owners will take the proper security precautions. This has led to many incidents of stolen cryptocurrency adding up to billions of dollars worth of losses, and is a stark contrast to the decentralization of the rest of the space. On the other hand, decentralized exchanges have the potential to be much more secure: theoretically, users are not vulnerable to server downtime and hacks, and can retain anonymity.

We present N Chainz, a decentralized cryptocurrency exchange with a unique multi-chain architecture. We built N Chainz from the ground up, and included features such as block generation, limit orders, and the ability to trade a base token with another token. More details are included in our whitepaper.

System Overview

A system overview

Multiple Blockchains

A system overview

Web UI: Order Matching & Price Chart

A system overview

Setup

go get -d github.com/rsenapps/nchainz
go install github.com/rsenapps/nchainz

Usage

(from project root):
nchainz COMMAND [ARGS]

Account management

  • createwallet
    Create a wallet with a pair of keys
  • getbalance ADDRESS SYMBOL
    Get the balance for an address
  • printaddresses
    Print all adddreses in wallet file

Creating transactions

  • order BUY_AMT BUY_SYMBOL SELL_AMT SELL_SYMBOL ADDRESS
    Create an ORDER transaction
  • transfer AMT SYMBOL FROM TO
    Create a TRANSFER transaction
  • freeze AMT SYMBOL FROM UNFREEZE_BLOCK
    Create a FREEZE tokens transaction
  • cancel SYMBOL ORDER_ID
    Create a CANCEL_ORDER transaction
  • claim AMT SYMBOL ADDRESS
    Create a CLAIM_FUNDS transaction
  • create SYMBOL SUPPLY DECIMALS ADDRESS
    Create a CREATE_TOKEN transaction

Running a node or miner

  • node HOSTNAME:PORT
    Start up a full node providing your hostname on the given port
  • printchain DB SYMBOL
    Prints all the blocks in the blockchain
  • webserver PORT
    Run a webserver on the given port

Authors

License

The GNU Affero General Public License (see LICENSE)

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