{"id":331347,"date":"2021-08-27T23:45:00","date_gmt":"2021-08-27T20:45:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/jack-dorsey-discusses-plans-to-build-a-decentralized-exchange-for-bitcoin\/"},"modified":"2021-08-27T23:45:00","modified_gmt":"2021-08-27T20:45:00","slug":"jack-dorsey-discusses-plans-to-build-a-decentralized-exchange-for-bitcoin","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/jack-dorsey-discusses-plans-to-build-a-decentralized-exchange-for-bitcoin\/","title":{"rendered":"# Jack Dorsey discusses plans to build a decentralized exchange for Bitcoin"},"content":{"rendered":"<p>&#8220;<strong># Jack Dorsey discusses plans to build a decentralized exchange for Bitcoin <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDgvNGRjM2U1ZTUtODBhNy00NThkLWExNTMtOWIwMTgxNTdkODcxLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Square CEO Jack Dorsey said that the platform\u2019s latest Bitcoin venture would be developing a decentralized exchange.\u00a0<\/p>\n<p>In a Friday tweet, Dorsey <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/jack\/status\/1431320761474617344\">said<\/a> that TBD \u2014 either referring to the fact the business\u2019 name is to be determined or simply the name itself \u2014 would be focused on building a decentralized exchange for Bitcoin (BTC). <\/p>\n<p>According to project leader Mike Brock, TBD, a unit of Square, is <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/brockm\/status\/1431319755055513610\">aiming<\/a> to \u201cmake it easy to fund a non-custodial wallet anywhere in the world through a platform to build on- and off-ramps into Bitcoin.\u201d The business said it wants the decentralized exchange to be \u201cBitcoin-native, top to bottom,\u201d as well as completely open-source and permissionless, with \u201cno foundation or governance model that TBD controls.\u201d<\/p>\n<p>\u201cOur idea for the fiat DEX is something the enduser shouldn&#8217;t even need to know is there, and any wallet or service can integrate with,\u201d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/brockm\/status\/1431333614923370498\">said<\/a> Brock, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/brockm\/status\/1431328746091343873\">adding<\/a> the exchange would be in compliance with Anti-Money Laundering and Know Your Customer laws. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Bitcoin is key to the future of <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>, Jack Dorsey says<\/em><\/strong><\/p>\n<p>Dorsey announced in July Square was developing a \u201cnon-custodial, permissionless, and decentralized financial services\u201d business whose \u201cprimary focus is Bitcoin.\u201d The unveiling of the TBD project followed Square saying it would be exploring the development of an open-source BTC hardware wallet. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/jack-dorsey-discusses-plans-to-build-a-decentralized-exchange-for-bitcoin\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Jack Dorsey discusses plans to build a decentralized exchange for Bitcoin &#8221; Square CEO Jack Dorsey said that the platform\u2019s latest Bitcoin venture would be developing a decentralized exchange.\u00a0 In a Friday tweet, Dorsey said that TBD \u2014 either referring to the fact the business\u2019 name is to be determined or simply the name&#8230;<\/p>\n","protected":false},"author":1,"featured_media":331348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDgvNGRjM2U1ZTUtODBhNy00NThkLWExNTMtOWIwMTgxNTdkODcxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74877,74868,117,73952,10401],"class_list":["post-331347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-decentralized-exchange","tag-defi","tag-business","tag-jack-dorsey","tag-twitter"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/331347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=331347"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/331347\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/331348"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=331347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=331347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=331347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}