Several modules of the Orion protocol is to be built with Holochain, including:
The first module is the Orion-Broker decentralized settlement application, that is already built and is actively being tested now. After finished it will be integrated with our Broker web UI.
Great questions!
We want to move the current crypto trading to the next level in terms of security and liquidity. Essentially, to solve the following current problems:
Yes, we’re going to build Rust SDK easier and faster use of public Orion API, for receiving price feed, order splitting and routing, as well as building connectors for new exchanges.
Hey Dellams! Thanks for the question and your interest in Orion! Please shoot me an email kal@orionprotocol.io and we will discuss further. Your project looks very cool!
There wasn’t Holdvest ICO, it was small pre-sale round that is incorporated in Orion seed round. So all participants will receive ORN tokens.
Hello and thank you for your question. Indeed, Holdvest contributors were granted a special benefit that not many were allowed- entry into the Orion seed round.
Although Orion is a much different project than when we first started as Holdvest, we are rewarding the Holdvest supporters by treating their contribution as the seed round for Orion.
Thank you!
Yes, building agent-centric applications has a little different approach, namely in supporting data integrity and finalization of transactions. But after building of core models and tools it becomes a regular.
Orion crypto-credits acts as a medium of exchange currency that combines centralized and
decentralized liquidity with traders’ cold wallets and enables fast cross chain trading without any trusted third parties.
Models for trading remains pretty the same with the need to keep track and validate counter-signed mutual transactions.
What has been the most challenging part of developing the Orion Protocol? What’s the biggest challenge you currently face in order to get this project finalized?
Currently, our demo Trading Terminal is connected to 3 centralized exchanges (binance, poloniex, bittrex) and 3 DEXs (Waves DEX, Switcheo, IDEX). But Orion uses connectors’ architecture, where to connect a new exchange you just need to write a simple connector implementing Orion Standard Exchange API. We already implemented a few new connectors and the will be integrated soon. Also, such connectors are not necessary must be developed by Orion team, 3d party developers are also encouraged to write them for other exchanges.
Holochain makes decentralized computing possible in a very efficient way. Also, Holochain enables scalable double-entry crypto-accounting to build new generations of asset-backed and value-stable cryptocurrencies. This is perfectly fit for our accounting and settlement modules, namely the Orion-Broker settlement application.
Yes, Orion distributed applications (hApps) will be hosted on Holo.
There are many benefits of using/holding ORN tokens in addition to investment purpose:
@Cris, thanks for the interesting question. Actually, in Orion we identified a number of different interesting and useful products that can be built on our protocol. I wish we have built them all at once, but of course, it depends on available resources, that we can allocate to each product. So we need to choose and focus right now on the most needed that can start generating revenue asap. Now we’re focused on Trading Terminal (which is also best for showing all advantages and benefits of trading on Orion). Also, we aim at B2B sectors with our Liquidity Boost plugin, allowing 3d party exchanges to utilize routing and liquidity from Orion.
Hope u can create ur platform asap
How Orion Protocol will add value to Holochain?
As I see,u will not use HoloFuel as a base currency,will you?
Is Orion working with US regulators in an effort to remain SEC compliant or is Orion thinking mostly to add services and consider SEC compliance later?
Also, there is a question in another thread:
Is Orion decentralized.
First, Orion is fully non-custodial and can be accessed by anyone, anywhere. That means to start trading you don’t need to transfer any your funds to some trusted third-party.
Second, there can be multiple instances of all Orion modules. Though at the beginning the will be run by Orion, we’ll encourage the community to run their own version.
So. for example our matching engine (matcher) has its own relayer network through which they can share orders from different traders and fill them, forming decentralized aggregated orderbooks.
So while there are some centralized components (but not linited), in essential Orion Protocol is decentralized.
Hi there! We have our council working with US lawyers to assure the compliance of Orion. Safety first!
We’re going to release the pilot version of our Trading Terminal by the end of this year, and earlier in the next year - public MainNet.
Thank you, Community, for participating in the Holochain Forum AMA with Orion’s CEO, Alexey!
You asked some great questions and received fantastic answers from Alexey!
Alexey @koloale! @Kal_Orion @dellams @HOLONEWS @Cris @sidsthalekar @HOLONEWS @Kolo @ThomasMiller @rikeburn
We’re looking forward to hearing about your project’s progress.
Thank you again for taking the time to answer questions. I am impressed with the informative responses. @koloale @Kal_Orion
This AMA thread is now closed. If you have questions after the planned AMA, feel free to ask them here.
