TezBridge, TTS and TezExchange

Developing a betting exchange on a new blockchain is challenging. Our tech team member Catsigma posted a list of projects on the Tezos forum, which provided an insight on the all the essential developments we are working on these months. Here, we will go through them one by one, provide some thoughts behind these tools, and hopefully you can get used to use them.

TezBridge is a login system for Tezos. Think about Tezos mainnet is a separated virtual planet, how can you enter this world? You need a passport, showing your identity and funds. In our case, you need TezBridge. Ethereum has their login system, Metamask, which is a Chrome extension. But the notion of TezBridge is to make an universal login system for Tezos regardless what your browser is. Cross browser viewing experience is a core principle for developing TezBridge. It’s ultra-convenient, especially when the user uses a home computer.

Generate a wallet and write down the mnemonic words

write the secret key as well and save it on a safe place

TezBridge and Tezbox will provide an interesting login combination for Tezos users. And if they can be hooked up with Ledger Nano/Trezor, it will be even more convenient. Let’s see how it goes in the recent future.

Tezos Token Standard(TTS) is a proposed token standard for Tezos. To list Tezos Token, exchanges need a token standard to work on. This token standard is very similar to the ERC20. The code is simple and covers most of the essential parameters:

type parameter_t = 
| Token_info
| Balance of key_hash
| Balance_map
| Transfer_token of (key_hash * nat)
| Approve of (key_hash * nat)
| Transfer_token_from_approve_dict of (key_hash * key_hash * nat)
| Allowance of (key_hash * key_hash)

For a simple staking token, we think this can be a good template. If you want to help people don’t read codes, building a service like this for Tezos will be greatly helpful.

TezExchange is a decentralised token exchange, a dapp built on top of Tezos. A similar counterparty is EtherDelta on Ethereum. Once we have a functional mainnet, we are going to list BTW token on this exchange, and create a pair: XTZ/BTW.

So what so special about this dex. We think it will outrun Ethereum dex in terms of speed. At the moment, most of the dex are too slow. By using DPos system, Tezos could be able to process high transaction volume. Therefore, a dex can be widely used, and compete with centralised exchange.

You are welcome to comment on these projects, and submit your issues and codes.