Hacker Newsnew | past | comments | ask | show | jobs | submit | jonpaul's commentslogin

I'm the CEO of Exodus (https://www.exodus.io - mentioned in the article). In many regions, we're currently more popular than the bible: https://www.google.com/search?q=exodus

Exodus is a non-custodial self-hosted wallet. This means that you have access to the funds and only you have access. We don't have access nor do we see your activity.

Betteridge's law of headlines applies here... i.e. no, the government is not banning crypto wallets.

I'm biased, but this regulation will be worse for exchanges. Each customer will likely have to take onerous actions to withdrawal their funds. This will further bifurcate centralized custodial exchanges and non-custodial decentralized products like wallets and DeFi.


> we're currently more popular than the bible

You have a better Google results position for one URL (that you've paid lots of money for).

The bible still outranks you for every other result on the first page (Exodus wallet isn't until page 2), and Google adds rich snippets for the definition of "exodus" and the Book of Exodus above the link to your homepage.

So I guess you're less interesting than a dictionary?


Where is the your company registered, what countries are the company's owners resident in, where do the majority of your employees reside?


We have two: one in the US and the other in Switzerland. ~1/3 are in the US.


> In many regions, we're currently more popular than the bible

Google searches tend to be contextualized and personalized, so i'm not sure if that's a universal statement - nonetheless, you seem to be the first result for me in an incognito window (although the knowledge panel does talk about the book of Exodus).


You say you don't collect transaction fees, but that you make a small amount of money off the spread. I'm confused, whats the difference between these two?


By "transactions fees", that's meant as a fee to the network. We don't make money off of that. We make money in the spread when you exchange.


So by that logic, the airport Travelex that charges "no commission" but a 20% spread between the bid and the ask is also not charging transaction fees? I suspect cribbing from Travelex and calling it "no commission" is likely both more accurate, and probably more legal, but IANAL.


So you are collecting transaction fees, just none of one particular type of transaction fee.


1) What are some of things you did to validate this idea in accordance with the Lean Startup Methodology?

2) Do you think any approval of this by the regulators was an attempt to stay competitive to the rise of crypto crowdfunding / instant liquidity via crypto markets (ICOs, STOs, IEOs, etc)?


1. We use it in a lot of ways big and small.

I’d say two notable examples are building our tools platform (http://LTSE.com/tools) for early stage companies which has allowed us to do exchange-like things long before being operational as a national securities exchange and our earlier attempt to build the exchange with a legacy partner. That partnership ultimately failed but in the process we learned a lot of essential lessons that set us up for success. Classic MVP.

2. Not really. They are obviously aware of those things and I have found them knowledgeable and conscientious in wanting to protect and serve the public. But the process to create a stock exchange is defined by law and they followed that to reach their decision. If you read their almost 50 page approval order, you’ll see how detailed their analysis is.


Exodus | REMOTE | Nebraska, USA.

The financial crisis of 2008 changed everything.

Exodus is an all-in-one app to secure, manage, and trade blockchain assets (cryptocurrency) like Bitcoin and Ethereum.

We need a Senior Node.js / JavaScript developer. See job description here: https://gist.github.com/jprichardson/4c8eb36b8b6d1099d8b54d2...

See more info about Exodus: https://www.exodus.io/


Spoiler, I believe it to violate Betteridge's Law.


> not to develop the best editor in the world.

The problem is that "best" is subjective. I think one could more accurately say that they're trying to develop an editor that is easily extensible with technologies familiar to many developers.

i.e. your perception of what they want Atom to be and the reality of what they want Atom to be are probably not the same.

My take? Revisit this in five years. I bet it'll be one of the richest ecosystems in software development. As one who has written Atom plugins (live unit testing w/ real-time feedback), I've never encountered such a developer experience until Atom.


I'll throw in an article that I wrote about building an open source Firebase clone: http://procbits.com/2014/01/06/poor-mans-firebase-leveldb-re... / https://github.com/jprichardson/iceden. Written in Node.js.


Your statement reads as if you're bothered by the lack of usage / credit towards `bthread`? (Sincere question...)

You write excellent code, most notably `elliptic`; your work on Node.js/io.js is much appreciated! I think the problem is that you don't prioritize documentation. The reality is that consumers of libraries need to know two things: 1) how said library can help save time / be a hero, etc 2) how to use said library.

Keep writing the awesome code that you do. Next time, maybe spend bit more time on documentation, and I think you'll see more traction :)


What do you mean? In this context, Scrypt is only relevant to the mining algorithm. As far as writing code for other coins, usually it's just a simple as changing a constant for the version number.


> JavaScript crypto is nonsense

What makes you think this?


Where does it say that it supports async/await?



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: