Developer over at ZigZag here :) Would love to know what crypto people here in HN think to current exchanges, and how to improve our own ;) currently testnet but aiming for July mainnet release!
I think with news of another bitcoin exchange hack, security is a big concern, maybe larger than speed. So what has been done regarding security?
Deposit and withdrawal of funds are controlled by blockchain, the only part where we hold your funds is during exchange (1-2 seconds). Also in future we will be enabling atomic swaps to avoid controlling user’s money even for such a tiny period of time. Your funds might be stolen if hacker would hack us during those 1-2 seconds, and the probability of this is tiny. But always trying to improve :) i’ve you’ve got any ideas/pointers would be great to hear