A multisig peer-to-peer bitcoin exchange Hodl Hodl will make its source code fully opened, Yahoo! Finance reports.
At the Baltic Honeybadger conference in Riga, Hodl Hodl CEO Max Keidun said that the plan is to make Hodl Hodl’s business model is vulnerable to regulatory crackdowns.
It is expected that the source code of the exchange will be available for download by the end of the year.
"Let’s imagine, our domain gets blocked — some activist would be able to just take the code from Github, fork it and launch something new," said Keidun.
Last year, Hodl Hodl in partnership with licensed European broker Tenbagger announced the launch of a platform for over-the-counter Bitcoin trading. The main feature of the new website is the ability to conduct operations with large volumes through non-custodial escrow addresses with multi-signature.
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