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RE: Vision for Steem-Engine.com and some legal challenges along the way for tokens
Will the DEX operating on every computer that is hosting a Steem Engine node?
Will it be possible for the Token creator to limit the location of nodes able to trade their token.
I ask because the @jpbliberty litigation funding token is issued by an Australian company and litigation funding is completely exempt from all Australian securities law.
Thus it is fully compliant with Australian law and I can even operate an exchange for the purposes of litigation funding.
I'd prefer to have the DEX for my token only operating on servers outside the USA.
Is that possible?
Well, it's a dex. So like the steem blockchain it can be used anywhere in teh world, but like the steem blockchain you can have different front ends for this stuff. So, no you can't remove it from the blockchain, but you can run the open source code to have your own dex that's only accessible by whatever conditions you put there.
While this first go round is only starting with public coins maybe we can add functionality down the road for more private ones too.