When an exchange wants to add Monero to their list of coins, it has a brand new code to work with considering most coins are forks from Bitcoin. Is integration of Monero on exchanges or with things like merchant services more complicated than Bitcoin because of a more complicated code or command structure? Could this be why adoption has been slower than we would have liked?


As I understand it, right now it's slightly harder due to the interface that Monero uses, but this is in the process of being standardised so it can be seamlessly integrated with exchanges just like Bitcoin.

This may be the reason that Monero hasn't been integrated with other exchanges, but in the near future this should be one less hurdle.

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    I'm interested in the specific ways it is harder. Also, is this standardization you're talking about 0mq? – user4 Sep 24 '16 at 21:13
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    I'm pretty sure it's to do with 0mq, but a dev would have to provide some more specifics, I remember it being mentioned on IRC in one of the dev meetings so maybe there is a log of the conversation. It was discussed in the last month or so, so it wasn't that long ago. – ferretinjapan Sep 25 '16 at 6:23

It's harder, for two main reasons.

First, Monero doesn't have multi-sig yet, which means wallet security is a tougher challenge.

Second, it's different, which makes it harder for any exchange to integrate. They already have infrastructure in place to integrate Bitcoin and Bitcoin-forked coins, but have to build new infrastructure for Monero. It's not as plug-and-play.

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