A mathematical model of a DGTX cryptocurrency exchange. Part 1

Ivan Krasnov
SmartDec Cybersecurity Blog
2 min readJul 23, 2020

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Hi everyone!

This article opens a series of articles on the mathematical model of the DGTX exchange.

  • Part 1. In the first part, we will give basic definitions and describe the exchange in mathematical language as a state machine.
  • Part 2. In this part, we will describe in mathematical terms such mechanisms as trading, marginal trading, marginal cover, funding.
  • Part 3. In the final part we will depict all the possible state changes, plot the diagrams.

Since the original article was created in the LaTeX distribution, the text of the article will be given in the format of pictures (I want to keep the original beauty of LaTeX and diagrams).

You can download the article in pdf format by clicking here.

This was the first part with all the necessary notation and wording. Based on which we will further build the full exchange model.

Stay tuned!

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