Video · Explore and trade

Trading ordinals on ARCADE: one transaction, nobody holds the coins

A whole trade, shown on Pepecoin test: the seller lists a Pepinal, the buyer pays and receives it in one transaction checked in their own browser. Doginals, Bellinals and DigiByte ordinals trade the same way.

5:56 · no voice, captions on screen

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What the video says
  1. Explore and trade · Part 2 of 3 · Trading ordinals
  2. The seller lists it
  3. The buyer buys it
  4. Done: one transaction
  5. A real trade, on Pepecoin test
  6. Here is a whole ordinals trade, start to finish, on Pepecoin test, where coins cost nothing.
  7. The Exchange has a tab for each chain's ordinals. Pepinals on Pepecoin test trade exactly the way Doginals, Pepinals and Bellinals do on the real chains.
  8. This arcade's operator has turned on node-facilitated trades, so a listing can wait here for its buyer.
  9. Show my Pepinals finds the Pepinals on the seller's Pepecoin test address. This one is a small picture inscribed for this video.
  10. The seller, @arcadedemo, sets a price: 10 PEP TEST.
  11. Before it signs, the wallet says exactly what the signature allows: anyone may buy this Pepinal for that price, paid to the seller's own address, until the coin moves.
  12. Listed. Nobody holds the Pepinal: it stays on the seller's address, signed over at that price.
  13. It's now under For sale, on this arcade and every arcade it shares listings with.
  14. Now the buyer, @damsonarcadedemo, in their own browser. The seller doesn't need to be here.
  15. The Pepinal is for sale at 10 PEP TEST.
  16. The buyer's browser builds the one transaction and checks it before it signs: 10 PEP TEST to the seller, a small network fee, and the Pepinal to the buyer.
  17. The seller's signature only covers that price paid to that address, so nobody can change the deal.
  18. Bought. One transaction moved the coins and the Pepinal together. It's the buyer's when its block lands.
  19. The listing came down the moment it sold: the coin it was signed over has moved. A block later, the trade is final.
  20. Under the buyer's Pepinals, there it is, on the buyer's own Pepecoin test address.
  21. And the buyer's history shows the one transaction: 10 PEP TEST and the small fee, paid to @arcadedemo.
  22. Recap · What you saw
  23. A real trade, on Pepecoin test, where coins have no value
  24. The seller signs once; the listing waits on the arcade
  25. The buyer pays and receives in one transaction their own browser checks
  26. Doginals, Pepinals, Bellinals and DigiByte ordinals trade the same way
  27. Next · Part 3 · Tokens
  28. Make your own token

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