Crypto Trading Without Trust? Yeah, Good Luck With That! 😂

So, at the 2025 Paris Blockchain Week, BeInCrypto sits down with Alexis Yellow, the guy behind Yellow—this crypto thing promising to do all that fancy trustless stuff Satoshi dreamed about. Because, you know, ignoring decades of skepticism is always a great idea.

He yammers on about Yellow Tokens, smart contracts, and making crypto actually useful instead of a glorified casino.

Alexis, who are you and why should I care?

I’m Alexis, a software engineer who got roped into crypto when a Goldman Sachs buddy said, “Hey, there’s 12 Silicon Valley geniuses printing fake money.” That project? Ripple. Yeah, back when crypto was weird and nobody cared.

Ripple was our first client, which apparently gave me some “vision.” I mean, Vitalik Buterin almost joined Ripple before Ethereum blew up—because why not follow the money trail? The dude loved their consensus mechanism.

So, since 2013, I’ve been battling crypto liquidity and infrastructure problems like they’re the Hydra—cut one head off, three pop up.

The key takeaway? Satoshi wanted trustless systems. You can’t just trust your buddy in these deals. Trust is for suckers.

By 2018, I said, “Let’s do Yellow,” then merged with a bunch of French tech folks called OpenWare. Voilà: Yellow Network, where banks like Société Générale can trade with Binance without licking the other’s boots.

Trading with Binance minus the trust? You’ve gotta be kidding.

Nope, that’s Satoshi’s dream, baby. We use state channels—basically, private express lanes for trades—because having 30,000 nodes validating every dime? Yeah, nobody’s got time for that. It’s like waiting for your pizza delivery on dial-up.

Others try to cheat by dropping validators to 21, which is like replacing Henry Kissinger with your dog to handle diplomacy—sure, it’s faster but at what cost?

We took inspiration from the Lightning Network, except instead of just moving money instantly, we’re moving your profits and losses in real time. Buy Bitcoin at $100K, it jumps 5%—boom, $5K in your wallet like magic.

Worried about flaky counterparties? Meet ClearSync, our no-nonsense smart contract that settles arguments faster than a reality TV reunion episode.

Remember HyperLiquid’s mess? Yeah, ClearSync can actually save your bacon. If your trading buddy decides to pull a disappearing act, ClearSync plays referee and forks over your rightful dough.

1/ $JELLYJELLY on @HyperliquidX and trust disasters.
Price manipulation? Check.
Emergency delisting? Check.
Forced settlement? Oh yeah.
Welcome to 2025, where trustless trading is real and we don’t need to hold hands with CEXs.
Why @Yellow exists: so this nonsense stops.
— Yellow (@Yellow) March 27, 2025

Flash trading? Nope, just peer-to-peer wizardry?

Exactly. Direct state channels between you and me—speedy and slick. Connection drops mid-trade? No sweat. Your profit is already stashed away safely; no “Hey buddy, where’s my money?” drama.

**So I’m literally holding actual profit, not IOUs?**

Yeah, the real deal. You and your buddy each lock in $20K to gamble with Bitcoin prices. If you make $5K, it’s yours instantly—even if the other guy ghosted.

If everyone’s in agreement, you swap the Bitcoin and cash like civilized people and unlock your collateral. No fuss, no muss.

Stablecoins? Do those come with fries?

Absolutely. We’re buddying up with stablecoin issuers because let’s be honest—crypto’s flashy, but stablecoins keep the lights on.

Yellow Group: Who’s in the clubhouse and how’s business?

We haven’t officially kicked off yet. Pre-Ukraine crisis, we had over 100 folks; now about 50 worldwide, still holding it down in Ukraine and Poland. Yep, remote work is a thing.

BundleBear, our analytics site, shows we’re crushing it on Polygon (4th most active) and topping Linea with over 229,000 users, even before going live. Somehow, people like us.

So your tech bypasses the whole Central/Decentralized Exchange headache?

Bingo. Yellow Wallet is like Layer 3 Uber for tokens, letting you swap across Polygon, Binance Smart Chain, and more with zero fees. Smooth as butter, seamless as your favorite excuse.

Cross-chain swaps in your Yellow Wallet!
BNB, Base, Arbitrum, AVAX, Polygon, OP, Linea, Scroll—swapping made stupid easy.
Swap more, earn more daily claim points. Because who doesn’t want free internet points?
— Yellow (@Yellow) April 23, 2025

So you charging folks for this magic?

Nope, state channels are free—like the free sample at Costco. The Yellow token is your “security deposit,” acting as a guilt trip for bad behavior. Mess up? Your tokens get torched like last night’s bad date.

And your revenue model is…?

The Yellow token’s value grows as more people get involved. It’s like Bitcoin’s big sibling—needed for security deposits, and if you play dirty, your tokens burn, which is deflationary. Basically, the crypto’s way of saying “Knock it off.”

Are these tokens trading yet or what?

Not yet. But soon—think 10 billion tokens minted, with some burning if people behave badly. That’s our way of saying, “Don’t be a jerk.”

Launching with airdrops? Freebies galore?

Forget it. We’re all about utility and serious players. Ethereum didn’t throw free parties either, and neither did Bitcoin. This is B2B, not some crypto giveaway for your aunt’s neighbor.

Still, the ecosystem’s open—anyone curious and persistent can jump in, no secret decoder ring required.

Anything juicy we missed?

Yeah, aside from Bitcoin hoarding and Ethereum’s ICO mania, hardly any crypto sees real-world use. USDT is the “dollar” of crypto land, but Yellow wants to be the 4th musketeer—scalable, trustless, and fast trading.

Open-source, because sharing is caring, even if you’re a cynical Larry David type.

Web3 apps need infrastructure like Twitter or YouTube scale.
At Pragma, @Yellow’s Louis Bellet spilled the secret sauce Ethereum has.
Full talk dropping soon, stay tuned.
— ETHGlobal (@ETHGlobal) April 3, 2025

The mix? State channels for speed, smart contracts for referee duties—it’s trading infrastructure reinvented. Perfect for gaming and any fast nonsense blockchain never quite nailed.

Using 30,000 nodes to validate a video game move? Ain’t nobody got time for that.

Yellow uses cryptographic state channels, not full decentralization, but if things go sideways, the smart contract referee jumps in. It’s like having your mom arbitrate your argument—as annoying as that is, it keeps things honest.

We’re cooking up a new ERC standard for this. In a few years, expect 10–20% of new crypto projects to copycat us. That’s right, imitation is the sincerest form of flattery.

Bottom line: We’re not just building a product, we’re dropping a philosophy bomb on how decentralized systems handle their business—efficiently, speedily, and without all the trust drama.

2025-04-27 14:34