unless they sign every single one of the transactions. Which inherently centralizes the system. A single entity decides who can trade & when they can trade? It has no difference compared to other centralized exchanges out there except for the instant settlement.
The idea is that Cauldron is broadcasting all of the transactions, all of which come from the webui or api to begin with, so it either broadcasts or informs the trader of invalidity, keeping a single chain.
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