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full member
Activity: 1330
Merit: 100
C O M B O
December 01, 2020, 10:44:27 AM
#15
It looks like Uniswap is very serious about working on its project,
if Uniswap V3 was born in 2021, of course this will give a good signal for DEX to take over the hype from DeFi,
Uniswap will be new all time high in 2021, I'm sure.
hero member
Activity: 714
Merit: 503
December 01, 2020, 09:35:40 AM
#14
Layer 2 will definitely solve the problem of large fees. But I don't think it will be easy to accomplish. Several projects tried just that and I see that only Loopring partially succeeded.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
December 01, 2020, 01:41:46 AM
#13

I don't believe any of the above can happen. The above technical factors depend on the ethereum network rather than the functionality of the exchange. The essence of the DEX is decentralized, so how can it provide leverage up to x10?

You are partly right. But we knew that eth will have their migration to eth2 with faster scalability. Maybe this will syncrhonize better when v3 is out. Their plan is good, can't believe they can't pulled this one out since uniswap is known to achieve a good progress in terms of development since v2 is out. So I think its worth a try, will try to buy uni when the price goes down maybe it could benefit me later on once v3 is already roll out.
member
Activity: 182
Merit: 10
December 01, 2020, 01:25:10 AM
#12
I am happy that the conversation about the Layer 2 arrangement returned to the light of the world. High tx charges are what the greater part of us feel like a significant thing to be 'fixed' (the arrangement itself isn't in hot fixing, utilizing Chi token, and so on, as I would see it, it is in the diverse engineering of trades and agreements - it is by all accounts done by the sneak looks). What is more significant from a drawn-out viewpoint is interoperability and the capacity to coordinate granular pieces of Uniswap into our own items. Java SDK was the initial step and I trust the group goes a long way past that.
legendary
Activity: 1330
Merit: 1001
October 04, 2020, 02:10:45 AM
#11
I tried using unipig exchange but, I have no idea what to do there I picked team UNI and triggered an airdrop it says that I received it, but on the platform, I have 0 UNI and 0 PIGI any idea what am doing wrong?
full member
Activity: 658
Merit: 108
September 29, 2020, 08:26:01 AM
#10
I am glad that discussion about Layer 2 solution came back to the light of the world. High tx fees are what most of us feel like a major thing to be 'fixed' (the solution itself is not in hot fixing, using Chi token etc, in my opinion it is in different architecture of swaps and contracts - it seems to be done according to the sneek peeks). What is more important from long term perspective is interoperability and ability to integrate granular parts of Uniswap to our own products. Java SDK was the first step and I hope the team goes far beyond that.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
September 29, 2020, 08:19:06 AM
#9
Scalability up to 200 TPS
- Instant transactions
- Gasless transactions
- x10 optimization

I don't believe any of the above can happen. The above technical factors depend on the ethereum network rather than the functionality of the exchange. The essence of the DEX is decentralized, so how can it provide leverage up to x10?

I'd like to see this happen I don't know how are they are going to do that when they are on Ethereum blockchain but if they can do that UNI token will go to the moon and it will benefit holders like me who is still holding after I received the airdrop, it's time to buy more Uni the next stop will be the moon.
full member
Activity: 966
Merit: 102
September 29, 2020, 08:12:54 AM
#8
Scalability up to 200 TPS
- Instant transactions
- Gasless transactions
- x10 optimization

I don't believe any of the above can happen. The above technical factors depend on the ethereum network rather than the functionality of the exchange. The essence of the DEX is decentralized, so how can it provide leverage up to x10?
full member
Activity: 2086
Merit: 193
September 29, 2020, 07:21:15 AM
#7
Wow, I had no idea that they were working on a layer 2 solution of their own that would near-instant transactions, and best of all we will finally get rid of high transaction fees associated with the ethereum network.
This will become big if they succeed and yes we finally back to the normal fees with ETH network and that’s good for all of us. Uniswap seems to keep working good especially in the past weeks, we’ve seen the best price of this project and the V3 update can help the ecosystem to be more effective and give us a faster transactions.
legendary
Activity: 1330
Merit: 1001
September 29, 2020, 07:17:12 AM
#6
Wow, I had no idea that they were working on a layer 2 solution of their own that would near-instant transactions, and best of all we will finally get rid of high transaction fees associated with the ethereum network.
legendary
Activity: 2590
Merit: 1236
September 29, 2020, 05:58:48 AM
#5
I think with time the platform will keep improving and new features and utilities will be introduced that will match centralized exchanges and on the financial side more banking products could also lauch making platforms like uniswap one stop crypto and decentralized finance platform that can compete with traditional finance. So big times ahead for defi and uniswap.

And why should they match the functions of centralized exchanges. DeFi exchanges, on the contrary, are moving away from their functions, removing such functions as the order book and market maker and introducing liquidity pools. Centralized exchanges are big garbage dumps that often steal users ' money. in decentralized protocols, there are also theft due to smart contracts, but the technology is still too young.

What's great about V3 is gas-free transactions, given how many are now complaining about the huge prices for token swap fees.

I'm not so sure that not implementing order book and market maker is such a good idea. It is for regular people that just want to buy or sell some token. But a serious investor will never leave his position open trough the night not knowing will the price dump or skyrocket. Since crypto is traded 24/7 (and not from 9 to 17 on work days like stock markets), serious investors need some sort of insurance that they won't lose money while they sleep. Currently with Uniswap you can't be sure because someone could dump the price while you are sleeping. That's why Uniswap needs order book, market maker, stop loss and other functions of centralized exchanges.

I'm not entirely sure how would that work with DEXes. I guess users who want to use those things would have to authorize a smart contract to make trades for them.
member
Activity: 518
Merit: 21
September 29, 2020, 05:55:14 AM
#4
Another project that could do good in the future. Still I prefer UNI because of its feature however I am not certain in their security system which could be breach out by hackers that are happening to other exchanges. Usually hackers do phishing and many had been phished out. Attacks are usually using a sophisticated fake site to sent to users either to email or any establishing a link regarding  to the fake site.
legendary
Activity: 1820
Merit: 1207
September 29, 2020, 05:44:46 AM
#3
I think with time the platform will keep improving and new features and utilities will be introduced that will match centralized exchanges
It should be CeFi instead of DeFi since they're matching the features with centralized exchanges.


Anyway I'm impressed how the developer is very quick to upgrade and create a lot innovation, it's around 2 weeks the Uniswap V2 upgraded to Uniswap V3. IMO this good news will pump UNI token a bit, HOLDing is a good decision right now.
member
Activity: 210
Merit: 10
Sovryn - Brings DeFi to Bitcoin
September 29, 2020, 04:49:05 AM
#2
I think with time the platform will keep improving and new features and utilities will be introduced that will match centralized exchanges and on the financial side more banking products could also lauch making platforms like uniswap one stop crypto and decentralized finance platform that can compete with traditional finance. So big times ahead for defi and uniswap.
hero member
Activity: 517
Merit: 11957
September 29, 2020, 04:45:38 AM
#1
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