before putting in funds, I would like to know who is in control of the few nodes showing up in the DEX node access list
what if the nodes are inaccessible or being shut down by authorities? how decentralized is cryptobride when governmental states or bad actors like to shut down crypto-trading? isnt having only three centralized nodes really the weakest part in this technology?
what other flaws we are faced to? I would really like to use DEXs over centralized exchanges, but a few questions still concerning me from putting in my savings.
sincerly
Im curious about how this works & if anyone can bring such a node online to support the exchange. I would assume new nodes can & would be brought online ASAP if some are taken down & it would take a global government ban on cryptocurrency for this to truly become an issue. Highly unlikely scenario as many governments can barely function on a national level. There will IMHO always be a crypto haven somewhere on earth, maybe we'll all have to move there one day
the nodes arent the problem but the gateways are centralized payment channels. i would say to call this exchange "dezentralized" is a lie.
https://twitter.com/CryptoBridge/status/944729095908286470
These are Bitshares nodes and are used by all Bitshares clients/wallets including CryptoBridge (which is a tricked out wallet)...
Bitshares is a $1 billion platform and is not going away, in fact, has grown nicely in the last year.
All the heavy lifting is done by the Bitshares blockchain and core functionality.
See explosive growth:
http://www.cryptofresh.com/charts
Frankly, Bitshares is almost impossible to understand just like everything designed by Dan Larimer...
And this project has kinda blurred the lines even further with vague explanations.
As for withdrawals, I've done about 15-20 and all except one have completed in about 2-3 minutes...
But, in general for all things crypto, it's better to do a bunch of small transfers than one big one.