Topic: CENTRALIZED EXCHANGES VS DECENTRALIZED EXCHANGES for BITCOIN - A MIDDLE-GROUND? (Read 107 times)
May 26, 2018, 03:04:25 AM
As far as I'm concerned, the safely and security of user funds comes first and that's not something centralized exchanges are providing.
May 25, 2018, 06:25:08 PM
Perhaps the fix for the many challenges people face when trading cryptocurrencies isn’t decentralized exchanges (DEXs). Although there are some die-hard believers out there, the fact of the matter is, DEXs aren’t yet sufficiently developed in a way to encourage mass adoption (e.g. mining is too slow, there are liquidity challenges, trading is manual, single orders can be expensive, front-running is a problem, etc…)
So then, why not explore ways to make centralized exchanges better? We’ve identified three areas that we believe need improvement:
1. Lack of accountability. 2. Poor UX 3. Hidden fees.
Here’s one solution under development: A centralized cryptocurrency wallet & exchange that allows account-optional trading and adds Proof-of-Integrity to the trading process, through Personal Blockchains, to ensure transparency in any transaction -- all in an intuitive and conversational user interface designed with the customer in mind. Add to that full transparency on fees, and there’s a compelling case to switch platforms today.
Personal Blockchains could bring the speed and privacy of centralized systems with the fairness of decentralized processes.
Here’s a 1-minute primer on this upcoming exchange: https://www.youtube.com/watch?v=3VpxVTJVFBE
Learn More: https://welcome.symetria.io/
What are some of the challenges you have faced when using centralized exchanges?
So then, why not explore ways to make centralized exchanges better? We’ve identified three areas that we believe need improvement:
1. Lack of accountability. 2. Poor UX 3. Hidden fees.
Here’s one solution under development: A centralized cryptocurrency wallet & exchange that allows account-optional trading and adds Proof-of-Integrity to the trading process, through Personal Blockchains, to ensure transparency in any transaction -- all in an intuitive and conversational user interface designed with the customer in mind. Add to that full transparency on fees, and there’s a compelling case to switch platforms today.
Personal Blockchains could bring the speed and privacy of centralized systems with the fairness of decentralized processes.
Here’s a 1-minute primer on this upcoming exchange: https://www.youtube.com/watch?v=3VpxVTJVFBE
Learn More: https://welcome.symetria.io/
What are some of the challenges you have faced when using centralized exchanges?
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