A website cannot be truly decentralized effectively. The magic that makes it all work behind the scenes can be decentralized. Uniswap is more than just a website that you visit. You could create your own website under any other domain name, and it could still utilize Uniswaps technology.
I don't think this is more than just a UI issue. If I'm not wrong then doesn't block token access mean you won't be able to use the protocol to trade them? And even if we fork the code there is an issue with liquidity, etc. Might as well use Sushi or other forks instead of doing that. 
Topic: "Decentralized' exchange Uniswap starts blocking token access - page 2. (Read 255 times)
I think if they implement KYC then it is not compatible with decentralized system. However, if you delete tokens that are not in accordance with the provisions, then this will have a positive effect. Because too many shitcoins rely on swap exchanges to promote their coins.
That's the price pay in decentralization. Look at Bitcoin, there have been some scammers using the network to defraud other but it doesn't meant that the network should the censorship approach just because a few careless chaps got scammed. Your money is your responsibility. If you go on buying shitcoins, then that's you problem, not Uniswap'sWell trading still is decentralized, just not the way people understand "decentralized". They write the code, they get it audited, they can do what they want with it.
"Trading is decentralized but the code ain't, but anyways let's call it a decentralized exchange to excite the average Joes" Good job uniswap devsA website cannot be truly decentralized effectively. The magic that makes it all work behind the scenes can be decentralized.
You as an average trader, What do you use to access Uniswap? This just goes to show that all this so-called smart contract based "Decentralized exchanges' aren't actually decentralized. They can be stopped in an instant.
A website cannot be truly decentralized effectively. The magic that makes it all work behind the scenes can be decentralized. Uniswap is more than just a website that you visit. You could create your own website under any other domain name, and it could still utilize Uniswaps technology.
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This just goes to show that all this so-called smart contract based "Decentralized exchanges' aren't actually decentralized. They can be stopped in an instant.
This just goes to show that all this so-called smart contract based "Decentralized exchanges' aren't actually decentralized. They can be stopped in an instant.
Well trading still is decentralized, just not the way people understand "decentralized". They write the code, they get it audited, they can do what they want with it. You can literally make your own site that includes every token. They just block them because scams are hurting the the customer experience.
If you think that unmoderated listing has more value, you should build that service. If you are right, you might even get rich with it.
That is a terrible way to do it. I think they can use the voting option and make it as if the community agrees on it instead of doing it on their own. It will certainly get a backlash from the communities, and other protocols can use this to attack their decentralized nature. I don't know why they decide to do it. Either they're confident with their reputation and believe the backlash is nothing, or they're just drunk.
So yesterday uniswap developers just woke and and decided to block access to certain tokens in their exchange. If the self proclaimed "decentralized" exchange can just change their goal posts in an instant and censored certain tokens, What are the chances that if the likes of SEC come knocking, they will bend down to pressure start demanding for KYC from traders 
Here's a snippet of what they said
Laughable, isn't it?
This just goes to show that all this so-called smart contract based "Decentralized exchanges' aren't actually decentralized. They can be stopped in an instant.
Here's a snippet of what they said
Quote
To continue to innovate and provide this tool for the Uniswap community, we monitor the evolving regulatory landscape. Today, consistent with actions taken by other DeFi interfaces, we have taken the decision to restrict access to certain tokens through app.uniswap.org. These tokens have always represented a very small portion of overall volume on the Uniswap Protocol
Laughable, isn't it?
This just goes to show that all this so-called smart contract based "Decentralized exchanges' aren't actually decentralized. They can be stopped in an instant.
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