Topic: Decentralized Exchanges - The Next Frontier (Read 136 times)
Yeah i cant wait for decentralized exchanges to get big or for coins like 0X and Komodo to kick in. The last thing we need is for centrslized exchanges to become giant corrupt gatekeepers
Yes, we will need more decentralized exchangers for coins and tokens in the nearest future, and we need to support them for sure. They are a lot safer and better than centralized ones, and have lowest fees as well. Right now their number seems limited, but I expect that new ones will appear soon since the demand for them is high.
Before the scam artists, billions of dollars and wild speculation, cryptocurrencies were set out to empower people by decentralization - a term misused and underappreciated by many. Bitcoin has provided us with the first stepping stone in what will be an uphill battle against the corruption, oppression and greed of financial institutions and governments alike. We've come a long way, but the battle has only just begun. As long as we rely on centralized exchanges as gateways, we continue to deprive ourselves of a truely decentralized means of exchange.
It is only a matter of time before the technology catches up to our needs - and when it does, governments will shake.
Decentralized exchanges will need to find ways to integrate atomic swaps, smart contracts and fiat currencies in order to compete with today's exchanges. Decentralization will make it virtually impossible for governments to regulate and allow users to transact completely anonymously while spending almost nothing on trades.
Progress becomes increasingly important with every hack and shut down of centralized exchanges.
Let's do our best to raise awareness and support decentralized exchanges. Don't underestimate the change.
It is only a matter of time before the technology catches up to our needs - and when it does, governments will shake.
Decentralized exchanges will need to find ways to integrate atomic swaps, smart contracts and fiat currencies in order to compete with today's exchanges. Decentralization will make it virtually impossible for governments to regulate and allow users to transact completely anonymously while spending almost nothing on trades.
Progress becomes increasingly important with every hack and shut down of centralized exchanges.
Let's do our best to raise awareness and support decentralized exchanges. Don't underestimate the change.
This is one of the best and most meaningful posts I recently read here on bitcointalk! I have the same mindset as you!
I really believe in decentralized exchanges and I'm already using some of them (especially Waves DEX). They are not so more difficult to use than traditional ones, so there's really no reason to not use them.
The only downside of complete decentralization for exchanges is fiat money deposits and withdrawals. This is something that still requires some kind of verification. But in my opinion sooner or later even this problem will be solved and everyone will be able to trade, deposit and withdraw any kind of currencies on decentralized exchanges!
Much appreciated Niya. I'm glad to see others feel the same way.
Before the scam artists, billions of dollars and wild speculation, cryptocurrencies were set out to empower people by decentralization - a term misused and underappreciated by many. Bitcoin has provided us with the first stepping stone in what will be an uphill battle against the corruption, oppression and greed of financial institutions and governments alike. We've come a long way, but the battle has only just begun. As long as we rely on centralized exchanges as gateways, we continue to deprive ourselves of a truely decentralized means of exchange.
It is only a matter of time before the technology catches up to our needs - and when it does, governments will shake.
Decentralized exchanges will need to find ways to integrate atomic swaps, smart contracts and fiat currencies in order to compete with today's exchanges. Decentralization will make it virtually impossible for governments to regulate and allow users to transact completely anonymously while spending almost nothing on trades.
Progress becomes increasingly important with every hack and shut down of centralized exchanges.
Let's do our best to raise awareness and support decentralized exchanges. Don't underestimate the change.
It is only a matter of time before the technology catches up to our needs - and when it does, governments will shake.
Decentralized exchanges will need to find ways to integrate atomic swaps, smart contracts and fiat currencies in order to compete with today's exchanges. Decentralization will make it virtually impossible for governments to regulate and allow users to transact completely anonymously while spending almost nothing on trades.
Progress becomes increasingly important with every hack and shut down of centralized exchanges.
Let's do our best to raise awareness and support decentralized exchanges. Don't underestimate the change.
This is one of the best and most meaningful posts I recently read here on bitcointalk! I have the same mindset as you!
I really believe in decentralized exchanges and I'm already using some of them (especially Waves DEX). They are not so more difficult to use than traditional ones, so there's really no reason to not use them.
The only downside of complete decentralization for exchanges is fiat money deposits and withdrawals. This is something that still requires some kind of verification. But in my opinion sooner or later even this problem will be solved and everyone will be able to trade, deposit and withdraw any kind of currencies on decentralized exchanges!
In second half of 2018 and in 2019, the decentralized exchanges will flourish. Decentralized exchange tokens, coins will make you rich. DEX is what is mostly needed service in the crypto currency environment.
Before the scam artists, billions of dollars and wild speculation, cryptocurrencies were set out to empower people by decentralization - a term misused and underappreciated by many. Bitcoin has provided us with the first stepping stone in what will be an uphill battle against the corruption, oppression and greed of financial institutions and governments alike. We've come a long way, but the battle has only just begun. As long as we rely on centralized exchanges as gateways, we continue to deprive ourselves of a truely decentralized means of exchange.
It is only a matter of time before the technology catches up to our needs - and when it does, governments will shake.
Decentralized exchanges will need to find ways to integrate atomic swaps, smart contracts and fiat currencies in order to compete with today's exchanges. Decentralization will make it virtually impossible for governments to regulate and allow users to transact completely anonymously while spending almost nothing on trades.
Progress becomes increasingly important with every hack and shut down of centralized exchanges.
Let's do our best to raise awareness and support decentralized exchanges. Don't underestimate the change.
It is only a matter of time before the technology catches up to our needs - and when it does, governments will shake.
Decentralized exchanges will need to find ways to integrate atomic swaps, smart contracts and fiat currencies in order to compete with today's exchanges. Decentralization will make it virtually impossible for governments to regulate and allow users to transact completely anonymously while spending almost nothing on trades.
Progress becomes increasingly important with every hack and shut down of centralized exchanges.
Let's do our best to raise awareness and support decentralized exchanges. Don't underestimate the change.
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