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Topic: Do you think the Decentralized exchange will be the future? - page 2. (Read 387 times)

jr. member
Activity: 168
Merit: 2
The ProFish online marketplace & tournaments
Yes I think so because decentralized exchanges allow any tokens to be listed as long it is unlocked but what I think right now is that decentralized exchanges are yet ready at the moment, they still have a lot of work to do to make decentralized exchanges more user friendly, allow trading of other tokens that are not ethereum based.
member
Activity: 252
Merit: 10
pantang menyerah
I have the opinion that blockchain technology is a technology that will be needed in the future, this technology provides solutions from various problems that exist in the community. Currently blockchain technology is facing challenges from governments who are worried about the presence of this technology, if you can pass it then I'm sure blockchain will be applied in various fields especially related to the transaction.
copper member
Activity: 126
Merit: 0
As regulations move fast forward, exchanges will shut down or simply block certain populations from accessing the services.
The only waypoints avoid this  might be by relying on decentralized exchanges ...
Meaning exchanges that operate solely on smart contracts.

Another way might be atomic transfer features in wallets.

Decentralized exchanges have a very promising future! No doubt

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newbie
Activity: 10
Merit: 0
Though there maybe some unanswered questions, the decentralized exchange will definitely impact the future in a good way as we do not hold on to any physical objects while being tamper-proof.
copper member
Activity: 73
Merit: 0
As regulations move fast forward, exchanges will shut down or simply block certain populations from accessing the services.
The only waypoints avoid this  might be by relying on decentralized exchanges ...
Meaning exchanges that operate solely on smart contracts.

Another way might be atomic transfer features in wallets.

Smart contract is a very new and promising system that will enable people to meet a more transparent and convenient transfer process.

If you are looking for a new Smart Contract based- ICO to join, check out below.

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Whitepaper- https://github.com/ozexproject/OZEX-Whitepaper
jr. member
Activity: 294
Merit: 1
I think that will be the future. Centralized exchanges are simply hacked too often.
Therefore, i am convinced that decentralized exchange will prevail.
jr. member
Activity: 480
Merit: 4
the emergence of the blockchain technological framework has in no doubt resurrected projects that were not in existence pr generally practiced and was at the verge of dying off. the example of one of such is the  exchange of decentralized framework of cryptocurrency and it will work as long as the blockchain technology exists.
newbie
Activity: 148
Merit: 0
In decentralized exchanges, there are no fake volumes of trades. Nobody can steal your money or ban the exchanger. I will be happy to move to decentralized exchanges   if will be faster


If decentralization will happen in the future ,it has 50% chance  that it might approve or denied. It has to under go a long process and debate  in each country before it will approve.  We need to identify first the pros and cons , also the effect in cryptocurrency.
copper member
Activity: 269
Merit: 0
In decentralized exchanges, there are no fake volumes of trades. Nobody can steal your money or ban the exchanger. I will be happy to move to decentralized exchanges   if will be faster
Is it the case with decentralized mate? I thought to this day that they are not safe to use. With this i am going to study more on decentralized exchange.
newbie
Activity: 140
Merit: 0
Yeah sure, Decentralized exchanges will be the future of the exchanges and the crypto currency, even Ethereum founder has said it as well, centralized exchanges are just taking more than required, imagine paying 5 - 10 Millions dollars to list coins, it's way too much, no wonder ICO's tries to raise huge funds.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
For a decentralized coin then it should be the same way.
Let the other coins who do KYC's be registered to centralized exchanges since they already took information about the user. There is no more privacy after all.
The essence of creating crypto currencies is out now. They want a lot information about the user to give him good amount of withdrawal and deposited coins.

This became the trend ever since one big exchange made it mandatory.
jr. member
Activity: 504
Merit: 3
Definitely, if they can provide safety of funds, which centralized exchanges surely and obviously cannot at this point. All these hacks and bad news going on got me thinking of moving to DEXs in the future. Just like bitcoin network as a whole can't be hacked, it's nice to think that decentralized exchanges would behave in similar manner.
newbie
Activity: 66
Merit: 0
Any decentralized system is much better than usual, and that's why I think that gradually everything in our world will support decentralization. Binance and other centralized exchanges will definitely move towards decentralization.
hero member
Activity: 782
Merit: 500
The more regulation we're going to see the more decentralized exchanges will be popping up. Maybe atomic swaps will be a bigger thing in the future.
full member
Activity: 938
Merit: 137
Decentralized exchangers will have a future, at least because of the possibility of maintaining their anonymity. Many will use them to avoid taxation, as centralized exchangers will transmit information about their customers to the host country and any country on request.
jr. member
Activity: 420
Merit: 1
I think there are still some improvements that need to be done on so many decentralized exchanges. Also, on the aspect of security, there were instances where both centralized and decentralized exchanges were hacked.
member
Activity: 387
Merit: 12
Yes, I think decentralized exchanges are the future.  Day by day people will move to the decentralized exchange. But there has a problem too. Most of the decentralized exchange has bad customer support, there has fear of hack too. But, My experience says that decentralized exchange got hacked less than a centralized exchange. Decentrali9zed has low withdrawn fees, a fast deposit system. Overall, the decentralized exchange will be the future.
hero member
Activity: 868
Merit: 500
In decentralized exchanges, there are no fake volumes of trades. Nobody can steal your money or ban the exchanger. I will be happy to move to decentralized exchanges   if will be faster

Beware of what you ask for, there are reasons why decentralised exchanges still lack volume when compared to Centralised exchanges, Deceentralised exchanges too can hacked, EtherDelta is a good example, what I think we need is a industry standard. Yesterday Bancor exchange was hacked and lost close to $25 million
legendary
Activity: 1232
Merit: 1000
Yes, I believe that decentralized exchanges will become major. Most likely, traditional exchanges will cease to exist, due to the fact that decentralized exchanges are much safer so people trust them more.
hero member
Activity: 1190
Merit: 504
Another way might be atomic transfer features in wallets.
If there's an exchange that going to have this feature, I'll start using it but until now there's no exchange that can provide this.

Not today but its possible in the near future.
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