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Topic: What do you think about McAfeeDEX? (Read 132 times)

Abiky
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What do you think about McAfeeDEX?
October 31, 2019, 05:08:18 PM
#3
Quote from: biddicoin on October 29, 2019, 06:07:06 PM
There are many similiar threads about this one

McAfee Dex? No!

John McAfee To Launch New Decentralized Exchange – McAfeeDex

I see this exchange look similiar with others DEX, even i think it is worse on trading volume

Thanks for letting me know. I'll continue the discussion in the given threads. About McAfeeDEX, I believe that it may be more of a marketing stunt than anything else since it's somewhat similar to EtherDelta or ForkDelta. I wonder how McAfee's new decentralized exchange will survive since it depends on the Ethereum blockchain for buy/sell order settlement. Considering that ETH still has scalability issues, McAfee's DEX would not be able to handle large transaction load as usage increases by people worldwide. In effect, McAfee's DEX would be nothing different that other ETH exchanges existent today.

I'll be locking this thread now since there are similar threads related to the subject.  Wink
biddicoin
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Re: What do you think about McAfeeDEX?
October 29, 2019, 06:07:06 PM
#2
There are many similiar threads about this one

McAfee Dex? No!

John McAfee To Launch New Decentralized Exchange – McAfeeDex

I see this exchange look similiar with others DEX, even i think it is worse on trading volume
Abiky
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Re: What do you think about McAfeeDEX?
October 29, 2019, 03:45:02 PM
#1
McAfee has long been a crypto enthusiast, admired by some people in the crypto community. Most recently, he launched a decentralized exchange built on the Ethereum blockchain with the hopes of fulfilling crypto's true purpose within the mainstream world. Right now, the exchange is up and running with lots of trading pairs listed. Anyone can list their coin of choice, without going through listing fees and such. This decentralized exchange would allow anyone to start trading crypto without the need to comply with KYC/AML.

Now it's yet to be determined whenever this decentralized exchange will survive for the foreseeable future, as governments will try their best to take it down in its entirety (since it doesn't comply with KYC/AML). What do you think the outcome of this in the future? Will McAfeeDEX be the best solution for truly decentralized crypto trades or not? Huh
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