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Topic: will decentralised exchanges be the future ? - page 4. (Read 1941 times)

newbie
Activity: 26
Merit: 0
September 06, 2018, 12:51:26 AM
#48
doing more research have found that there are varying degrees of "decentralised" on exchanges. even ones which say they are might not be. be careful trading on pseudo dexs.
jr. member
Activity: 252
Merit: 1
September 06, 2018, 12:40:42 AM
#47
Dex is certainly the future for one very good reason and that is security. It guarantees security because hackers will need to break so many ports to gain access which is not the case with a cex. Another advantage is the speed that is associated with dex
newbie
Activity: 26
Merit: 0
September 06, 2018, 12:26:00 AM
#46
It will be great to see this happen. The centralized exchanges are danger to the existence of Cryptocurrency. They can be hacked, shut down and the coins can be stolen/seized by criminal or governments. Centralized exchanges are totally against what true cryptocurreny represents. They have no option than to decentralized

Hopefully they account for majority of the trades in the future.

With recent news of Shapeshift's change from a no account to membership account for AML/KYC reasons we can see how government, regulation and law can effect thriving spaces in crypto. More so in the US than in Asia and else where. Gradually self-regulation by legitimate crypto companies will turn into forced regulation which is why centralisation won't work if the goal is a new system that is fair and just.
newbie
Activity: 257
Merit: 0
DeX is the future, I think so as well but to be able to handle the current market strength, DeX needs to step up their games in areas such as high charges, insecurity, low trading pool et-cetera. If these listed issues are addressed adequately then we are good to go.
legendary
Activity: 1526
Merit: 1001
Decentralized exchange will be the future but right now there's only a few dex that's good to use. The problem with dex is right now there's only a little trading volume and there's no liquidity that makes trading harder, people complain about the expensive fees or dodgy action that centralized exchange does but they have a great trading volume and people will prefer it as they can trade easier and the ui is easy to use.
People are still looking for a safe and good reputation. Usually they see the history of an exchange.
As I experienced that when I was comfortable with an exchange, I would continue to use it.
Centralized Exchange must also have features like that and provide a much better confidence.
jr. member
Activity: 252
Merit: 2
Decentralized exchanges owns the future, but I am not just a fan of that kind of exchange, due to the insecurities, but I am quite sure they will create more secure dex..
brand new
Activity: 0
Merit: 0
With the speed at which the crypto world is developing,it wouldn't be a surprise to see decentralized currency being one for the future,but I honestly don't feel it'll completely take over from the centralized currency
newbie
Activity: 224
Merit: 0
I think they will not survive in the near future because the problem of cryptocurrencies' regulation is becoming more and more serious so centralized exchanges can be in favor
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
It will be great to see this happen. The centralized exchanges are danger to the existence of Cryptocurrency. They can be hacked, shut down and the coins can be stolen/seized by criminal or governments. Centralized exchanges are totally against what true cryptocurreny represents. They have no option than to decentralized

Hopefully they account for majority of the trades in the future.
newbie
Activity: 112
Merit: 0
sure it can be the future of exchange where we can eliminate those centralized exchange that can manipulate exchange to their taste and make use of bot at times to deceive people.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
I do not think that the future will be decentralized exchanges for many reasons I will summarize:

 - New investors: Many newcomers do not care about decentralization, they only focus on profits and guaranteed trades, decentralized platforms do not provide this feature.
 - Current situation: So far the trading values of the central platforms are higher.[1]
 - Regulatory decisions: If any market regulation occurs, the central platforms will be preferred.
 - Problems when using those platforms.[2]

[1] Top 100 Cryptocurrency Exchanges By Trade Volume
[2] Localbitcoins.com is illegally holding my 9.3 bitcoin on "escrow" since may 2015

I disagree because all the reasons you mentioned are things that are affecting the situation right NOW not in the Future.

- in the future we are not considering the newcomers anymore because those that are already in are a lot and focusing on profit  doesn't concern centralized or decentralized exchanges. you can make profit regardless of the platform.
- that is it, "current" situation, not future situation.
- this can go both ways, imagine a very strict regulatory rules, unreasonable taxes, and centralized exchanges that are still being hacked. people will choose decentralized exchanges without hesitation.
- localbitcoins is not exactly a decentralized exchange though. in many ways it is centralized in my opinion.
full member
Activity: 658
Merit: 102
In the future, the regulation of the country's crypto currency will only increase. At the same time, there will still remain states where the crypto currency will be banned or severely restricted in circulation. For such countries, decentralized exchanges and exchangers will be a good way out of the situation. On the other hand, whole islands with the circulation of decentralized crypto-currencies are already being created, including in traditional offshore zones. They will become a place where there will be decentralized exchangers even if the time of doing various operations with the crypto currency in them can be a little more, this will not be so significant.
hero member
Activity: 1834
Merit: 759
DEX should be the future, only problem is that CEX which have made a name for themselves in the space aren't interested in going that way. Seems everyone is giving into the wishes of regulators against the peoples.

Centralized exchanges only really exist because people use them. They also have no choice but to cooperate with regulators because of their business model. You can't blame them for the lack of decentralized exchanges, because they're only really catering to an existing demand -- there are already decentralized alternatives, and yet people go out of their way to use centralized ones.

If anything is to blame, it's the priorities of the majority crypto users, opting for convenience over decentralization. I don't think that's inherently a bad thing either because it's really just a matter of preference. At the end of the day, it's up to decentralized exchanges to up their game to be a more attractive option, not for centralized exchanges to embrace decentralization.
newbie
Activity: 26
Merit: 0
What dex's is everyone trading on ? cons and pros?
member
Activity: 152
Merit: 10
Have been searching for decentralised exchanges to trade on for security reasons after watching Andreas M. Antonopoulos - https://www.youtube.com/watch?v=hi_jaw0dT9M .
So far the Bitshares DEX has been the most liquid and what seems as truly p2p but other Ethereum based dexs are potentially good also. Will DEXs really be the future ? Or will centralised exchanges slowly become decentralised. 
Probably in terms of decentralized Bitcoin it would be great to have something like this decentralized exchange. Because everytime when the exchange is centralised they will try to make their own profits instead of giving us the opportunity to have our.
member
Activity: 266
Merit: 25
Decentralised exchanges will exist for the next time i guess.But there will come the regulation of the cryprocurrency market,it will be too much money in the whole game. I don´t think the goverments will allow that without takeing a big peace of cake for thair selfes
newbie
Activity: 5
Merit: 0
With the hacking of centralized exchanges, I believe the decentralized exchanges would be the norm of the future! Though that being said nothing is 100% safe, hackers will still find loop holes to mess around with the latter type of exchanges as well. A rule of thumb would be NOT to keep your tokens/coins in any sort of exchange for too long.
sr. member
Activity: 868
Merit: 265
★Bitvest.io★ Play Plinko or Invest!
Decentralized crypto exchanges have never been successful in some way until today. In fact, many promise great potential. But they did not get the necessary volume.
jr. member
Activity: 322
Merit: 1
I think the whole exchange theocracy will definitely move to the Decentralized exchanges soon or sooner because Decentralized exchanges is really helping the survival of most coins even if they have mothing to deliver but at least it's helping them against unzealous dumprs mostly from airdrops or bounty
jr. member
Activity: 336
Merit: 5
Most Advanced Crypto Exchange on the Blockchain
If you look at new projects in crypto being developed now there are new decentralised exchanges being introduced every month, perhaps even several times per month. Only one needs to succeed but it has to be big like bittrex to get people to move across
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