Topic: Will UNISWAP become a centralized exchange? - page 2. (Read 1009 times)
How can a decentralized exchange turn out to be centralized. If that were the case, I think a lot of users would be disappointed.
For me I think there is a chance to make UNISWAP a centralized exchange and they are even enjoying there popularity and increase in demand as DEX now.
That's why they have to continue the line and don't try to attempt centralization. The centralization is enemy of crypto!
Given the latest hype news from Uniswap, is it possible that in the new management scheme there will be risks of centralization and possible absorption by big people?
For example, the Dharma Corporation may well exert pressure and control over Uniswap.
For example, the Dharma Corporation may well exert pressure and control over Uniswap.
During the ICO era, I came across an exchange (can't remember the name) which claims to be a hybrid exchange, that is, a combination of Decentralized exchange and Centralized exchange, whereby users can switch by clicking a button, well it turned out to be scam.
So in my own opinion, an exchange can only be Decentralized such as Uniswap, Forkdelta etc or Centralized such as Binance, OKEx etc, or can also have Decentralized and a Centralized exchange such as Binance exchange (CEX) and Binance DEX.
Although Idex did something similar by incorporating email to their exchange, in my own opinion, it shows Idex is no longer a Decentralized exchange even though it can be argued.
Therefore to answer the question, Uniswap can't become a centralized exchange, doing that will make it go down the drain.
For me I think there is a chance to make UNISWAP a centralized exchange and they are even enjoying there popularity and increase in demand as DEX now.
The uniswap massive adoption by the general public not minding the high fees is because of its decentralized nature. The Cryptocurrency world is mainly develop for it to work decentrally which is what people have been clamoring for in particular to exchange. It's glaring that if it changes it nature to be centralized, then it breaks the true Cryptocurrency protocol and might have so many strange effect.
Personally, I would not mind if, in addition to a decentralized Uniswap, there would also be a centralized one and they would be connected to each other. I don't like paying large commissions, because some of the profit is lost because of this. Centralized exchange Univap would solve this problem.
everything could happen in crypto market, included decentralized exchange migrate to centralized. if uniswap thinking this is good for their business position in cryptocurrency market i am sure they will do this. but i am not thinking it will happen i in near future due defi trend still be main backcbone. the think developt by uniswap team only gas fee that reall very expensive at this moment.
This will be very difficult to do from the technical side. The exchange operates on decentralized algorithms. People participate in its work, place their coins in pools, earn interest from exchanges. It will be difficult to stop all this and configure it for a centralized exchange. It's much easier to leave everything as it is.
I don't think the developer would be so stupid and rock his own boat, the demand for DeX is on the rise and they are eating deep into CEX volume for now. I personally don't think Uniswap will succeed as a CEX because the space is already saturated and also they are a lot of things that goes into running a CEX
We dont have any say about it and they can decide to do whatever they wanted cause alot of exchange site have changed to CEX. However, If Uniswap decide to become a centralized exchange it not something stupid since they can maximize their platform by creating two exchange platform (one as DEX and others as CEX).
I think it has some chance to make the Uniswap a centralised exchanger. In past we saw this to happen. Like Idex was Dex in 2018 but now it's a CEX. So, same thing can happen to Uniswap. But it's totally depends on the Uniswap management team. If they make it CEX than volume of uniswap will be reduced a lot. Because people love to use Dex.
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I don't think the developer would be so stupid and rock his own boat, the demand for DeX is on the rise and they are eating deep into CEX volume for now. I personally don't think Uniswap will succeed as a CEX because the space is already saturated and also they are a lot of things that goes into running a CEX
We dont have any say about it and they can decide to do whatever they wanted cause alot of exchange site have changed to CEX. However, If Uniswap decide to become a centralized exchange it not something stupid since they can maximize their platform by creating two exchange platform (one as DEX and others as CEX). I don't think the developer would be so stupid and rock his own boat, the demand for DeX is on the rise and they are eating deep into CEX volume for now. I personally don't think Uniswap will succeed as a CEX because the space is already saturated and also they are a lot of things that goes into running a CEX
They are enjoying their popularity and massive demand right now as DEX and yes it is true, if they will ever convert their platform to CEX, the competition is already tough. Can they compete with Binance in case they finally decide to change their platform? I don't think so. So I guess, right now, they will keep it as DEX and who knows in the future, they will just die as DEX also? Remember the etherdelta days? And what are they now? Their fate may be different but I am just saying that not all the time you are in your glory days. There will be something new and more advanced that will be developed. And your platform will be treated as obsolete. That's the reality.
I don't think the developer would be so stupid and rock his own boat, the demand for DeX is on the rise and they are eating deep into CEX volume for now. I personally don't think Uniswap will succeed as a CEX because the space is already saturated and also they are a lot of things that goes into running a CEX
Will lot of project now willing to list on Uniswap, And to become a partner of it because this is good opportunity to be listed. With a real project and successful so many people right now is focusing on it after it trends lately.
It is true that alot of projects are getting and trying their coins to be listed in Uniswap, like what you said and I agree that Uniswap's project is successful. Hopefully the coins that will be listed there will not exit the market, and lets all hope for the best and hope they will continue and follow their goal.
Well, what ever decision that was made by Dharma to reduce governance proposal can be overturned. it is a decentralized platform and people are allowed to create another pool where pool can overturn their vote against Dharma. it is a win for them today and tomorrow will be another people to decide. As you know, the uniswap platform runs on different protocol. such that it can not be controlled by some certain entity.
Uniswap could go the binance route and create a separate centralized exchange, but I think this is unlikely. There are already so many exchanges on the market, I don't understand why there are so many of them. Since 2017, I have been using three exchanges and I think that's enough.
I think it won't for now. What created the hype or influx of supporters to Uniswap is its decentralized nature. I don't think the management team would sacrifice that for now or maybe in the near future. I think the platform will continue to implement what it was intended to do in the crypto industry, a tool for public to use to trade token without the middlemen.
Although nobody can predict the future I think there is no way uniswap is becoming a centralised exchange. It's against the whole idea of uniswap and further more decentralized exchanges are the future .
The main purpose of uniswap to be a truly decentralized platform that backed by the decentralized community through use the UNI token as a governance token to make the community will be able to decide or contribute to the uniswap platforms. There's no reason for UNI to be a centralized platform like another platforms.
So many people were always trying to give their votes to the future update that will be developed by the team.
Uniswap will remain dex but its the main dex in the crypto industry.
we dont know if they will re brand it . it depends on the owner if they will change its system but based on thier stats the exchange is earning good , theres no point of changing it for now . this isnt the first and this isnt the only dex so why call it as a main dex ? just because its popular ? i think main dex or the dex capital is still the etherdelta because this is where it all began and its still relevant today .
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This makes its the point of centralizaiton
huh ? we are talking about dex and cex is also different . you mean to say point of center (not centralization ) or point of attraction because you said its the main . 
Uniswap will remain dex but its the main dex in the crypto industry. This makes its the point of centralizaiton
Probably not, but it will become something a place for scammers in future due to the scam and fake tokens on the trading platform.Uniswap itself got popular due to Defi projects so we can't identify the potential of this exchange util the defi craze over.
Although nobody can predict the future I think there is no way uniswap is becoming a centralised exchange. It's against the whole idea of uniswap and further more decentralized exchanges are the future .
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