Topic: Will UNISWAP become a centralized exchange? - page 4. (Read 1009 times)
this is not possible because uniswap is already created to be a decentralized type of exchange and i havent seen an decentralized exchange that turned into a centralized or a centralized exchange that turned into a decentralized but its possible that it can be bought and controlled by more influencial and powerful people because i have seen that on the past . i dont know if that could bring positive effects because i feel that it can also bring a bad effects because it shows that those powerful people are trying to conquer slowly everything on this space .
No, this will not happen. They have gained trust through ease of use, convenience and decentralization. Attempts to influence Uni will be from Centralized Exchanges with large volumes, but I think they will not have enough power due to the growing popularity of Uni.
Even CZ itself has already stated if UNI can be threatened a lot of centralized exchange sites. I remember CZ has already published his statement too. In fact if the swap service has become a very good alternative to the centralized exchange site.
billions money have already locked on the swap service too. It has proven if the swap service has become a very big oppenent to the centralized exchange site. It grows very fast.
I don't think UNISWAP can ever become a centralized exchange mainly because of two reasons.
1. Uniswap's code is completely open-source which means everyone can build on uniswap.
2. If they ever become centralized, that would mean UNI tokens will become kind of useless because the main use case of UNI was the governance of uniswap exchange.
1. Uniswap's code is completely open-source which means everyone can build on uniswap.
2. If they ever become centralized, that would mean UNI tokens will become kind of useless because the main use case of UNI was the governance of uniswap exchange.
But anything can happen to this ecosystem, when the worst thing happens, all we can do is shout in the media in hopes that the cunning team will turn out to be wise.
We can take safe steps by not putting most of our assets on UNISWAP, so that all bad possibilities will be minimized the losses, and also if UNISWAP becomes a successful project, at least we won't be left behind to the moon.
Yea but, uniswap is a decentralized exchange which means, the funds are completely secure and are in your control because you hold the private key of your address.
I don't think UNISWAP can ever become a centralized exchange mainly because of two reasons.
1. Uniswap's code is completely open-source which means everyone can build on uniswap.
2. If they ever become centralized, that would mean UNI tokens will become kind of useless because the main use case of UNI was the governance of uniswap exchange.
1. Uniswap's code is completely open-source which means everyone can build on uniswap.
2. If they ever become centralized, that would mean UNI tokens will become kind of useless because the main use case of UNI was the governance of uniswap exchange.
But anything can happen to this ecosystem, when the worst thing happens, all we can do is shout in the media in hopes that the cunning team will turn out to be wise.
We can take safe steps by not putting most of our assets on UNISWAP, so that all bad possibilities will be minimized the losses, and also if UNISWAP becomes a successful project, at least we won't be left behind to the moon.
I think UNISWAP is going to be like Etherdelta who's purpose is to provide decentralized exchange for DeFi projects. UNISWAP is built that way and this is what the users want. I don't know about this debates about it being centralized but if they go that way, they will lose a lot customers who relies on dex and other competition might seize the place of UNISWAP.
As we continue to discuss this issue here. i argue all lovers of uniswap and people that are utlilizing this exchange to act fast by voting against Dphrama. the current proposal on going in Uniswap first vote. they are trying to create an monopoly system where they can control trades and also allow themselves to have a large quantity of rewards from the uniswap liquidity. it is uncalled for and should never happen
When something is an opensource, the chances of becoming centralized is scarce and I believe the team will not want to venture into this based on the reputation they have gotten. They cannot just throw it away like that.
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.
I'll take the example of idex which was very known before as a decentralized exchange. If it happened on idex, there's a tendency or a slight chance that it can be the same with uniswap. With the technical matters and codings, I have no idea about it.For example, the Dharma Corporation may well exert pressure and control over Uniswap.
I'm only comparing it with what we've seen with one known dex before.
Not until things have changed.
Right now uniswap getting popularity as a decentralized exchange.and they listing new project everyday it’s a super fast progress.i do not think team's have such thoughts.and it’s not a one click matter to do decentralize to centralize platform but they can develop a new centralize exchange this is different things.
I do not understand the question exactly. From my point of view, if there is a possibility to convert a decentralized thing to centralized, then it means that it is not fully decentralized. It is not being run by protocols only.
Yes.. If decentralised can be converted to centralised.. That means it's actually not centralisrd.. Decentralised means ones it's started, it cant be reversed. So converting a decentralised exchange like Uniswap to centralized actually means its not decentralised from the beginning.
Maybe they made a market unswap with a different goal at first.
so that uniswap is the largest decentralized exchange today.
i am not sure if they will change it to centralized in the near future, because as far as i have seen until now it is still crowded and widely used, and just like other dex has no limit.
but it has a different liquidity status from other dex, where we can see the volume of a token from the amount of liquidity
so that uniswap is the largest decentralized exchange today.
i am not sure if they will change it to centralized in the near future, because as far as i have seen until now it is still crowded and widely used, and just like other dex has no limit.
but it has a different liquidity status from other dex, where we can see the volume of a token from the amount of liquidity
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.
I do not think there is a chance of centralized system because the platform is completely decentralized and i hope the next version of the platform will be more advanced, simpler in user or trader point of view and offer all features that a centralized exchange can offer. For example, the Dharma Corporation may well exert pressure and control over Uniswap.
maybe uniswap will not do that, the community already believes and does not want that to happen, if uniswap switches to centralized exchange, it is likely to lose a lot of traders and unsiswap will come back like the others, running in place.
I don't know much about what is going on there, but from the little I know, it seems they are trying to create a suitable governance system that wouldn't affect their agenda and probably the quality of decisions they make. Unfortunately, they are trying to do this by creating an elitist type of setting instead of true consensus/governance that doesn't exclude any stakeholders from full participation in network consensus and governance. Deliberately making governance for all stake holder hard to participate in doesn't sound decentralized to me.
I don't think UNISWAP can ever become a centralized exchange mainly because of two reasons.
1. Uniswap's code is completely open-source which means everyone can build on uniswap.
2. If they ever become centralized, that would mean UNI tokens will become kind of useless because the main use case of UNI was the governance of uniswap exchange.
1. Uniswap's code is completely open-source which means everyone can build on uniswap.
2. If they ever become centralized, that would mean UNI tokens will become kind of useless because the main use case of UNI was the governance of uniswap exchange.
Uniswap will be very stupid throwing away all they have built, the trust, community etc for some centralized feature that'll only chase away patronizers. The industry is full of surprised though like how noboby saw it coming with IDEX as them introducing KYC verifications, we might never know the threat they might be enduring from the authorities.
But nevertheless it won't be worth it if they leave the feature of the exchange business. In time coming we'll be having decentralized exchange dominating the industry.
But nevertheless it won't be worth it if they leave the feature of the exchange business. In time coming we'll be having decentralized exchange dominating the industry.
If you mean centralized in terms of governance it will depend on wether big exchanges can use the tokens deposited in their platforms tu rule the protocol or not. If you mean the exchange itself I don't think so, if you take a decentralized exchange and turn it into a centralized one you are killing it, it would be much better just shut it down.
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.
I think only time can tell because in the crypto industry there is no guarantee to be exact forever, some reasons are the government intervention and regulation issues, etc, just like what happened in some decentralized exchange before, that has been adopting the centralized way because of the government pressures things like that might happen along the way thats why UNISWAP has no guarantee to be an exact DEX forever. For example, the Dharma Corporation may well exert pressure and control over Uniswap.
No, this will not happen. They have gained trust through ease of use, convenience and decentralization. Attempts to influence Uni will be from Centralized Exchanges with large volumes, but I think they will not have enough power due to the growing popularity of Uni.
I never think that they whole advantage of UNISWAP is to be Decentralized so that everyone can provide liquidity in it and doesn't need a listing and the whole process of that if so it would have a lot of serious competitors like Binance and Kucoin which I don't think it can compete with them easily.
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