Topic: Will UNISWAP become a centralized exchange? (Read 961 times)
This is crypto space where anything can happen. It has one happened to IDEX, so in the event of new management and/or government interference, there could be the introduction of some centralized components. But that would really drive traffic to other swapping protocols.
I think there's a possibility to convert a decentralized exchange to a centralized one, remember not all exchanges that claim to be decentralized are truly decentralized, uniswap on the other hand has been a great in spear heading the DEX movement in crypto, but I doubt if it's gonna remain a DEX forever, let's not forget IDEX was also like this at one point in time.
Adoption from big companies and make it centralized I don't think it's possible, because even if there is adoption from big companies, the company should already know that uniswap is decentralized and if it changes to be centralized it will make users lose trust.
Yeah, the core purpose would be lost actually. It would be a similar move like how Microsoft bought Nokia and none of them benefited because Nokia deserved a much better price and Microsoft never fulfill their purpose for the purchase. It would be quite similar here if a big company or exchange merges with uni because uniswap will lose it's core identity that is being a decentralized exchange and that has now gained the trust from users and moving away from their core might cost them badly.As an individual I would never want them to collaborate with a centralized exchange because really we already have a single dex that we trust and losing it would bring serious questions over the decentralized exchanges and their longevity.
Still, I don't notice anything regarding Uniswap become a centralized exchange. I think they won't go for changing it. Many people were interested and it became popular for its feature and one of the attractive features is it is decentralized. People are not interested to publish their identity. So there is less chance that Uniswap will become a centralized exchange.
Also the centralized exchanges market is pretty solid and stable so there is not much space for a new giant to appear and I won't be surprised it this move would be seen as an aberration because there are exchanges like Binance in the centralized market and no one can really enter this market while they are king of their own decentralized model and it would be plain stupid to leave a market where you were ruling to enter in a market where others are already riling and no space for a new king.By the way I haven't heard any such news so I am not sure from where these rumors are being thrown in but looks like just hypothetical and baseless assumptions and UNI launched their own token and gave it to their users so if they had any such plans of moving to centralized market why would they do that.
Adoption from big companies and make it centralized I don't think it's possible, because even if there is adoption from big companies, the company should already know that uniswap is decentralized and if it changes to be centralized it will make users lose trust.
well I totally agree with what you are saying because so far they have managed to create an exchange that has a DEX base so it will not be possible for them to switch to another base, so I think they will stay like that for a while until they find a bug case or one that does make the team changed the way of trading on uniswap.
Adoption from big companies and make it centralized I don't think it's possible, because even if there is adoption from big companies, the company should already know that uniswap is decentralized and if it changes to be centralized it will make users lose trust.
From its look I think the Uniswap defi exchange will not becoming a centralized exchange. It is currently working good and many had expressing good about the exchange while using it.
Uniswap is a unique Defi project and is known by its completely decentralized feature. If time will come and it will undergo changes then I think many of its users will going to be dissapointed and will think of using a different platform that features complete decentralized exchange.
Uniswap is a unique Defi project and is known by its completely decentralized feature. If time will come and it will undergo changes then I think many of its users will going to be dissapointed and will think of using a different platform that features complete decentralized exchange.
Still, I don't notice anything regarding Uniswap become a centralized exchange. I think they won't go for changing it. Many people were interested and it became popular for its feature and one of the attractive features is it is decentralized. People are not interested to publish their identity. So there is less chance that Uniswap will become a centralized exchange.
The way the market is going now people now prefer centralized exchange than decentralized exchange which is not stable at this season.
Many investors are afraid decentralized exchange because of the fees that is too high for them to invest and make a good profit in the exchange market. Many people are still waiting for uniswap to become centralized exchange just because they have more experience on centralized exchange than decentralized exchange.
I think it will take a long time for uniswap to become centralized because many exchangers in the market right now are use to decentralized exchange in the market.
Many investors are afraid decentralized exchange because of the fees that is too high for them to invest and make a good profit in the exchange market. Many people are still waiting for uniswap to become centralized exchange just because they have more experience on centralized exchange than decentralized exchange.
I think it will take a long time for uniswap to become centralized because many exchangers in the market right now are use to decentralized exchange in the market.
the uniswap exchange is one of those i use most often, one of my favorites i hope it does not reach centralization but I think it would not change anything for me i would continue to use it even if it was centralized and required the kyc procedure i am too comfortable with it
Not gonna happen even in the future a dex like Uniswap is one of a kind project with first of a kind offering a LP pool not offered in any exchange before.. the idea of this exchange is quite fantastic Imagine you can earn if you participate in LP and you also use this exchange in huge volume with no limits without any KYC approvals unlike in Cex this is one of the good features of Uniswap thats why its popularity is overwhelming.
I think they won't do this. It has a huge number of traders because it's a decentralized exchange and people like to hide their identity. If they do, they will lose a good number of traders.
i dont think its really possible as Uniswap is totally decentralized and is governed by UNI token holders. And if thing will be done forcefully , i think it will loose its trust and users.
I don't think so, because there are still a few decentralized exchanges, and also Uniswap has attracted many people to trade there, and there are also many projects listed there.
of course there is a risk because there is no guarantee that the liquidity of a coin will be large.
of course there is a risk because there is no guarantee that the liquidity of a coin will be large.
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.
As soon as I understand, they are going to vote for centralization (or against it). However, even the Uniswap developers have divided into two parts (those, who support centralization and the guys that are against it). Let us simply follow the news about UNI. Unfortunately, we cannot affect the voting result.
uniswap is a decentralized exchange and is booming in the current market period, there are many Defi projects or ICO projects that are listed on the Uniswap exchange. It's just that I personally don't like Uniswap exchange because of the high transaction fees. but this is one of its main attractions due to the fact that even though the Uniswap exchange is expensive, many people trade there. but in my opinion Uniswap will not be a centralized exchange.
It will not happen with uniswap as it has already built the decentralized governance and uniswap will never become a centralized entity. Who is dharma corporation? it didn't have any correlation with uniswap. Uniswap has actually decentralized consider any decision that will be taken must be based on the governance decision that has already taken from the vote of the community.
It's decentralized.
Do you know about Idex, before this is Full Decentralized trading platform, but now not Full Decentralized anymore, before using it we must sign in using email. What happens if they block your email that you used to sign up??It's decentralized.
Everything can happen, with codding skill, they can make Full Decentralized Uniswap become half decentralized
I think it is not difficult, but its not ethical to make it centralized from decentralized. In this way, Uniswap will lose many investors who want privacy and trusted decentralization. But, there is a big challenge to keep transparency at par being a decentralized exchange. However, management can think by which means they will earn more profits and will take decisions accordingly.
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.
Anything can be possible, it’s just with time and things will be changing. But even if some of them decides that they are going to become centralized, there will still be others that will remain decentralized. And if any chooses to become centralized, then they are no longer a DeFi, because only that name signifies that a project is decentralized.For example, the Dharma Corporation may well exert pressure and control over Uniswap.
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
Yes, I have not seen any that is centralized and turned out to be decentralized later. But an exchange that is centralized can decide to create another platform of theirs that’s going to be decentralized; it’s just like what Binance did by creating a platform that is DEX apart from their other main exchange that they are popularly known by. 
I am pretty sure that Uniswap wouldn't do that, even if it could. however, I currently feel that uniswap is the best-decentralized exchange, and turning it into centralized will only make its popularity decline. however, I feel that it will not happen. there are many reasons for that.
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 .
For large volume swaps the fee looks like a huge one, and the team has already mentioned about their further development and taking the fee down to 0.005% which is quite good in my opinion. Just on the fee we can't come to a conclusion that uniswap is going to be centralized in the future.
The way uniswap exchange is being developed has made it reach high compared to most other DEX available for trading. Hope the decentralized network with lower swapping fee will be the future of uniswap than going centralized.
It should be that the transaction costs that have been reduced very much like that can provide a lot of potential that can be obtained and can provide a lot of profit because usually the price of coins between exchanges has differences that can be used to make a profit, but if you do long-term trading like that it will provide The risk is very high so it should only be done by professional traders who are used to trading on Uniswap and other exchange places. The way uniswap exchange is being developed has made it reach high compared to most other DEX available for trading. Hope the decentralized network with lower swapping fee will be the future of uniswap than going centralized.
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.
Don't be so sure that your funds are completely secure if you use Uniswap or other exchanges like it. I have written a post about it last week so take a look. I was shocked what that "Approve" button actually does.
I had no idea that once you approve a token on metamask you are approving it for the unlimited tokens. An unaudited code can completely drain out our funds without us even knowing it. That's really bad.
Yeah. And that's what happened to the user I mentioned in that post. The biggest problem is that DEXes doesn't inform users about that. For me DEXes should ask a user to enter the amount of tokens they approve. Not just let them approve unlimited amount.
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.
Don't be so sure that your funds are completely secure if you use Uniswap or other exchanges like it. I have written a post about it last week so take a look. I was shocked what that "Approve" button actually does.
I had no idea that once you approve a token on metamask you are approving it for the unlimited tokens. An unaudited code can completely drain out our funds without us even knowing it. That's really bad.
For large volume swaps the fee looks like a huge one, and the team has already mentioned about their further development and taking the fee down to 0.005% which is quite good in my opinion. Just on the fee we can't come to a conclusion that uniswap is going to be centralized in the future.
The way uniswap exchange is being developed has made it reach high compared to most other DEX available for trading. Hope the decentralized network with lower swapping fee will be the future of uniswap than going centralized.
The way uniswap exchange is being developed has made it reach high compared to most other DEX available for trading. Hope the decentralized network with lower swapping fee will be the future of uniswap than going centralized.
I don't think so it won't happen ever. UNISWAP became one of the best & popular decentralized crypto exchange in recent times. If they move to centralized from decentralized then they will loose their popularity
as many traders want to trade anonymously that's why they choose Decentralized like UNISWAP,Forkdelta .
as many traders want to trade anonymously that's why they choose Decentralized like UNISWAP,Forkdelta .
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.
This can only be known to the exchange owners. Everything will depend on how much they want to earn. However, this concept that is presented on Uniswap can only work in this version and I doubt that someone will want to change it. The only option that is possible is the parallel launch of another already centralized exchange.
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.
It could lose it's popularity and it might be replace by other decentralized exchange, it's doing great being a decentralized why change the format or features, there are already a lot of centralized exchange and Uniswap will better staying decentralized just look on it's volume and price it will soon land in the top 10 .
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.
Many people use Uniswap because the exchange is decentralized, but the possibility to become centralized will always exist. But I think if this action is taken then, Uniswap will lose its identity. For example, the Dharma Corporation may well exert pressure and control over Uniswap.
Seeing the current development of Uniswap, of course there is still a possibility that it will happen. But due to different protocols, Uniswap is unlikely to be a centralized exchange. Because people like Uniswap because it is decentralized. Just imagine if uniswap was originally centralized, surely not many people would choose the exchange. There will be many regulations that change such as requiring KYC and so on.
Uniswap cannot be a centralized exchange, but it can be one of the most powerful decentralized exchange markets. But first, the gas fee should definitely be dropped. Additionally, they are very successful in terms of security and interface.
If people keep on using the UNISWAP the gas wont be dropping but instead it would just make the ETH network clogged making the fees expensive. It also expensive using the exchange because you are paying more compared to using a cex exchange.
Binance, which is a centralized exchanger and has a large transaction volume, also has a decentralized exchanger, namely Binance DEX. It does not rule out this happening because it all depends on the conditions that exist at a certain time
we can see from binance and it will definitely happen at uniswap. We can see that Uniswap is now a busy exchange and that gives Uniswap the opportunity to become decentralized like Binance.
Uniswap cannot be a centralized exchange, but it can be one of the most powerful decentralized exchange markets. But first, the gas fee should definitely be dropped. Additionally, they are very successful in terms of security and interface.
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 think that all such platforms on which decentralized exchanges take place will eventually succumb to pressure from regulators and make the necessary amendments to their activities. It's only a matter of time before it happens.
We already had a similar precedent with the IDEX exchange. It all started very well, until new requirements appeared on the passage of the KYC and restrictions on the withdrawals.
We already had a similar precedent with the IDEX exchange. It all started very well, until new requirements appeared on the passage of the KYC and restrictions on the withdrawals.
Currently, The biggest UNI holders are the main bearers of the Dharma and this is natural. What is certain is that in my opinion there will be a good solution in addressing these issues from several parties and the following policies will be taken so that the DeFi ecosystem runs well.
I sincerely hope that uniswap does not move towards centralization, currently it is one of my favorite decentralized exchanges and I also use its defi part I hope it does not follow in the footsteps of idex which after its centralization has really lost many users...
There is no doubt If uniswap becomes a centralized exchange then it will be in the list of those cex exchanges which are currently in the trust circle of crypto community but the probability of uniswap to becoming a cex doesn't look higher to me so I don't think this is gonna happen ever.
Yes, the centralized exchange owned by Uniswap is very good because the exchange has managed to attract the attention of crypto traders for now, only to survive for a long time I myself still doubt because the trend from Uniswap itself has only happened this year. 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.
Don't be so sure that your funds are completely secure if you use Uniswap or other exchanges like it. I have written a post about it last week so take a look. I was shocked what that "Approve" button actually does.
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.
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.
IMO, it is impossible that Uniswap could actually go beyond centralized exchanges such as Binance. The transaction fee and liquidity fee in Uniswap is too huge and the risk for new tokens is too much compared to tokens you could trade on Binance and other centralized exchange which are already reputable and less risky.
Centralized exchange also have fix transaction fees per trade such as in Binance, I believe it is just 0.10 percent of your trading amount which is relatively better than uniswap when sometimes if the gas fee is huge, one transaction could cost higher than 30 USD.
There is no doubt If uniswap becomes a centralized exchange then it will be in the list of those cex exchanges which are currently in the trust circle of crypto community but the probability of uniswap to becoming a cex doesn't look higher to me so I don't think this is gonna happen ever.
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.
Uniswap started as a decentralized exchange meaning that the main purpose of Uniswap was to be a decentralized exchange, that is the way it is built and will most likely remain. Should in any case the team tries to change to a centralized exchange, many things will go wrong and one of them is, the Uniswap exchange will lose its touch, users and reputation. Hence once the purpose is no longer there, lack of interest will set in and gradually the exchange will die.
Therefore in all ramifications, it is better of being the way it is, but should continue enhancing to be more better. Moreover, being the top Decentralized Exchange, I do not think Uniswap will do anything to jeopardize their platform.
Therefore in all ramifications, it is better of being the way it is, but should continue enhancing to be more better. Moreover, being the top Decentralized Exchange, I do not think Uniswap will do anything to jeopardize their platform.
You can not ask a question when a centralized company will make their products or platforms as centralized.
Centralized companies build up their centralized products, at start and at the ends. They can not change it and they don't have reasons to change it and destroy their ownership and centralized control rights.
Centralized companies build up their centralized products, at start and at the ends. They can not change it and they don't have reasons to change it and destroy their ownership and centralized control rights.
To be fair,,, I have seen a few projects who are quite transparent and show exactly how centralized they are, and they admit it, and that is okay! And they then start to show how they want to do a roadmap of how they will move towards gradual or sometimes even complete decentralization. Normal and good to see that nowadays.
Nope
Unless they tell us that
"Hey our contract is exploit-able, let's move to some sort of centralized contract that Admin can move the coins"
Else, based off the current logic writing of Uniswap smart contract, DEV/Admin couldn't withdraw any coins from pool/liquidity except owner of pooled token
Unless they tell us that
"Hey our contract is exploit-able, let's move to some sort of centralized contract that Admin can move the coins"
Else, based off the current logic writing of Uniswap smart contract, DEV/Admin couldn't withdraw any coins from pool/liquidity except owner of pooled token
I think UNISWAP will not going to do this. If they do they will lose many traders and very high possibility to lose huge numbers of traders. If I am correct they are famous for decentralized and if they turned to centralized then will lose popularity and their token UNI will dump very high.
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.
So far Uniswap is one of the biggest decentralized exchange we have and and because of this the Decentralize Finance is making headlines and booming we should not let them become a centralized exchange, there's a lot of flaw to the centralized exchange, the only issue we have on why we do not want to trade in decentralized exchange is liquidity, now there are liquidity people are now coming here to trade. For example, the Dharma Corporation may well exert pressure and control over Uniswap.
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.
yeah, if they pass their proposal, then they can become leading manipulator on Uniswap, and could exercise all their wishes on the protocol, so it will closer to centralized exchange in the governance process, but it will not be the same, because Uniswap has different underlying protocol, but one step leads to another, and community could expect to receive less in case the Dharma and their partner have more votes, or enough votes to submit any proposal
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.
You can not ask a question when a centralized company will make their products or platforms as centralized.
Centralized companies build up their centralized products, at start and at the ends. They can not change it and they don't have reasons to change it and destroy their ownership and centralized control rights.
I dont have any clue on what you are talking about? If its centralized they can change it whenever they like if its for the good of the platform.Centralized companies build up their centralized products, at start and at the ends. They can not change it and they don't have reasons to change it and destroy their ownership and centralized control rights.
I am sure that uniswap will not follow its predecessors like idex, uniswap has become a good bridge for dex exchange so that it can compete and make dex more attractive to many users. although I know, in crypto anything can happen, especially if profit is the trigger.
How can you be so sure? the only reason why idex implemented KYC is to avoid US based customers. They will get financial penalties just like what happened to Bitmex if they continue not to implement strict KYC. 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.
The fact is not all decentralized projects and Exchanges are truly decentralized, let's not forget that people are controlling these decentralized projects either exchanges or projects, decentralized means out of people's control, cants be uttered in any ways but that's not what's happening around crypto dex exchanges, the word 'decentralized' sounds so untrue For example, the Dharma Corporation may well exert pressure and control over Uniswap.
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.
I am sure that uniswap will not follow its predecessors like idex, uniswap has become a good bridge for dex exchange so that it can compete and make dex more attractive to many users. although I know, in crypto anything can happen, especially if profit is the trigger.
What if there's a change in the near future, can prevent that scenario? Don't close every possible situation that might happen, it might make us frustrated in the end. However, popularity of an exchange still matter in every aspects but don't put your 100% confidence on this project. Always bare in mind that cryptocurrency is volatile, we can't expect it to be stable.
I am sure that uniswap will not follow its predecessors like idex, uniswap has become a good bridge for dex exchange so that it can compete and make dex more attractive to many users. although I know, in crypto anything can happen, especially if profit is the trigger.
It's too early to say that. Once regulators imposed a KYC requirements in able for Uniswap to survive and it's not impossible to happened because there's a huge chunk of free of tax money free flowing on this DEX. They have no choice but to follow once SEC requires it. This is the disadvantage when the team identity behind a decentralized exchange was publicly posted. SEC can easily address their concern to them compared when the team is Anonymous. But there's always pros and cons. I believe they maybe change in centralised in the future but not on this early of the game.
You can not ask a question when a centralized company will make their products or platforms as centralized.
Centralized companies build up their centralized products, at start and at the ends. They can not change it and they don't have reasons to change it and destroy their ownership and centralized control rights.
Centralized companies build up their centralized products, at start and at the ends. They can not change it and they don't have reasons to change it and destroy their ownership and centralized control rights.
Binance, which is a centralized exchanger and has a large transaction volume, also has a decentralized exchanger, namely Binance DEX. It does not rule out this happening because it all depends on the conditions that exist at a certain time
Binance DEX isn't really a true decentralized exchange like Uniswap because they run on their own chain network and not transparent as well,even though it is from Binance the trading volume doesn't reach a shit centralized exchange range. Binance, which is a centralized exchanger and has a large transaction volume, also has a decentralized exchanger, namely Binance DEX. It does not rule out this happening because it all depends on the conditions that exist at a certain time
The binance dex can't be called as the dex and it's not even the same like uniswap which fully decentralized and all of the development will be based on the community decision. Binance dex itself actually controlled by binance and the community of binance has nothing to do with it. You can't put both Bdex and uniswap in the same tier. Both were totally different.
Its the protocols that runs the platform. If its goi g to be decentralized by certain group, they have to reprogram all of it but I don't think many will like it. So far Uniswap is running good, the only complain I have is that fees are high if you buy in huge amounts unlike on cex where fees are fixed. But this is also for the pools to continue. It will kill the project if its going tk be centralized.
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.
It will not happen with uniswap as it has already built the decentralized governance and uniswap will never become a centralized entity. Who is dharma corporation? it didn't have any correlation with uniswap. Uniswap has actually decentralized consider any decision that will be taken must be based on the governance decision that has already taken from the vote of the community.For example, the Dharma Corporation may well exert pressure and control over Uniswap.
It's decentralized.
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.
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.
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.
It has different protocols and it is an open source exchange which let anyone to trade with no need of intermediates like what happens with centralized exchanges but can Uniswap be decentralized forever? Already there has been some debate going about their transparency so even it is decentralized still we no need to trust them and we are not holding our funds there so not much to be worried about future consequences. For example, the Dharma Corporation may well exert pressure and control over Uniswap.
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.
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