~snip
I think if the exchange developer wants to freeze the assets that we have, then DEX with the Exchange can still do the same thing. Because DEX must also make a deposit before making an exchange. So, we use this exchange only based on the trusted in exchanges.
Out of all those exchanges you mentioned, I only recognise the name of two exchanges there which is switchedo and Idex but even Idex has enforced KYC in their exchange, but I can mention 19 centralised exchanges and 80% of people reading this thread would recognise their names, the point I am trying to make is that centralised exchanges are still king and I don't see that changing anytime soon unless something really bad happens.
If a DEX has backdoors that some central authority can use to change infrastructural rules, it's not a true DEX
A true DEX, once launched, cannot be altered or shut down.
Decentralized exchanges are still the best of them all to use and the reason why we all keep our money in CEX or use them is still because of the irrelevant volume on dex exchanges, because no one wants to keep their fund in a place where they will not be able to get their transaction done fast and in a conducive way which is still the power that big centralized exchanges have over dex exchanges.
I sure believe that many people will be willing to use a decentralized exchange whom even have more secured platform than that of centralized exchange if they can have the volume that is needed for it. I wish that these dex exchanges that you listed here could actually try their possible best to just ensure that 2020 is really their year because enough is actually enough of these cex exchanges.
CEXs could win their fair share of battles, but DEXs will win the war. They already win in terms of privacy and security. Soon enough, volume and speed will be comparable enough to make them a real contender.
I strongly believe Stakenet has the best potential to redefine everything people have been saying about DEXs in this thread.
