Bitcoin Forum

Economy => Service Discussion => Topic started by: saturn.network on February 26, 2019, 03:14:25 PM



Title: Binance "DEX" review
Post by: saturn.network on February 26, 2019, 03:14:25 PM
Our Binance DEX review was confirmed by CZ to be a great analysis:

https://twitter.com/cz_binance/status/1097829532097163265

Quote
...it does not sound like Binance DEX will be the decentralized revolution it was hyped to be. Rather, it will be an evolution of an established centralized business. Admitting centralized control and playing it out to the max will allow Binance to offer the best possible service to its customers while greatly improving transparency. Binance will truly become the most evolved and advanced centralized exchange on Earth, and the best possible tool for speculators...

Read full review on our blog:

https://blog.saturn.network/binance-dex-review/

What are your thoughts?


Title: Re: Binance "DEX" review
Post by: BitMaxz on February 26, 2019, 08:01:32 PM
I think much better if you let other know this from this thread  https://bitcointalk.org/index.php?topic=5112287.0
Who seeking for reviews about Binance Dex.

and I think this is still in beta testing as what binance announce from their twitter account.

When do you think that the Binance Dex will move or transferred to mainnet?


Title: Re: Binance "DEX" review
Post by: pooya87 on February 27, 2019, 05:32:19 AM
i find it very dishonest that this has always been advertised as "decentralized" exchange while it clearly is not. additionally one of the main attributed of a decentralized exchange should be its open source nature where people can review the code and even compile it from the source code on their own. i can't find anything on GitHub so far: https://github.com/binance-exchange and that is bad.

another issue is that they are using their own token (BNB) a lot which is not good since it gets pumped and dumped a lot and is nowhere near stable!
and finally using it inside a browser may not be the best choice, i prefer compiling an actual app and stay away from javascript as much as possible :P