"dexchanges should be, IMHO, very carefully considered"
"Bitsquare provides is not at all the sort of 'Wall-Street price discovery' that has characterized cryptos since Mt. Gox? but rather a slow-motion reality, something more akin a village marketplace"
--
within those words are the core principles of 'D-L-Ex'
running on the old legacy 'trust' tech, of which is only granted via merit and time.
my point is 'D-L-Ex' is 'THE dexchange 1.0'
and the polar opposite are exchanges like Bitfinex, Cryptsy, and Polo
everything else will fall in between