ReiMomo
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Duelbits - $100k Bonus/week
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June 06, 2018, 03:13:02 PM |
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Very good information shared in this forum. Each and every exchange has been segregated and identified with their positive and negatives is awesome. Really wonderful post I believe, I personally heard about DEX and the information you have provided adds value to what I know.
All the exchanges are good and each exchanges has their own merits and demerits I think.
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d5000
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Decentralization Maximalist
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July 06, 2018, 03:15:45 PM |
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I have outlined how a complete replacement for centralized exchanges could look like: https://bitcointalk.org/index.php?topic=4102739.msg38097740#msg38097740. It would be a mix of a Bisq-like protocol, stablecoins (like Dai or BitUSD) and atomic swaps (BarterDEX-like TierNolan-protocol-based or Lightning-based). The only thing it wouldn't support is high frequency trading. Interesting proposal, BarterDex supports both Tether and TrueUSD. Integrating with an escrow service and then it's ready to go. My proposal would use "decentralized" stablecoins, which have some incentive mechanism to maintain the price stable, but no centralized "backer" like Tether. The reason: these IOU-stablecoins are equally dangerous than MtGox. They introduce a single point of failure. TrueUSD seems a centrally-backed stablecoin too, so it's also not what I'm aiming at. My proposal would be to integrate something like the DAI. It would be easier, however, with Basis/Basecoin, as this kind of coin has no "forced settlement" to fear. @zaylynn: It seems that Faast is not a decentralized exchange but a centralized instant exchange like Shapeshift. At least, I wasn't able to find information about its inner workings (in fact, on their website they don't claim they are a DEX).
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sunnydmd
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Blockchain with solar energy
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July 06, 2018, 03:31:15 PM |
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thank you for this informative topic. ^^ DEX is the future of trading platforms. but for this downtrend, I don't think any project can has good fame. still prefer kucoin cause it listed lots of ICO
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minerdiary
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July 06, 2018, 03:48:32 PM |
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I also hope that in the near future decentralized exchanges will become convenient, fast and will help to make the exchange of cryptocurrency as well as on centralized exchanges but with less commission.
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Anrxa
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July 06, 2018, 05:05:22 PM |
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I think that to develop a fully autonomous decentralized exchange, a link between the various blockchains is necessary. For example, a "Parachain (Parallel chain)" in the Polkadot project. When this project is implemented, maybe new solutions will appear.
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KryptoKai
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July 06, 2018, 05:46:35 PM |
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BISQ needs to be added to that list, it is a decentralised exchange with a nice selection of privacy coins. As anonymity is highly sought after in the crypto world you can bet that BISQ is going to succeed due to having a niche market without competition
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Acura3600
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July 07, 2018, 07:32:34 AM |
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I can say to you that altcoin.io is not decentralized - read there Privacy Terms ... They store your token on the blockchain, and then when you want to trade, they connect you with another individual who also has token stored on the blockchain. Then Altcoin.io perform an atomic Swap, removing the middlemen from the exchange process. They store, they connect, how is that decentralized ?? They are still the middleman themselves. This is marketing mambo jambo ! Ref Links? Fully decentralized? Think again! INTERNATIONAL VISITORS AND CUSTOMERS
The Platform is hosted in the United States. If you are visiting from the European Union (EU) or other regions with laws governing data collection and use that may differ from U.S. law, please note that you are transferring your personal data to the United States, which does not have the same data protection laws as the EU, and by providing your personal data you consent to:
The use of your personal data for the purposes identified above in accordance with this Policy; and
The transfer of your personal data to the United States as indicated above.
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sud
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July 07, 2018, 07:43:10 AM |
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@Acura3600
Whoops, looks like you are right, I wasn't digging too much just read thru their first page. Decentralization is becoming the buzzword for crypto marketing...
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shinratensei_
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Leading Crypto Sports Betting & Casino Platform
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July 07, 2018, 08:15:41 AM |
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@Acura3600
Whoops, looks like you are right, I wasn't digging too much just read thru their first page. Decentralization is becoming the buzzword for crypto marketing...
Everything has mentioned about they are centralized but they don't even know about the meaning of the decentralized. The majority of the platform is using it to be the marketing purpose right now. The decentralized just a marketing word but the majority of people are still lack of knowledge about that.
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freim
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July 07, 2018, 08:40:25 AM |
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I have a quality share, I think the same thing. I read the entire article and I was informed. I wish everybody has plenty of money in this market.
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Winnerschapel
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July 13, 2018, 02:45:55 PM |
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I quite agree that decentralized exchanges are the future. It gives the user the enablement to trade its tokens without registration. The user only needs to input his private keys and does his transactions. Trading with centralized exchanges comes with risks as anything can happen to the exchaange and if you have funds in it, you lose the funds as well
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pissuyakkuu
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July 24, 2018, 11:05:04 PM |
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I trust somebody chooses the undertaking and creates it however, on the grounds that I believe it's extraordinary compared to other DEX ideas that have been distributed. I cherish Blocknet and other DEX that I think about is Internet of Coins. They are having ICO however one month from now. Likewise need to see an examination of their innovation included here also. Such a large number of terrible things happen when you don't generally check your interest in only one moment. Your venture offer might be all off-base. I additionally put resources into poloniex and I was extremely cautious on the grounds that A great deal of contentions and furthermore site issues. much thanks to you for observing
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Piranha1
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July 24, 2018, 11:12:59 PM |
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I have some problem or concerns when using decentralized exchange. First, in using DEX they set minimum selling and buying amount which i think is not favorable to some users. Second, the security features in DEX is not so good in my opinion which is prone to hacking.
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zieglerkk
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August 04, 2018, 02:36:55 PM |
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I have some problem or concerns when using decentralized exchange. First, in using DEX they set minimum selling and buying amount which i think is not favorable to some users. Second, the security features in DEX is not so good in my opinion which is prone to hacking.
I always tend to prefer a DEX for executing my trades rather than a centralized one-I just have to spend some time searching for the DEX that has the token that I want and enough liquidity (I have my list of personal favorites). Regarding your first concern if you do proper research you can find a dex with a minimum deposit/withdrawl of 0.001 ether. As to your other concern, I always thought that a CEX was more prone to hacking than a DEX by definition! And increased privacy is always a plus! No KYC, no accounts required! My go-to DEXs are IDEX, EtherDelta, and Ethen!
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otunyot
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August 04, 2018, 05:02:07 PM |
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Dex is the future of Cryptocurrency trading. The whole idea of Cryptocurrency is about trust less transactions and p2p everything. Regulation might restrict Cryptocurrency activities in the future, but I believe Dex will come to the rescue.
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royalfestus
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October 06, 2018, 02:40:56 PM |
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More focus should be for other blockchain platforms like neo, stellar, achain, NEM etc if they cant have a platform that can access all but also give advantage to more decentralized exchanges that can trade their tokens.
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gatilocoin
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October 07, 2018, 04:14:37 AM |
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Stellar X someone already tested? How do you like him?
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Acura3600
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October 07, 2018, 09:06:05 AM |
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Stellar X someone already tested? How do you like him?
not decentralized
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