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Author Topic: Is something actually being developed to solve the centralized exchange problem?  (Read 3474 times)
PremiumCodeX
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September 07, 2016, 07:59:35 AM
 #21

InstantDEX will be supposed to be an alternative to the centralized exchange in the future. Due to its new and different being, it will need alot of testing, though ( because of the new technics ) and as a matter of fact decentralization is not being bulletproof against every attack so until I see that it is safer than my exchanges I appreciate my exchanges, that I am familiar with and I am in good touch with their developer teams, a bit more.

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September 07, 2016, 11:05:59 AM
 #22


Isn't the purpose of bitcoin is to eliminate trust in the equation in making transactions and trades? Wasn't it written in Satoshi's paper?


Of course, but it doesn't exist in a vacuum and maybe never will. There'll always be the need to interact with fiat.

Bitsquare's great for what it is but I'll guess that very few people use exchanges for the straightforward buying and selling of Bitcoin. They're there to play market and I don't think there's a way of realistically decentralising that yet.
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September 08, 2016, 06:06:11 AM
 #23

But you have to put a little faith in it. Bitcoin and blockchains is quite new to us. You do not think that we are only scratching the surface here and have not seen the full potential of the technology? I believe it would take a while before we could all embrace it to become a part of our daily lives. It is like how the people from before fully embraced paper money. It took a while, 400 years I think before our ancestors were able to let go of their gold and silver coins and accept to use paper money.

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September 08, 2016, 08:17:23 AM
 #24

A nice guide to help people to open fullnodes.
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And in the dark (?), open them!

I thought it was funny put like that but yeah, I'm serious. I would like to open my fullnode to learn more and maybe create a business with it (i'm a programmer).
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