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Author Topic: Buterin Hopes Centralized Exchanges "Go Burn in Hell"  (Read 79 times)
pageraji
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July 10, 2018, 05:03:09 AM
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Vitalik Buterin, co-founder of the Ethereum platform, talked about a wide range of topics during an interview with Jon Evans at TechCrunch Sessions: Blockchain. Among other things, he said “I definitely hope centralized exchanges go burn in hell as much as possible.” According to Buterin, there’s no reason some projects need to pay USD 10 to USD 15 million in listing fees to let people trade their tokens on centralized exchanges.
https://youtu.be/OHMjbsKN1p4

i agreed wit this statement, what about you guys?
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July 10, 2018, 05:06:25 AM
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I do concur; crypto aim is all about decentralization; imagine a project that is good was not able to make it hardcap ; would they now not be able to list on an exchange if there where only centralized exchange; again centralized exchanges gets hacked all the time
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July 10, 2018, 05:10:20 AM
 #3

For me they can pay for the listing but not that high, imagine when you pay them that high they can't event protect their client with full security support cause some centralized exchanges has been hacked now let's just face the truth. so if they want to get profit by maintaining it just a little enough payment for the maintenance and that would be nice if they want.

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July 10, 2018, 05:36:18 AM
 #4

I don't know if it is a literal or just a metaphorical statement but--yes--I do agree with him. Almost all of top-tier CEX with a high 24h Volume requires a lot of money just to get list on them. But, the points is, was the listed coin/token really a good one or just listed because they pay for the listing fee? Do they really examine a coin/token or just focus and stay on this particular requirement?

Well, I think, even in cryptospace---money is all that matters.
pageraji
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July 11, 2018, 04:13:35 AM
 #5

maybe this is one of the reasons why ICO who only get a little fund or just soft cap have difficulty reason to hit big exchange,, but for me DEX exchange is better
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