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Author Topic: Do you think the Decentralized exchange will be the future?  (Read 341 times)
Thaoni21 (OP)
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July 10, 2018, 05:05:59 PM
Last edit: July 16, 2018, 12:07:25 PM by Thaoni21
 #1

The issue of moving fast and some exchanges being closed, is simply blocking a group of people trying to access. To avoid this, we can only rely on decentralized exchanges.
This means that the exchange only works on the controlled smart contract
nikitin-sasha
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July 10, 2018, 05:11:08 PM
 #2

In decentralized exchanges, there are no fake volumes of trades. Nobody can steal your money or ban the exchanger. I will be happy to move to decentralized exchanges   if will be faster
Svelto
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July 10, 2018, 05:11:37 PM
 #3

I do think decentralised exchanges are the future if a few problems such as unpredictable fees, slow interface, security, lack of support and etc.
Originator
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July 10, 2018, 06:08:24 PM
 #4

As I think, in the current state, in which there are decentralized exchanges, there are many short-cuts. Both technical and social. Well, so far, not much people are engaged in an exchange. Perhaps their time has not passed, but everything can change dramatically. Centralized exchanges can become under the pressure of states or banks. Then the alternative exchange will begin to develop more strongly. Personally, I have not yet used decentralized, but I'd like to try  Grin
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July 10, 2018, 06:12:30 PM
 #5

I do think decentralised exchanges are the future if a few problems such as unpredictable fees, slow interface, security, lack of support and etc.
For some features i do agree but only one thing i wont agree is about the security. Centralized and decentralized it doesnt matter yet they are still prone to attack. Decentralized exchangers might show up if strict implementation would be applied on any exchange that do operate on a certain state where users would even have a hard time on using up their service or just simply they dont like to comply the KYC thingy but rest assured centralized exchange will surely stay.

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gaurav82
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July 10, 2018, 06:17:22 PM
 #6

Yeah, it can be future. But it has lots of stones on its road. Running is very difficult. By slow steps can reach to the destination.
eagleman
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July 10, 2018, 06:32:19 PM
 #7

Another way might be atomic transfer features in wallets.
If there's an exchange that going to have this feature, I'll start using it but until now there's no exchange that can provide this.

Not today but its possible in the near future.
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July 10, 2018, 09:15:22 PM
 #8

Yes, I believe that decentralized exchanges will become major. Most likely, traditional exchanges will cease to exist, due to the fact that decentralized exchanges are much safer so people trust them more.
mummybtc
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July 10, 2018, 09:27:29 PM
 #9

In decentralized exchanges, there are no fake volumes of trades. Nobody can steal your money or ban the exchanger. I will be happy to move to decentralized exchanges   if will be faster

Beware of what you ask for, there are reasons why decentralised exchanges still lack volume when compared to Centralised exchanges, Deceentralised exchanges too can hacked, EtherDelta is a good example, what I think we need is a industry standard. Yesterday Bancor exchange was hacked and lost close to $25 million
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July 10, 2018, 09:34:24 PM
 #10

Yes, I think decentralized exchanges are the future.  Day by day people will move to the decentralized exchange. But there has a problem too. Most of the decentralized exchange has bad customer support, there has fear of hack too. But, My experience says that decentralized exchange got hacked less than a centralized exchange. Decentrali9zed has low withdrawn fees, a fast deposit system. Overall, the decentralized exchange will be the future.

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July 10, 2018, 09:46:10 PM
 #11

I think there are still some improvements that need to be done on so many decentralized exchanges. Also, on the aspect of security, there were instances where both centralized and decentralized exchanges were hacked.
senin
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July 10, 2018, 09:58:05 PM
 #12

Decentralized exchangers will have a future, at least because of the possibility of maintaining their anonymity. Many will use them to avoid taxation, as centralized exchangers will transmit information about their customers to the host country and any country on request.
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July 10, 2018, 10:00:22 PM
 #13

The more regulation we're going to see the more decentralized exchanges will be popping up. Maybe atomic swaps will be a bigger thing in the future.
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July 10, 2018, 10:32:11 PM
 #14

Any decentralized system is much better than usual, and that's why I think that gradually everything in our world will support decentralization. Binance and other centralized exchanges will definitely move towards decentralization.
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July 10, 2018, 11:46:56 PM
 #15

Definitely, if they can provide safety of funds, which centralized exchanges surely and obviously cannot at this point. All these hacks and bad news going on got me thinking of moving to DEXs in the future. Just like bitcoin network as a whole can't be hacked, it's nice to think that decentralized exchanges would behave in similar manner.

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July 10, 2018, 11:51:00 PM
 #16

For a decentralized coin then it should be the same way.
Let the other coins who do KYC's be registered to centralized exchanges since they already took information about the user. There is no more privacy after all.
The essence of creating crypto currencies is out now. They want a lot information about the user to give him good amount of withdrawal and deposited coins.

This became the trend ever since one big exchange made it mandatory.

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July 11, 2018, 12:03:07 AM
 #17

Yeah sure, Decentralized exchanges will be the future of the exchanges and the crypto currency, even Ethereum founder has said it as well, centralized exchanges are just taking more than required, imagine paying 5 - 10 Millions dollars to list coins, it's way too much, no wonder ICO's tries to raise huge funds.
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July 11, 2018, 12:14:47 AM
 #18

In decentralized exchanges, there are no fake volumes of trades. Nobody can steal your money or ban the exchanger. I will be happy to move to decentralized exchanges   if will be faster
Is it the case with decentralized mate? I thought to this day that they are not safe to use. With this i am going to study more on decentralized exchange.
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July 11, 2018, 12:22:54 AM
 #19

In decentralized exchanges, there are no fake volumes of trades. Nobody can steal your money or ban the exchanger. I will be happy to move to decentralized exchanges   if will be faster


If decentralization will happen in the future ,it has 50% chance  that it might approve or denied. It has to under go a long process and debate  in each country before it will approve.  We need to identify first the pros and cons , also the effect in cryptocurrency.
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July 11, 2018, 12:25:27 AM
 #20

the emergence of the blockchain technological framework has in no doubt resurrected projects that were not in existence pr generally practiced and was at the verge of dying off. the example of one of such is the  exchange of decentralized framework of cryptocurrency and it will work as long as the blockchain technology exists.
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