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Author Topic: 4 more days until the Binance killer is LIVE  (Read 311 times)
boss1dg
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July 20, 2018, 03:06:05 PM
 #21

It is not live yet , not able to see anything comparable to binance . in paper it is easy to call any project the killer of other competitive project , but in reality you need to prove it . first let it work properly then we can speculate about its success .

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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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July 20, 2018, 04:07:59 PM
 #22

Lol, they have a long long way to go before they could be called a 'Binance Killer'.
I'm happy that we're now seeing more and more competition between exchanges, there's nothing wrong with new ones popping up left and right.

I hope it weeds out the sketchy ones.

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July 20, 2018, 09:55:25 PM
 #23

The problem with exchanges is that at the very beginning they seem all fine, but after a while when users start to accumulate and the exchange operators get cocky, they'll stop caring about their users and end up just like any other exchange with loads and loads of complaints. I'm glad that I am using a local exchange service currently, especially with support in mind. If there is a problem or you have a question about something, they'll respond in an hour or so during business hours. The smaller the service is the more it respects its customers, which applies to any business regardless of the industry they operate it.

That's right, many exchanges have difficulty handling the number of customers, if the exchanges have millions of customers which takes time and great service will prove the best exchange. Being number 1 in volume (https://coinmarketcap.com/exchanges/volume/24-hour/) doesn't mean become the best exchange as people have their own judgment based on experience and their needs to trade or support a certain currency/bank, whatever. But for now, people attracted to Binance and become option number 1  to trade.
this is too exaggerated, binance killer, LoL Cheesy
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July 23, 2018, 05:01:11 PM
 #24

Binance killer sounds interesting but do you think its competent enough compared to Binance? The largest one right now is Binance, you should have a comparison checklist. You know each exchange type has its pros and cons.. Meanwhile, lets have a look of 3 different approaches 1. Centralized Exchanges 2. Semi-Decentralized Exchange 3. Instant Exchange

Lets check how it work and how we can save money.

https://medium.com/faast/binance-vs-kyber-vs-faast-which-exchange-will-save-you-the-most-money-e19972dd11df
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