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Author Topic: will decentralised exchanges be the future ?  (Read 1920 times)
mmo4me.2016
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September 27, 2018, 05:01:27 AM
 #61

This is true, every transaction will be decided directly between the buyer and the seller, just the middleman! That will be the future of safe and transparent transactions!
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September 27, 2018, 05:18:49 AM
 #62

Decentralized Exchanges and the protocols that they are built upon have seen huge strides being made in the last couple of years. A lot of issues that a general purpose blockchain use-case faces like scalability, slow-adoption, volatility and whatnot are gradually fading away.
Most of these problems stem from the fact that a large number of claiming-to-be “Decentralized” exchanges were either hidden behind centralized back-end systems
libert19
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September 30, 2018, 03:01:25 AM
 #63

Binance centralized exchange already working towards getting decentralized. If Dex do not require kyc to trade then they are indeed the future.

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Lexurdania
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September 30, 2018, 03:09:22 AM
 #64

Decentralized exchanges is the future of crypto exchange. Many people still afraid using decentralized exchange but i am believe that exchange will increasing their security. From what i know, decentralized exchange right now increase their transaction value and many crypto people start to trade with decentralized exchange

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KHodl (OP)
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October 03, 2018, 08:36:51 AM
 #65

I just started using Sparkdex but it has low liquidity ;(
LeewayHertz
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October 03, 2018, 09:00:10 AM
 #66

Have been searching for decentralised exchanges to trade on for security reasons after watching Andreas M. Antonopoulos - https://www.youtube.com/watch?v=hi_jaw0dT9M .
So far the Bitshares DEX has been the most liquid and what seems as truly p2p but other Ethereum based dexs are potentially good also. Will DEXs really be the future ? Or will centralised exchanges slowly become decentralised.  

Cryptocurrencies and blockchain-based technologies are blooming. Transaction volume has reached $20B per day, market capitalizations are through the roof, and user adoption has reached a truly global scale.

Paradoxically, more than 99% of all cryptocurrency transactions pass through absolutely centralized exchanges on platforms such as Coinbase, GDAX, Binance, and Bittrex. That’s right, decentralized assets are being stored and traded on centralized platforms which operate as escrows for their clients and do not record transactions on the blockchain. This has led to massive breaches of security and the unsafe handling of funds, private keys, and personal data. In 2018 alone, more than ~$730M in cryptocurrency has been stolen by hackers.

The blockchain community understands this problem, and several entrepreneurs are taking it upon themselves to create what they believe will be the future of trading: Decentralized Exchanges.

We always focused on the future so LeewayHertz is developing Decentralised Apps for Startup and Enterprises. For more Visit LeewayHertz
happy weblancer
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October 03, 2018, 06:46:28 PM
 #67

Decentralized Exchanges and the protocols that they are built upon have seen huge strides being made in the last couple of years. A lot of issues that a general purpose blockchain use-case faces like scalability, slow-adoption, volatility and whatnot are gradually fading away.
Most of these problems stem from the fact that a large number of claiming-to-be “Decentralized” exchanges were either hidden behind centralized back-end systems

Decentralized exchanges appear more and more every day. They appear for the reason that people have a need to trade crypto. But this doesn't mean that centralized exchanges will become decentralized. No one wants to lose control of them. Decentralization is the absence of control.
Chiko.fun
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October 06, 2018, 11:13:38 AM
 #68

Cryptos are decentralized and decentralized exchange is futuristic. Transactions take place directly between users through an automated process. I only conclude that this decentralized exchange will have a future, but in better and more positive terms, the exchange can happen well and cost is cheap and safe, many will be there to Keep up the conversation. It is not popular. The p2p exchange rules always appear in the cryptographic market.
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October 06, 2018, 11:15:05 AM
 #69

Everything is possible, and this case is also considered, because there are basic rules while no one wants to change them, so I think soon everything will change and it will be instilled in the work.

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October 06, 2018, 11:32:32 AM
 #70

In times like this, Everyone can easily see the advantages of decentralized exchange. Decentralized exchange are not contributing to fake volume and the trade on the exchanges are faster because all the sell and buy orders are real. No extensive registration for safety e.g. the 2 factor authentication that does not make the decentralized exchange safer. The only missing aspect is the exchange for fiat.

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Leyss
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October 09, 2018, 04:51:26 AM
 #71

I believe that over time, the demand for the use of decentralized exchangers will grow because many will consider the established tax rate in their state to be too large and unfair to find decentralized exchangers to avoid paying such a tax. In addition, it will be quite realistic, the states will not be able to receive information from such exchangers.
Kakmakr
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October 09, 2018, 05:51:57 AM
 #72

As long as there are no reason for people to move to decentralized exchanges, they would continue to support centralized exchanges. The 9/11 event was the trigger for the USA to go to war and also to infringe on people's privacy without their permission or probable cause and this sparked a new awareness for individual privacy.

We need a 9/11 <without the violence> wakeup call for people to understand why they need to use decentralised exchanges.  Roll Eyes

Most people are content with centralized exchanges, because they do not know the reason why they need to use decentralized exchanges and it is also what they are used to with the fiat systems.

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October 09, 2018, 07:35:08 AM
 #73

i have a confidence that decentrailized exchange will be our future because digital currency is developing more and more. In near future, decentralized exchange will replace centralized exchange
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October 09, 2018, 09:22:23 AM
 #74

Decentralized trading platform is the incoming and safest trading platform form,the charges are quite easy,and your fund will always be with you,so I believe it will be better than centralized..
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October 09, 2018, 09:42:52 AM
 #75

Right now dex's not enough capable to witdraw heavy activity.

But they are getting better and better everyday. One day, they may become the real deal. So, yes. They can ben the future.

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October 09, 2018, 06:28:47 PM
 #76

Cryptocurrencies and blockchain-based technologies are blooming.  market capitalizations are through the roof, and user adoption has reached a truly global scale. Blockchain’s increasing utility in diverse use cases is moving the world closer to a trustless economy, thus removing the need for third parties to exchange goods and services.
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October 09, 2018, 06:47:26 PM
 #77

DEX should be the future, only problem is that CEX which have made a name for themselves in the space aren't interested in going that way.

Seems everyone is giving into the wishes of regulators against the peoples. One exchange making effort in this regard is binance.

Cryptocurrencies are suppose to be decentralized but no one wants to actually think that decentralized exchanges should also drive this.

Thanks to ethereum's efforts at giving room for them. Only problem with ethereum DEX is their little complexity, besides not being easily shutdown,

the security of traders funds is key, so I think decentralized exchanges are the future. But until a major player in CEX embraces the idea

(at least to support them with the already acquired liquidity/volume) of DEX, we would still be far off. Kudos though to bitshares, crypto-bridge, openledger and

binance
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October 10, 2018, 01:57:53 PM
 #78

i don't think centralized exchanges are going anywhere or even changing in the future. they may become more secure but that would be about it.
at the same time decentralized exchanges will grow but as an additional option that you can use if you wanted to go that rout and needed the decentralization. but there is still a lot of downsides to them for example you can not trade with fiat on a decentralized exchange, it still remains easier to use  centralized ones for that matter.
Of course, the inability to trade with Fiat is a minus for decentralized exchanges, but in the future, when cryptocurrency will be used as money and Fiat’s influence will be less than now, then decentralized exchangers will be more popular and in demand. Decentralized exchanges are the future and they will continue to exist.
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October 10, 2018, 03:00:22 PM
 #79

Centralized and decentralized exchanges have their own advantages and disadvantages.
Centralized exchanges are less secure and more prone to hackers whereas DEX are more reliable and more secure.
CEX have more volume to trade and process the trades rapidly but DEX are slow since they have low volume.
Similarly, there are more pros and cons for each and it depends on the trader on what aspects he want from the exchange.

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October 10, 2018, 05:44:49 PM
 #80

The decentralized foundation can limit the loss of money. But in my opinion it also has weaknesses that are long order matching toccs, slow processing speed is not like the trading floor like binace or other large floor.

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