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Author Topic: Will UNISWAP become a centralized exchange?  (Read 880 times)
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October 19, 2020, 12:31:43 PM
 #81

I am pretty sure that Uniswap wouldn't do that, even if it could. however, I currently feel that uniswap is the best-decentralized exchange, and turning it into centralized will only make its popularity decline. however, I feel that it will not happen. there are many reasons for that.

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October 20, 2020, 06:20:21 PM
Merited by justdimin (1)
 #82

Given the latest hype news from Uniswap, is it possible that in the new management scheme there will be risks of centralization and possible absorption by big people?
For example, the Dharma Corporation may well exert pressure and control over Uniswap.
Anything can be possible, it’s just with time and things will be changing. But even if some of them decides that they are going to become centralized, there will still be others that will remain decentralized. And if any chooses to become centralized, then they are no longer a DeFi, because only that name signifies that a project is decentralized.

this is not possible because uniswap is already created to be a decentralized type of exchange  and i havent seen an decentralized exchange that turned into a centralized or a centralized exchange that turned into a decentralized but its possible that it can be bought and controlled by more influencial and powerful people because i have seen that on the past
Yes, I have not seen any that is centralized and turned out to be decentralized later. But an exchange that is centralized can decide to create another platform of theirs that’s going to be decentralized; it’s just like what Binance did by creating a platform that is DEX apart from their other main exchange that they are popularly known by.

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October 20, 2020, 06:32:48 PM
 #83

I think it is not difficult, but its not ethical to make it centralized from decentralized. In this way, Uniswap will lose many investors who want privacy and trusted decentralization. But, there is a big challenge to keep transparency at par being a decentralized exchange. However, management can think by which means they will earn more profits and will take decisions accordingly.

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October 20, 2020, 07:17:53 PM
 #84

It will not happen with uniswap as it has already built the decentralized governance and uniswap will never become a centralized entity. Who is dharma corporation? it didn't have any correlation with uniswap. Uniswap has actually decentralized consider any decision that will be taken must be based on the governance decision that has already taken from the vote of the community.
It's decentralized.
Do you know about Idex, before this is Full Decentralized trading platform, but now not Full Decentralized anymore, before using it we must sign in using email. What happens if they block your email that you used to sign up??

Everything can happen, with codding skill, they can make Full Decentralized Uniswap become half decentralized

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October 20, 2020, 07:24:39 PM
 #85

uniswap is a decentralized exchange and is booming in the current market period, there are many Defi projects or ICO projects that are listed on the Uniswap exchange. It's just that I personally don't like Uniswap exchange because of the high transaction fees. but this is one of its main attractions due to the fact that even though the Uniswap exchange is expensive, many people trade there. but in my opinion Uniswap will not be a centralized exchange.

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October 20, 2020, 08:01:40 PM
 #86

everything could happen in crypto market, included decentralized exchange migrate to centralized. if uniswap thinking this is good for their business position in cryptocurrency market i am sure they will do this. but i am not thinking it will happen i in near future due defi trend still be main backcbone. the think developt by uniswap team only gas fee that reall very expensive at this moment.

This will be very difficult to do from the technical side. The exchange operates on decentralized algorithms. People participate in its work, place their coins in pools, earn interest from exchanges. It will be difficult to stop all this and configure it for a centralized exchange. It's much easier to leave everything as it is.

As soon as I understand, they are going to vote for centralization (or against it). However, even the Uniswap developers have divided into two parts (those, who support centralization and the guys that are against it). Let us simply follow the news about UNI. Unfortunately, we cannot affect the voting result.
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October 20, 2020, 08:28:28 PM
 #87

I don't think so, because there are still a few decentralized exchanges, and also Uniswap has attracted many people to trade there, and there are also many projects listed there.
of course there is a risk because there is no guarantee that the liquidity of a coin will be large.

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October 20, 2020, 09:17:01 PM
 #88

i dont think its really possible as Uniswap is totally decentralized and is governed by UNI token holders. And if thing will be done forcefully , i think it will loose its trust and users.
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October 21, 2020, 03:44:58 AM
 #89

I think they won't do this. It has a huge number of traders because it's a decentralized exchange and people like to hide their identity. If they do, they will lose a good number of traders.

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October 21, 2020, 07:18:55 AM
 #90

Not gonna happen even in the future a dex like Uniswap is one of a kind project with first of a kind offering a LP pool not offered in any exchange before.. the idea of this exchange is quite fantastic Imagine you can earn if you participate in LP and you also use this exchange in huge volume with no limits without any KYC approvals unlike in Cex this is one of the good features of Uniswap thats why its popularity is overwhelming.   

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October 21, 2020, 09:22:42 AM
 #91

the uniswap exchange is one of those i use most often, one of my favorites i hope it does not reach centralization but I think it would not change anything for me i would continue to use it even if it was centralized and required the kyc procedure i am too comfortable with it
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October 21, 2020, 09:51:44 AM
 #92

The way the market is going now people now prefer centralized exchange than decentralized exchange which is not stable at this season.
Many investors are afraid decentralized exchange because of the fees that is too high for them to invest and make a good profit in the exchange market. Many people are still waiting for  uniswap to become centralized exchange just because they have more experience on centralized exchange than decentralized exchange.
I think it will take a long time for uniswap to become centralized because many exchangers in the market right now are use to decentralized exchange in the market.

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October 22, 2020, 11:41:46 AM
 #93

Still, I don't notice anything regarding Uniswap become a centralized exchange. I think they won't go for changing it. Many people were interested and it became popular for its feature and one of the attractive features is it is decentralized. People are not interested to publish their identity. So there is less chance that Uniswap will become a centralized exchange.

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October 22, 2020, 12:12:06 PM
 #94

From its look I think the Uniswap defi exchange will not becoming a centralized exchange. It is currently working good and many had expressing good about the exchange while using it.

Uniswap is a unique Defi project and is known by its completely decentralized feature. If time will come and it will undergo changes then I think many of its users will going to be dissapointed and will think of using a different platform that features complete decentralized exchange.
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October 22, 2020, 02:15:46 PM
 #95

Adoption from big companies and make it centralized I don't think it's possible, because even if there is adoption from big companies, the company should already know that uniswap is decentralized and if it changes to be centralized it will make users lose trust.
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October 22, 2020, 02:44:31 PM
 #96

Adoption from big companies and make it centralized I don't think it's possible, because even if there is adoption from big companies, the company should already know that uniswap is decentralized and if it changes to be centralized it will make users lose trust.
well I totally agree with what you are saying because so far they have managed to create an exchange that has a DEX base so it will not be possible for them to switch to another base, so I think they will stay like that for a while until they find a bug case or one that does make the team changed the way of trading on uniswap.
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October 23, 2020, 05:06:16 AM
Last edit: October 23, 2020, 07:00:00 AM by justdimin
 #97

Still, I don't notice anything regarding Uniswap become a centralized exchange. I think they won't go for changing it. Many people were interested and it became popular for its feature and one of the attractive features is it is decentralized. People are not interested to publish their identity. So there is less chance that Uniswap will become a centralized exchange.
Also the centralized exchanges market is pretty solid and stable so there is not much space for a new giant to appear and I won't be surprised it this move would be seen as an aberration because there are exchanges like Binance in the centralized market and no one can really enter this market while they are king of their own decentralized model and it would be plain stupid to leave a market where you were ruling to enter in a market where others are already riling and no space for a new king.

By the way I haven't heard any such news so I am not sure from where these rumors are being thrown in but looks like just hypothetical and baseless assumptions and UNI launched their own token and gave it to their users so if they had any such plans of moving to centralized market why would they do that.

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BTCappu
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October 23, 2020, 04:41:30 PM
 #98

Adoption from big companies and make it centralized I don't think it's possible, because even if there is adoption from big companies, the company should already know that uniswap is decentralized and if it changes to be centralized it will make users lose trust.
Yeah, the core purpose would be lost actually. It would be a similar move like how Microsoft bought Nokia and none of them benefited because Nokia deserved a much better price and Microsoft never fulfill their purpose for the purchase. It would be quite similar here if a big company or exchange merges with uni because uniswap will lose it's core identity that is being a decentralized exchange and that has now gained the trust from users and moving away from their core might cost them badly.

As an individual I would never want them to collaborate with a centralized exchange because really we already have a single dex that we trust and losing it would bring serious questions over the decentralized exchanges and their longevity.

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Rexler
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October 23, 2020, 06:10:46 PM
 #99

I think there's a possibility to convert a decentralized exchange to a centralized one, remember not all exchanges that claim to be decentralized are truly decentralized, uniswap on the other hand has been a great in spear heading the DEX movement in crypto, but I doubt if it's gonna remain a DEX forever, let's not forget IDEX was also like this at one point in time.

Ebullientfellow
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October 28, 2020, 11:43:37 PM
 #100

This is crypto space where anything can happen. It has one happened to IDEX, so in the event of new management and/or government interference, there could be the introduction of some centralized components. But that would really drive traffic to other swapping protocols.
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