Decentralized Cryptocurrency ExchangeCompany such as: Counterparty, NXT, BitShares failed to deliver what people really want.
The one and true way to a decentralized currency exchange is when a user buy cryptocurrency pairs such as BTC/XBOT, BTC/Doge, BTC/LTC, BTC/PND
They can withdrawal Xbot coins, Dogecoin, Pandacoin, Litecoin to their Desktop Wallet.
Most importantly, the supply of coins must be verifiable, this is to ensure that no cryptocurrency exchange can borrow other people's coins to short sell.
This is the ultimate goal of decentralized cryptocurrency exchange.
Any thoughts?--------------
related thread:
Exchanges make 1million per month on Proof of Stake dumping.
https://bitcointalk.org/index.php?topic=833793.0