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Decentralized Exchanges
#41
Vitalik Buterin Blasts Centralized Cryptocurrency Exchanges.
Cryptocurrency exchanges are a vital aspect of this industry. Although they make it more convenient for consumers to embrace this new form of money, there are a lot of concerns associated with these centralized platforms. Vitalik Buterin is convinced that these companies are a problem and should burn in hell.

Read this on https://nulltx.com/vitalik-buterin-blast...exchanges/
What is this thing that builds our dreams, yet slips away from us?

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#42
They are a problem. Extensive crazy KYC is now required for me to use cex.io. I need another alternative for crypto to fiat.

Anyone using coinbase? It's a bit expensive I think.
Cardano is the most promising 3 gen. crypto right now.


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#43
Bancor is a decentralized token exchange. I think it is too expensive and many tokens don't have a history. It's very different and don't have bid/ask and market depth. Yesterday they were also hacked.....

https://cointelegraph.com/news/decentral...aintenance
Cardano is the most promising 3 gen. crypto right now.


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#44
Actually Charlie Lee (Litecoin creator) wrote on Twitter:

"A Bancor wallet got hacked and that wallet has the ability to steal coins out of their own smart contracts. ?‍♂️

An exchange is not decentralized if it can lose customer funds OR if it can freeze customer funds. Bancor can do BOTH. It's a false sense of decentralization."

https://twitter.com/SatoshiLite/status/1...6158234624
Cardano is the most promising 3 gen. crypto right now.


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