I beg your pardon for being off-topic.
But as you have an immense understanding of crypto currencies, I thought I might ask a question regarding a part of the recent conversation.
I'd have asked via PM, but I bet a lot of people are interested in your assessment.
, but the Cryptsy thing pisses me off. The high level of scuntitude they've displayed and complete disregard for their customers just makes me want to scream. I did in my car on the way home, but it didn't help.
Why do you scream when you've been incessantly warned that storing your crypto currency with any third party is inherently unsafe and can never be safe.
That is why we need decentralized exchanges, but these have technical challenges that have yet to be overcome.
Don't you think that decentralized exchanges like
MercuryEx or
Blocks & Chains Exchangeare on a good way, because in difference to other decentralized exchanges they use no proxy tokens, but do transactions on the native blockchains.
My understanding is, that MercuryEx has been stopped, because transaction malleability makes using it unsafe until OP_CHECKLOCKTIMEVERIFY is widely available.
And Blocks & Chains Exchange is not as decentralized as some might wish, but for a corporation that might still be ok and much better than the current centralized exchanges.