does it have the potential to replace exchanges like polo and bittrex?
does it have the potential to replace exchanges like polo and bittrex?
We can't say still that it may have, but it has a potential, but what I am looking for is their Bitcoim wallet where you can have a full control of your currency assets, even in the exchange, you can have full control. The wallet may be still under development, but I know many users are looking forward to it too.
Not really, NVO will bring innovation, it is like comparing a paper and keyboard, it is different, even if they can both do the same thing in different ways. You can still use both if you want (like me).
You could also compare bitcoin and banking system, yes bitcoin is an innovation, and both cohabit.
Hi! Am very happy to have been accepted on my first signature campaign promoting NVO. It's got a good concept but the only thing I would like to see is support for at least a few other major alts. BTC, ETH and XRP are great except I don't have any ETH but that doesn't mean I won't consider moving over to a new wallet.
Good luck - let's hope we see more competition in decentralised exchange.
You will have the possibility to add your prefered coins to the wallet, read the big post, i know it is long.
does it have the potential to replace exchanges like polo and bittrex?
We can't say still that it may have, but it has a potential, but what I am looking for is their Bitcoim wallet where you can have a full control of your currency assets, even in the exchange, you can have full control. The wallet may be still under development, but I know many users are looking forward to it too.
Think outside of the box and make a small comparison:
| | | Traditional exchanges | | | NVO | | |
| | | Centralized | | | Decentralized | | |
| | | Competitive fees | | | Competitive fees | | |
| | | Exit Scam/hack Risk | | | No risk of exit scam/hack. | | |
| | | Private keys owned by the exchange. | | | Private keys owned by individuals. | | |
| | | Privacy loss due to registration and verification tiers. | | | No privacy loss. | | |
Someone could probably come up with a better and more detailed comparison if they spent more time. This makes it perfectly clear why such a project has extreme potential.
Thank you Lauda, much appreciated.
the idea is brilliant and in the longrun i even think that there is much more demand for exchanges as crypto is growing
in the short term there will be the issue with volume, there are trading sites that just fight with low volume and i dont really have seen an "easy" way to get volume fast
Well having a lot of options is a really good idea much more a wallet and exchange is one of the unique features of it. Too add NVO.IO is a kind of wallet/exchange that offer a unanimous account in which consumers will surely love no personal information will be taken from you unlike some wallets that require personal info and verification to be compliant with some government requirements.
The wallet aims to provide an alternative to original crypto wallets. It means that users will be able to use their wallet as like as any other wallet, except that it will have a lot more features, a DEX, multi coins and so on.
i know that yani wants absolutely to add coin controle feature to the wallet for all the coins who supports it.