Quote from: sindikat on March 17, 2018, 02:54:38 PM

Quote from: stompix on March 17, 2018, 02:43:08 PM

Quote from: justin86 on March 15, 2018, 07:55:58 PM

Decentralized exchanges are the ones needed most, we are trading decentralized coins in centralized exchanges Grin

but no worry we have great dex OAX developing

No, we don't need exchanges, centralized or decentralized.
If we're going to really move to a cryptocurrency we must start using cryptos directly.
Right now exchanges have gone far from what they were supposed to be and ended up as a stock market where everything is priced in fiat.

We only need places where people that haven't yet bought coins can buy them, and A LOT of places where people can spend their coins without having to sell them for fiat before.
Current exchanges should have the fate of those exchanges that Europe was full of when we had 15 currencies more.

Quote from: hamza987 on March 15, 2018, 08:06:52 PM

Cryptocurrency needs proper identity verification
It's the most common thing needed it's the main reason that is stopping CRYPTO to enter real world.

Define "proper". Some might find your definition of proper identity verification a breach of privacy.

I fully support your opinion but I really understand that it is impossible now. The bitcoin community has become dependent on miners ' corporations. The basic principle of cryptocurrency has been violated is complete decentralization. Transaction confirmation rate is very low. The price of the transaction makes it impossible to use bitcoin for small purchases. How can bitcoin be used directly in such conditions?

I don't understand what you refer by confirmation rate but I assume you mean time,so just as an example, recently I've sent a transaction with 3.~something satoshi per byte and it was picked in the first block.

https://coinb.in/#fees (forget about bitcoinfees, that site is always wrong) says you only need 1 Sat/Byte right now.
That's 1,7 us cents.

Of course even if 10% of people lining up at McDonalds are going to pay with BTC we're going to see again a huge mempool, but till then we're going to have a fix, at that is LN.

Also when speaking of transactions, a lot of them are made to and from exchanges or are just exchanges moving coins from and to cold storage.
Hitbtc was doing that a few weeks ago and I counted about 40tx with 100 outputs.