Post
Topic
Board Marketplace (Altcoins)
Re: Problems with DEXs are being solved by Bancor
by
slaman29
on 13/10/2018, 07:43:21 UTC
So they just learned from these incidents?
The crypto world's latest hack sees Bancor lose $23.5M
Decentralized Crypto Exchange Bancor Hacked, $12M in Ether Stolen
More limited customer service (in most cases). - Bancor's TG channel is extremely active as well as /Bancor
Its a telegram channel and they are just using a 3rd party not integrated to their system.
Well, Bancor seems to become one of the next popular DEX despite of those events.

Haha, good points. Bancor doesn't solve all the problems, it does address some but you have to understand that all DEXs have their points of failure. Bancor, in fact, isn't completely centralized, but of course it is impossible to say that any DEX can truly be decentralized. You have to take the good points, accept some flaws, and go with it.

But for me, centralization that means that decisions can be made without the agreement of users, that is unacceptable.