Re: Decentralized exchanges the future of 2019?

Quote from: Geenstijl on January 18, 2019, 03:54:12 PM

Quote from: saturn.network on January 17, 2019, 05:21:06 PM

Adoption of decentralized exchanges will see an all time high in 2019, cross chain decentralized trading and atomic swaps will start to become the norm Wink

a true decentralized exchange provides many benefits:

No need to give up control of your funds
Censorship resistant orderbook
Impossible to hack
No concerns of fake volume and manipulation

This week Binance CEO CZ recommended people store their crypto on reputable exchanges... but what is reputable? If you do not have your private key, well then can you really call it crypto?

What are your thoughts? Will 2019 be the year of DEX?

I hope so. There are a lot of dexes based on bitshares (+ waves dex + forkdelta + others) but the convenience and performance of such solutions is very questionable. Plus all of them are full of shitcoins and there are no really legit and reliable DEX yet.

The performance in decentralized exchange is really what make people avoid it, too many flaw and error however if they could eventually develop it to the point where it is nearly flawless and fast enough to compete with centralized exchange, I'm pretty sure people will be switching over.