Recently I came across an article about the future of decentralized exchanges and how they are going to transform the centralized exchanges. One thing that clearly mentioned is that decentralized exchanges are secure and impossible (kind of) to hack as no central entity is running/controlling them. However, I heard about the security breach of Bancor and waves DEX. So what's the point of decentralized exchanges if they are still being hacked
The perpetual hacks In centralized exchanges make decentralized exchange look so good. I am not a fan of Dex because of its poor user interface and operability but then, security is more important than UI but I hope Dex can be remodelled to phase out the insecure CEX exchanges