Post
Topic
Board Altcoin Discussion
Re: why there is so much fuss about decentralized exchanges
by
darkangel
on 12/04/2019, 23:31:36 UTC
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 Huh   

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