Post
Topic
Board Altcoin Discussion
Re: why there is so much fuss about decentralized exchanges
by
Ifychuks
on 17/04/2019, 19:29:49 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   

I see every and each exchange in the cryptocurrency community very liable to hack. All one need do is to be careful whether using centralised or decentralised exchanges.