Post
Topic
Board Altcoin Discussion
Merits 1 from 1 user
Re: Will UNISWAP become a centralized exchange?
by
SirLancelot
on 20/10/2020, 18:20:21 UTC
⭐ Merited by justdimin (1)
Given the latest hype news from Uniswap, is it possible that in the new management scheme there will be risks of centralization and possible absorption by big people?
For example, the Dharma Corporation may well exert pressure and control over Uniswap.
Anything can be possible, it’s just with time and things will be changing. But even if some of them decides that they are going to become centralized, there will still be others that will remain decentralized. And if any chooses to become centralized, then they are no longer a DeFi, because only that name signifies that a project is decentralized.

this is not possible because uniswap is already created to be a decentralized type of exchange  and i havent seen an decentralized exchange that turned into a centralized or a centralized exchange that turned into a decentralized but its possible that it can be bought and controlled by more influencial and powerful people because i have seen that on the past
Yes, I have not seen any that is centralized and turned out to be decentralized later. But an exchange that is centralized can decide to create another platform of theirs that’s going to be decentralized; it’s just like what Binance did by creating a platform that is DEX apart from their other main exchange that they are popularly known by.