Blocknet is Purely Decentralized. Gone are the days when centralized systems are widely used because they're efficient. Blocknet is technically about 10x easier compared to other DEX's. In addition to being a lot easier to monetize as well.
And here's how the Blocknet Protocol works:
Decentralized applications should be censorship-resistant, trustless, and without a central point of failure – principles that the Blocknet Protocol was founded on. The Blocknet Protocol consists of 2 components:
1.XRouter is an inter-blockchain SPV client backend, enabling the verification of blockchain records without requiring users to download the full blockchain. XRouter functions on the TCP/IP level and is compatible with any and all blockchains and networks.
2.XBridge provides the ability to perform true trustless and decentralized exchanges between any digital asset that is supported by the Blocknet Protocol via APIs. The entire process is done in a trustless manner.
Together XBridge and XRouter provide decentralized, total blockchain interoperability across ALL blockchains, creating an Infura-like, but completely decentralized API ecosystem for hundreds of blockchains.