Quote from: aprilnot on April 18, 2022, 08:15:00 AM

one that I know is going to be very expensive. transaction fees will increase many times. without a centralized exchange, crypto will suffer a setback. and that will make the trust in crypto decrease. some might think DEX can solve that problem, but be aware that it takes a lot of processing to trade from different blockchains. and it will require a fee, different if we use CEX. and when all CEX is suspended, and crypto becomes illegal this will probably be the worst thing for crypto development.

Of course. There will always be performance bottlenecks in decentralized exchanges due to the way they're designed. But with the introduction of cross-chain interoperability, this no longer becomes an issue. As far as I know, atomic swaps make use of different blockchain networks in order to perform the desired exchange (interoperability). Scalability is the least reason to worry about as long as decentralization prevails in the long run. My guess is that developers will start working hard in order to make DEXs better than ever.

I'm pretty sure people will get used to DEXs once centralized exchanges are banned for good. Adoption for crypto won't be the same, but at least it's better something than nothing. Who knows how the future of crypto/Blockchain tech will look like with ever-increasing regulatory pressure from mainstream governments? Just my thoughts Grin