Post
Topic
Board Exchanges
Re: many CEXs faces strongest regulatory pressure, will you use CEXs/CEXs/TEXs?
by
examplens
on 07/04/2023, 18:45:40 UTC
What do you think users will choose TEXs/CEXs/DEXs, what's the reason?
Frankly, I don't know what TEXs are or how they work?

no one knows what that means, because it was invented by the OP and the team behind his tsp.exchange

Not add any friends to recover your private key, similar to current decentralized wallets. You must securely store your private key, as no one can help you recover it if lost.
Use account recovery (ERC-4337) by selecting trusted contacts during account creation, who participate in the recovery process when needed. This enhances asset security while avoiding risks associated with centralized storage of private keys in traditional centralized exchanges.
Both options provide transparent and secure asset management.

This confuses me a little, whether we include a third person/friends/contact whatever in the entire process of private key protection or not? how bad is this solution, now I should worry about the health of a chosen "trusted contact" because my access to my money may depend on him.
it is still not clear to me why you called this method transparent and what exactly is transparent compared to other centralized or decentralized.

in the articles you shared, I still don't see the revolutionary way of working explained. "Simplified login and registration" and? How trading is done, and where the funds are stored?
can you simply explain what exactly the difference and advantage of your TEX compared to existing solutions?

you are promising no KYC. how you will comply with EU regulations (for example) where KYC is required?


note: OP, when you reply to someone, you don't need to open a separate post for each reply, put everything in one post.