now decentralized exchanges are at the experimental stage and they constantly transform their code and become better, so that in the future they could not be hacked
If they are in the experimental stage, should we wait until everything is tried and tested or we should completely jump into these DEXs as they seems to be more promising than CEX?
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BoardAltcoin Discussion
Re: why there is so much fuss about decentralized exchanges
I really like decentralized exchanges because they are not controlled even you can access the decentralized exchange without even transferring the tokens to exchange wallet you can access directly from your wallet also the importance of dex can be understood by studying the top exchange projects and we will come to know that almost all of them are working to develop their dex prime example is Binance which is very close to launch of their own decentralized exchange.
I have the experienced of using Stellar X ( which is DEX) and I am looking forward to seeing the DEX of Binance, Vite and Resistance. It is great to know that exchange projects are shifting towards DEX.
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BoardAltcoin Discussion
Re: why there is so much fuss about decentralized exchanges
I dont think that most of the people around the world would thinking if decentralized exchange is the future, since there are so many lacks about it.
That's my point as well. Ethereum's Vitalik, Binance CZ and many other influencers are embracing the decentralized exchanges but we are also hearing the news of security breaches.
Not all of those DEX become the true decentralized exchange site. They are seeing the potential of DEX but this will need a lot of time. Remember there was no perfect exchange site and they are all having the same chance to get a problem in the security.
That makes sense. Let's see how it all goes.
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BoardAltcoin Discussion
Re: why there is so much fuss about decentralized exchanges
I dont think that most of the people around the world would thinking if decentralized exchange is the future, since there are so many lacks about it.
That's my point as well. Ethereum's Vitalik, Binance CZ and many other influencers are embracing the decentralized exchanges but we are also hearing the news of security breaches.
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BoardAltcoin Discussion
Topic OP
why there is so much fuss about decentralized exchanges
by
omi121
on 09/04/2019, 06:35:44 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
I have been in crypto for the past few years. Got the chance to participate in some ICOs but every one disappointed me to some extent. As far as Vite's team is concerned, they are simply awesome. I mean they are an year ahead of their roadmap. This is something you can't expect or heard before. But Vite seems to set some new standards in crypto domain. #Letscreatesomethingcool
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BoardProject Development
Re: How do you earn money in the blockchain economy?
by
omi121
on 16/08/2018, 19:55:26 UTC
By trading, investing in ICOs and making explainer videos for ICOs
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BoardServices
Re: Video review of your project/ICO/Coin
by
omi121
on 14/08/2018, 21:42:36 UTC
are you willing to accept native tokens as well?
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BoardServices
Re: Searching designer
by
omi121
on 14/08/2018, 21:06:35 UTC
Hi, Can you please specify more details about your work? I have a team of illustrators and animators. Have a look at our work
Re: Most ICO Telegram channels are stuffed with fake subscribers
by
omi121
on 14/08/2018, 20:08:49 UTC
Is there any way of finding out if the subscribers of telegram group are real or not?
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BoardProject Development
Re: What methods to use to promote the project?
by
omi121
on 14/08/2018, 20:06:54 UTC
You have already got some great pieces of advice to promote your project on different forums. However, one thing seems missing. What you gonna promote? A website link of your project? A long content explaining about your project? or a real engaging stuff like explainer video of your project which can attract more people.
Definitely, I would recommend to use explainer video. Recently, we created a video for gratz ico and it added a great value in promoting their project. Have a look at the video we created for Gratz. https://vimeo.com/283325680
On which blockchain are you building your dapp? Ethereum network is not the best solution as it is slow, glitchy and pricy. EOS suits this purpose much better. Here's the map of dapps that are currently developed on EOS. However, most of them are still in beta/idea stage. https://i.redd.it/w1535cvwqz911.png
Thanks for sharing EOS dapps
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BoardProject Development
Re: Looking for people with connections in the industry
by
omi121
on 14/08/2018, 19:47:42 UTC
As mentioned by ojuuuuu, start spending time on Linkedin and you will find all the related connections there. Join groups related to Blockchain/ico, share useful content and soon people will send you invitation requests.
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BoardProject Development
Re: Graphic designer looking to join good projects/teams
by
omi121
on 14/08/2018, 19:26:09 UTC
Do you provide graphics for animation video as well?
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BoardProject Development
Re: Looking for legit Bounties
by
omi121
on 14/08/2018, 17:57:25 UTC
For legit bounties, find the legit ICOs first and then find out whether they are offering some bounties or not.
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BoardMarketplace (Altcoins)
Re: ALT coin Stores and Services List
by
omi121
on 07/08/2018, 11:59:43 UTC
Hi Guys,
Showanimations, an explainer video production company is accepting BTC and some other ALT coins like NEO, ETH, XLM, ADA, EOS, LTC and many others. Have a look at our complete portfolio https://vimeo.com/showanimations