Submission #10

Existing centralized exchanges are constant targets of regulatory, hacker and trading attacks (since launch of bitcoin mtgox, bitfinex and okex are to name a few), which lead to millions of losses of their customers and are one of major obstacles in cryptocurrency and blockchain adoption.

Meanwhile there were a lot of attempts to create a truly decentralized exchange (DEX) based on different strategies like liquidity pools (e.g. uniswap, curve and balance) and order-book based (e.g. idex and loopring), not speaking of partially centralized, partially decentralized. For more information on existing approaches have a look at:

1. https://defipulse.com/

2. https://cointelegraph.com/news/the-first-fundamental-study-of-defi-from-ideas-to-mec

hanisms-to-the-new-finance


rainblowing

0:7dd2b7e0067f4beda7505ff0b9e2ae524e64acbb886dcab68db8c02b8d6115e0

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