Crypto-Bridge DEX (Decentralized Exchange) Information
Crypto-Bridge
DEX running on top of BitShares and OpenLedger.
From their website: "CryptoBridge is a decentralized exchange running on top of the BitShares Network. It supports decentralized trading on all popular altcoin pairs without a single point of failure. You always hold the private keys to your funds, only you have access to them."
CryptoBridge is not a fork of BitShares/Graphene, it runs on top of the BitShares blockchain, much like other BTS Exchanges do. However, there are two main differences to any other BitShares Exchange:
CryptoBridge provides more decentralisation when it comes to the gateways, normally a BTS Gateway is a central point of failure because the Gateway is just operated by the company owning the exchange. The user is dependant on the gateway to deposit/withdraw his funds. In CryptoBridge, a federated distributed network of gateways, operating world-wide, makes sure that there is no single point of failure whatsoever. In fact, this network will continue to operate if CryptoBridge (the development company) goes out of business.
The second USP is the introduction of the BridgeCoin Profit Staking coin which shares 50% of the DEX with holders. No other BitShares exchange offers a mineable token.
PROS: Decentralized, Anonymous, No Single Point of Failure, Regulation Resistant, Profit Sharing to BCO Owners, Good Support Team, Surprisingly Fast Addition of New Coins
CONS: Low Liquidity(getting better), Slow, Still in BETA
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