Binance .... 'DEX' ?

First things first, what do we mean by 'DEX'?

DECENTRALIZED by definition draws doubts around a centralized, Chinese owned, global cryptocurrency exchange announcing a 'DEX' ... with closed source blockchain code built around the Tendermint platform. At first glance, similarities to BitShares DEX are obvious, however alleged it is not using technology from the world's only truly decentralized asset exchange.

Binance-DEX-2.png

So, with an initial 11 validator nodes all owned by Binance, one central entity, apparently to be relinquished somewhat as part of the decentralization process. Wouldn't you imagine a genuine effort to do so from the outset?

Or is it indeed, a push for a second wave of ICO booms, as this article seems to imply?


https://bitcoinexchangeguide.com/binance-dex-ready-to-hit-the-testing-phase-while-betting-on-the-2nd-round-of-icos/


tweet.png

If you are a BINANCE user and have at least 1BNB in your balance, you'll easily be able to try it out from the below links. Otherwise, here's a couple of screens to give you an idea.


binance-dex.png


Meanwhile, BTS is still looking strong today ...

bts-19-feb-2019.png


See https://testnet.binance.org for more, ~OR~, stick to the REAL BitShares DEX, at https://wallet.bitshares.org

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