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RE: What is a Decentralized Exchange?

in #bitshares5 years ago

I'd add two important aspects to your arguments:

  • A decentralized exchange renders front running inefficient. Imagine the advantage Poloniex owners have over other market participants: only they can see every move of every whale and every big deposit made by them.

  • A decentralized exchange allows several smaller exchanges to combine their order books and help each other with liquidity.

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Excellent points!

ohh, if only I could vote more than once to this comment lol