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RE: The Bigger They Are The Harder They Fall; Biggest Crypto Currencies Exchange Failures
I do hope things are different on the 'decentralized' exchanges in the future. However, this is very sobering news and I will definately take a more pragmatic approach to all cryptocurrency investments going forward.
Things are already different on the decentralized exchanges and are available now. Check out Bitshares for trading at full speed (pretty much real time.. faster thanpolo ;) ) with no trust required and no counterparty risk on smartcoins USD,BTC,GOLD.. based on a Graphene blockchain (same as Steem, developed by one of the co-founders of Steem too; Dan)
It is cool, but somewhat unwieldy. Yesterday I opened a wallet at OpenLedger, and tried to get some BitShares for SBD (it is an exchange, right?) any how, it was quite an adventure and I am still stuck. The whole thing is in my latest blog post, if you want you can go and check it out.
Thing is, nope, not very friendly. Especially if you are an edge case like me. (Ipad, SBD, etc).