Decentralized exchanges

in #crypto7 years ago

These days we are constantly bombarded by fud and news about 'the end of crypto' or 'government bans' and such. Some people actually believe an archaic system like that can challenge crypto! There are a number of reasons why they are wrong, and one of these is the emergence of decentralized exchanges. Decentralized exchanges give you total control of your private keys and are not something that can be shut down by a rouge government. Bitshares and waves are two such platforms that come to mind. There is an ICO for DEEX going on right now. deex will be a decentralized exchange ecosystem running on graphene(bitshares protocol) which has never been 'hacked'. more good news in this area is decentralized VPNs. There is the much anticipated and talked about 'mystereum' which has yet to deliver anything and there are others who have. Intense coin(itns) is such a system which allows you to mine coin and/or provide VPN service in exchange for itns coins. Intense coin is based off monero and has the same security. When hardware wallets become available for monero, itns will also have such features. Currently itns trades for less than 4 cents with a total of 1 billion units. The network is profitable to mine with cpu power and already usable as a vpn. might want to pick up some of these new ideas before they get up to terminal velocity! With atomic swaps coming for many of the biggest crypto coins and decentralized exchanges and VPN services becoming more common, its only a matter of time till we can oust the middle man completely and be free range cryptographers!

Sort:  

Congratulations @drgood! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard!


Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes


Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @drgood! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.032
BTC 60954.32
ETH 2647.25
USDT 1.00
SBD 2.48