Wave for it ! Decentralized Exchange long over due

in #cryptocurrency7 years ago

Cypherpunks wanted to find a way to have a working economy without reliance on a 3rd party.
Bitcoin came to be as a result, a fully decentralized network that does not require 3rd party trust for its operation.
Unfortunately the cryptocurrency exchanges that we use to trade our beloved cryptocurrencies are centralized.
They seem to fail us when we need them most, people are missing opportunities as well as loosing money by not being able to buy and sell or not being able to cancel their orders, and thats a huge problem for margin traders and some have had their assets liquidated. The exchanges usually blame abnormally high volume and DDoS attacks.
This issue is so prevalent that traders started coming together to try and from a class action law suite , the class action website now redirects to Poloniex (the exchange that is being accused of insider trading).

But perhaps a solution is on the horizon
Waves is a blockchain company that is developing a DAX (decentralized exchange) while other DAX's are available they do not have much volume but many crypto trades are thinking that waves is going to change all of that.

1-wl3WZFal6Vu3FuAicA41PQ.jpeg

https://bitcointalk.org/index.php?topic=1855937.new
http://www.altcointoday.com/poloniex-lawsuit-website-redirects-to-poloniex/
https://wavesplatform.com/
Industry growth and its effect on Poloniex: https://poloniex.com/press-releases/2017.05.16-Industry-growth-and-its-effect-on-Poloniex/

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Openledger is exchange. Have you Openledger'd?

no going to look into it how is the volume tho

Its more for investing at this point. Not much volume.

with time they still not finished, a lot of features are yet to be integrated

WAves is looking really good. I like their LPOS system. Greetings from Andrew (CCC)

Following you

nice to meet you friend :)

you got a new follower nvm already following lol

Time to go fully decentral!

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