RE: Decentralized exchanges are leaving the U.S. 😔

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Decentralized exchanges are leaving the U.S. 😔

in coingecko •  6 years ago 

Are they truly decentralized then?!
Blockchain DNS(.eth & .zil) and global server load balancing (GSLB) will be an answer to this.

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They can geo-block the website. But they cant block access to the blockchain.

Are you adding to my statement or attempting to refute it?

Just commenting the state of DEXs.

I don't know if a blockchain based DNS system would work since it's not yet fully implemented. I would say IFPS is quite robust against blocks though, so there might be some truth to your opinion.

Posted using Partiko Android

No. Is that answer lol

Posted using Partiko iOS

Yes, Just like with Bitcoin the only way to stop it is to shut off the internet and that shuts off everything. You can block access to these sites but certainly can't shut down the dex. What happen to crypto bridge recently is a case where EU regulators stepped in and said they had to require KYC and user verification. Sparkdex still runs with no KYC based on the jurisdiction where they are based.