On today’s episode of The Cryptoverse…
If you think the word Ethfinex sounds like the love child of Bitfinex and Ethereum you’d be right. That’s exactly what it is.
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So this is kinda like BISQ for eth coins?
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Yeah that's not a bad comparison.
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I think this is a good try conceptually to start building a reliable and liquid decentralized exchanges over time. Like many projects, they probably need to have centralized aspects in order to have a grip on the changes needed to continue to develop. They also probably need some incentive which is which they are requiring a token as a gateway to access it. I hope they can continue building it with the improvements to make it fully decentralized over time and they adjust the aspects you mention that are not allowing it to live uo to expectations. We truly need the liquidity of a great decentralized exchange in the future and this may be the best infrastructure for one so far.
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Nice review mate. I'll wait until it's more useful after they add more. Thanks for the info! 😁 Happy Days!!!
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I don't understand why there are so many decentralized exchanges starting up, wouldn't it be better to only have one? If it's decentralized and can't be closed down, there's no need to have multiple ones. We could end up with lots of tiny decentralized exchanges with no liquidity. The other option is for them all to be linked together but I don't think that will work.
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Sure it would be better to just have one. But you can't stop people from starting new exchanges, neither do I think we should limit the freedom to do that. It's a free market.
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True, I'm always forgetting that other people don't think the same way I do :) There will probably only be a few decentralized exchanges that are functional, because I'm sure people wont want to use the ones that have low liquidity. The problem will probably sort itself out.
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everything has some good things and bad things as well so i hope you will end disaapointments
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