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RE: Cryptocurrency Exchanges: A Brief Look at Centralized and Decentralized exchanges

in Project HOPE5 years ago

Both Cantralized and Decentralized Exchanges are very good. For cases of access to several altcoins, centralized exchange are doing well although they are prone to hacking compared to Decentralized exchanges whose nodes are ran by several computers in different places. Decentralized exchange gives security and keeps users identity but its liquidity and access to other exchange features is low and limited.

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Exactly!
The challenge going forward is to fix those problems, so we can all enjoy the benefits of decentralized exchanges.