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RE: OMG! XYZ Exchange Made Money During The Bear Market!!!

in #bear6 years ago

Really nice post! Games on chain are gonna be really cool, I've seen a few already and it's really interesting how it works and as the tech continues to grow and get faster and better, things will just be indistinguishable from centralized servers and stuff going forward. As far as DEXs go, I've used a few, and they are definitely more annoying to use than centralized exchanges, which is a bit of a learning curve that lots of people won't wanna deal with (even tho crypto is already pretty learning curve heavy as it is), but I do think as tech gets better, it's just inevitable that they will take over. STEEM DEX sounds awesome, too. I like how the internal market works, hopefully when SMTs are around it'll be just as simple and easy as it is with just SBD/STEEM.

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DEXes are befuddled by gas fees and smart contracts and the like. You're right, there's a lot of room for improvement. I think that Steem can sidestep all that nonsense.

Yeah, STEEM is absolutely PERFECT for a DEX-style system.