Learn How Decentralized Exchanges Work (Video)

in #blockchain7 years ago

I found this great video regarding decentralized exchanges. It will give you a basic understanding of how they work and what the current issues are with EtherDelta which is the most famous decentralized exchange at this time.

However, EtherDelta is very non user friendly, so there is a great need for a better exchange.

Here is the video:

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Bitshares and OpenLedger are two decentralized exchanges very user-friendly. They have both a basic mode very easy to use and an advanced mode with more powerful tools.

The problem is that Bitshares blockchain has much less assets than Ethereum , so most of the coins work through centralized gateways.

It is good to know, I do think this guy only covered Ethereum based cryptos in this video.

I read about this new ICO which will become another decentralized exchange:

https://medium.com/@altcoinexchnge/for-cryptocurrency-trading-to-flourish-we-need-a-truly-decentralized-exchange-6f2401e20323

Thanku so much.it clear so much issue about ether...keep it up..

you are welcome

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