Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Once Popular Coins (Graveyard) => Other Popular Cryptos / Coins => Waves Forum => Topic started by: Bobcrypto on June 29, 2018, 10:26:10 PM
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I have very little knowledge about wavedex, how it works, but i need your thoughts for better understanding.
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It’s a decentralised exchange, built into the Waves blockchain. The DEX allows users to trade their tokens — including WAVES, BTC and any other assets issued on the Waves platform — completely trustlessly and without having to move their funds to a centralised exchange.
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Waves team has released an updated DEX interface a couple days ago, it is worth checking out, since it is the most advanced DEX currently, both from back-end and interface perspectives. Trading at Waves DEX is not much different from trading at a centralized exchange in terms of speed or user experience. Where do we go from here? Next step is the new version of Waves Wallet, which will be the production version of Waves wallet. After that the development is going to branch out into several directions - there will be custom wallets for traders, casual users, versions meant to imitate multi-currency wallets and so on. The next features implemented will be Ledger/Trezor support, blockchain voting protocol, and 2FA.
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‘CryptoCompare lists Waves in the top 5 exchanges overall and the number 1 DEX, based on user ratings. This means that the Waves DEX is competing toe-to-toe with the best CEXes in terms of user experience. Quite a feat.’
Check out the full review: https://steemit.com/blockchain/@rynergy/the-rise-of-the-decentralized-exchange-why-they-re-important-and-who-is-leading-the-way