In most modern DEX, crypto-assets can only be exchanged within a single blockchain. Sometimes cryptoassets from different networks are added to DEX via crosschain bridges, but this complicates the trading process.
How to evaluate an ico?
Token viability. Read the white paper, look at the source code, study the project website. You should clearly understand the task/idea that the developers want to convey.
Good intentions of ICOs and smart contracts
The concept of the “smart contract” emerged several years ago. The idea is that a computer algorithm completely eliminates the human factor in business transactions.
When did decentralized exchanges appear?
Initially, all cryptocurrency trading was centralized. The first decentralized exchange appeared in 2014 and was called NXT Asset Exchange.
Blockchain vs. SWIFT
SWIFT is a system of worldwide interbank financial communication channels that has been operating since 1973 and works with 11,000 banks and other financial institutions.
What’s the difference between CEX and DEX
Binance, Coinbase, Huobi, Bitfinex, KuCoin operate similar to traditional stock exchanges. They have taken a ready-made algorithm that worked many years before crypto and transferred it to digital assets.
What is a blockchain ICO?
Blockchain is a kind of registry for storing data, but it is not located in one place but is distributed among hundreds of computers participating in the blockchain system.