Is Total Decentralization A Step Towards The Right Direction?

January 14, 2023 | BY OSMAN BAH (The Advisor)

Cryptocurrency brought about the age of anonymous transactions. People can make exchanges freely through the blockchain. This ease of buying cryptocurrency through direct, peer-to-peer transactions on an online platform without a middleman was possible with a decentralized exchange (DEX). DEXs are trustless, which means that users' funds and personal data are properly protected. Users of decentralized exchanges can access a DEX quickly and securely without having to register for an account on the exchange, go through identity verification, or divulge any personal information....