Decentralized vs. Centralized Exchanges: a Comparative Analysisby@viktor-kochetov

Decentralized vs. Centralized Exchanges: a Comparative Analysis

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Viktor Kochetov, CEO at Kyrrex, a digital wallet and professional cryptocurrency trading platform, weighs the pros and cons. Decentralized exchanges do not have access to customer’s assets, information; they serve as the layer for trade orders that executes matching and routing functions. The usage of smart contracts brings autonomy and anonymity, P2P transactions, but a different approach to architecture bears a lot of constraints and limitations. The user experience of decentralized exchanges can be described as horrible, without any exaggeration.

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@viktor-kochetov

Viktor Kochetov

CEO at Kyrrex.com


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