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RE: One of oldest Bitcoin Exchanges Down for half a day. Reminder - Do not Keep Coins on Exchanges
Each news that comes like this takes us one step closer to the mainstream adoption of decentralized exchanges,this could be the solution.
Defnitley
It might be tougher to implement, considering the monopoly of a coin like BTC
Possibly but we don't know the long term stability, BTC can either be the Berhshire Hathaway stock or a fad at this point.
My sentiment too :)
You can say that again buddy
True!
@datageek I think everything to do with cryto eventually will be decentralized like the darknet markets that are now being taken down i think will come back up as a anonymous community decentralized market like a darknet craigslist or ebay but based around crypto. also Steemit and steem is proof of how effective decentralization is.
Alphabay got outed by a newcomer because the new one offered multi signature transactions. Therefore the owner cannot run off with your cryptocurrency
Atomic swaps in the Lightning network (LN) will eventually make exchanges redundant. Segwit will start the development process of implementing the lightning network. It's already being developed for Litecoin, but ignore the hype. LN won't be ready for August 1st, that MIT hype was a hoax by an MIT student.