RE: Centralized Exchanges Have Been Very Harmful ... OpenLedger to the Rescue!

[zer0sum]

Yes, look at the volume. Every time I look Openledger has < 1% of STEEM volume. After months of promotion via STEEM. It's clear that there is a fundamental liquidity problem with decentralized exchanges. But no one wants to talk about it... and pretend it doesn't exist.

Comments

[anonymint]

@smooth has pointed out that OpenLedger may not even provide complete risk avoidance:

Not only what you said but to trade on open ledger you have to deposit your assets with a custodian. So you have essentially all the same risks as trading at Bitstamp, except with a less efficient trading engine.