Engaging article, buddy. You took important points into consideration. However I do not agree that centralized exchanges are complex. In fact, it is the opposite. Decentralized exchanges are complex because order books are decentralized, without market makers and takers This takes the liquidity off of the trade pairs since it's completely peer to peer. Take bitshares for example.
Apart from this problem, decentralized exchanges does offer some really strong use case: It's safer.
I'll check out Resistance. Thank you, bro
Nice points here @pangoli
You are actually correct about the existing decentralised exchanges not having enough liquidity to maintain a good volume but wrong about resdex, here is the reason why
Resdex has initiated a partnership with Huobi to solve this issue as well as intend to add other centralised exchanges to the list as time goes on. The order books on Huobi are going to be connected to that of resdex to always create liquidity that drives a healthy volume
That's a pretty cool feature to have. If they can succeed in adding more orderbooks from some of the top 20 exchanges, Resistance will be a preferred choice, especially since it doesn't bug one with registration.
I haven't given this serious thought though, but what happens when a user fills in the wrong transaction memo or wallet address somewhere? Without being an account holder (and using TOR), How might Resistance help such a user recover his funds?Struck through, I think it wasn't an appropriate question. There will be no memos because there are no centralized hot wallets. Cleared.
You got it.....a dex is a dex