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RE: Steemit Inc Must Build an Exchange

in #steemit6 years ago (edited)

We really need a centralized exchange. Decentralized exchanges can't handle the volume. We all want decentralized exchanges, but it really is impossible to handle thousands of transactions per second with a decentralized exchange.

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That's true in terms of transaction volume, because of the required interaction with the blockchain... but you don't think this might change as we wrangle with different types of scalability solutions? State Channels in ETH for example? Not a short term solution by any means of course, so maybe a centralized exchange to start is the best option, at least for now. I just dislike centralization in general, but for some uses it is currently a necessary evil for functionality ;)