Decred (DCR) Opens Permissionless Decentralized Exchange

Cryptovest

Published Aug 01, 2019 01:07PM ET

Updated Aug 01, 2019 02:21PM ET

Decred (DCR) Opens Permissionless Decentralized Exchange

(DEX) but plans to offer a unique product. The Decred project will use atomic swaps - a direct connection between blockchains - to perform peer-to-peer exchanges.

https://twitter.com/decredproject/status/1156652797229748224

Decred has been testing atomic swaps for months, and while the technique has a relatively low capacity, it is one possibility to switch between assets without a centralized exchange mechanism. In this way, Decred hopes to deal with bot-based order placement and other forms of high-...