How to avoid front runners on decentralized crypto exchanges
Splitting the transaction into multiple smaller transactions, periodic auction matching, and adjusting the low slippage are various ways to avoid front-running. Decentralized exchanges (DEXs) nip in the bud several issues concerning their centralized counterparts such as concentration of liquidity in the hands of a few players, compromise of funds in case of a security breach, closed control structure and more. One issue, however, that has refused to subside is front-running. Unscrupulous players are still finding ways to defraud unsuspecting traders.If you have received less than expected....
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Manta Network may be the first DEX to fully shield its activity from prying eyes. Manta Network has closed a $1.1 million funding round to create a fully private decentralized exchange on Polkadot.Announced on Tuesday, the round was led by Polychain Capital and joined by Hypersphere Ventures, Three Arrows Capital, Defiance Capital, Multicoin Capital, Alameda Research, BTC12 Capital, Genblock Capital, Rarestone Capital and AU21 Capital.Manta wants to create an automated market maker exchange on Polkadot that would feature fully private swaps. It uses zk-SNARKs with Groth16 proofs, which is....
A government agency in Uzbekistan has published a list of unauthorized crypto exchanges that residents of the country have been advised to avoid. The trading platforms collect personal data and bear no responsibility for the cryptocurrency transactions, officials have warned.
Authorities in Uzbekistan Blacklist ‘Unofficial’ Crypto Exchanges
The National Agency of Project Management under the President of Uzbekistan has identified a number of online platforms offering crypto trading services without authorization. During a monitoring campaign on the internet, the....
The Ethereum Blockchain has 3,000 nodes and the Bitcoin Blockchain around 12,000 nodes on a daily average. The Streamr Network, which is not a blockchain, had in total 130,000 nodes joining throughout its testnet phase that ran over the course of the past two months. At its peak, the third Testnet had 90,000 node runners simultaneously participating from 85 different countries. This made the Streamr Testnet one of the biggest P2P networks in computing history. So what is the Streamr Network? Streamr is a decentralized network for real-time data transport. Real-time data services are needed....
Changpeng Zhao, CEO of the Binance, has offered advice to the cryptocurrency community in response to the recurrent cases of cryptocurrency platforms blocking users’ accounts and preventing them from accessing their funds. CZ Says Binance Is Profitable On July 21, CEO Zhao tweeted, “Choose exchangers carefully. Avoid exchanges that require funding to operate. He made […]
Decentralized exchanges (DEX) have emerged as an alternative to centralized exchanges allowing people to swap crypto assets on a peer-to-peer basis with no third party involved. The number of new DEXs is increasing by days if not by hours. So, how to choose the most prospective and innovative decentralized exchange? Let’s lift up a curtain […]