Crypto exchanges: Bridging the gap between sovereignty and performance
The crypto dream is to make the exchange of value global and frictionless, but security and scalability concerns are driving constant trade-offs. Back in 2019, an estimated 99% of crypto-asset transfers took place on centralized exchanges (CEXs), according to the number that was used by main crypto critic Nouriel Roubini. CEXs are likely to remain a central fixture of the crypto trading landscape for the foreseeable future. CEXs are fast and convenient, but typically require traders to deposit funds in an account controlled by the exchange. Unfortunately, history illustrates that this loss....
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