Why does Decred have its own exchange? - DCRDEX Series
Why does a cryptocurrency need its own exchange? In Decred’s case peer to peer cash was just the starting point, this idea must evolve, to be better than what came before. Custodial / rent seeking services must be removed from every part of the system. A cryptocurrency must be able to seamlessly integrate and operate throughout the full ecosystem. The result should be a fluent experience for the user, to the point that transacting with peer to peer cash will be a better, more versatile experience for all participants.
Decred is Money Evolved. By combining battle tested Proof-of-Work with an innovative take on Proof-of-Stake that places coin holders in charge of shaping the future, Decred is able to adapt to challenges and innovate at a rapid pace. You acquire influence in Decred by putting “skin in the game”. Decred’s security, privacy, scalability, and decentralized treasury empower stakeholders and provides them with the tools needed to enhance their financial sovereignty.
Find out more about Decred: https://decred.org
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https://decred.org/community