The co-founder of Ethereum, Vitalik Buterin, has stated that he would like to see the core exchanges of cryptocurrencies “burn in hell as much as possible”, although he admits that maybe they still have a moment of rest.
He made these statements at the TC Session Blockchain 2018 event that was held in Zug, Switzerland.
Responding to a question about the fact that decentralized exchanges will one day gain a larger share of the market than centralized exchanges, Vitalik responded:
I definitely hope that centralized exchanges burn in hell as much as possible. In the practice, especially on the cryptographic side, it is very difficult to decentralize because ultimately it is interconnecting with the fiduciary world, and the fiat world only has basically centralized access routes. I know that valuable services are very difficult to decentralize.”
He will continue to predict that in the terms of trade between customers, the solutions of decentralized exchanges will one day become the most desirable, offering a simple and direct user experience without registration. Web interfaces and account openings in your opinion, the world of cryptography is increasingly seeing exchanges of this kind.
Buterin continued to predict that in terms of crypto trade, the solutions of decentralized exchanges will one day become the most desirable because they offer a simple and direct user experience without registration, web interfaces and account openings. In his opinion, the world of cryptography will see more and more exchanges of this kind.