Decentralized Exchanges Explained
Decentralized exchanges aim to eliminate custodial risk, allowing users to trade without the fear of hacks or regulatory shutdowns. Charles highlights the importance of creating a marketplace that facilitates liquidity while acknowledging the unique challenges posed by decentralized systems compared to traditional centralized exchanges. He emphasizes the need for different operational rules to accommodate global latency and varying behaviors in the trading environment.In this clip
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Lex Fridman Podcast
Charles Hoskinson: Cardano | Lex Fridman Podcast #192
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