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RE: Why Ethfinex Trustless Launch Is Amazing and Disappointing
I don't understand why there are so many decentralized exchanges starting up, wouldn't it be better to only have one? If it's decentralized and can't be closed down, there's no need to have multiple ones. We could end up with lots of tiny decentralized exchanges with no liquidity. The other option is for them all to be linked together but I don't think that will work.
Sure it would be better to just have one. But you can't stop people from starting new exchanges, neither do I think we should limit the freedom to do that. It's a free market.
True, I'm always forgetting that other people don't think the same way I do :) There will probably only be a few decentralized exchanges that are functional, because I'm sure people wont want to use the ones that have low liquidity. The problem will probably sort itself out.