https://twitter.com/dydxprotocol/status/1468293558360805381
Here is a "decentralised" exchange going down with aws
https://twitter.com/dydxprotocol/status/1468293558360805381
Here is a "decentralised" exchange going down with aws
The nice thing about the decentralised exchanges such as Uniswap or -dydx- is that you do not need their websites/ frontends because their smart contracts/ backend is available on the blockchain. Anybody can make a website that interacts with any smart contracts on the blockchain. There are even aggregator websites (e.g. https://app.defisaver.com/).
Do you know any website that aggregates the services of any TradFi banks and brokers?
Edit: Actually dydx is layer 2 now: https://dydx.exchange/blog/layer-1-wind-down
Backend/frontend? I thought this was a decentralized network. There should just be users with nodes. Backends point to clear points of failure from a disingenuous misleading project
Anyone can interact with a contract directly, you don't need any FE or BE at all.
I can't speak to the specifics of dydx since I am not a user and haven't done my due diligence on them, but with every other dex I have ever interacted with it is entirely possible to use their service entirely from the contract interface.
Its usually the first thing I do to ensure that I can access my funds without any external dependencies.
And yet they claim right on the front page "Decentralized"
Also L1 exchanges on Ethereum are arguably not decentralised. They delegate power to miners as a shortcut
you guys are up for rude awakening when this rube goldberg machine bricks
would like to point out that HN was also saying BTC was over valued at $1k.
Didn't listen to you guys then, not going to now either.
You're assuming too much.