Decentralized exchanges (DEXs) serve as peer-to-peer marketplaces where users can trade cryptocurrencies without middlemen. These platforms have an influence on blockchain solutions technology and smart contracts to handle transactions, which boosts security and openness. DEXs let users keep full control of their funds through self-hosted wallets, which cuts down on counterparty risk. These systems work on ideas of open access and shared ownership, aiming to create tough and uncensorable trading spaces.
Read more: https://www.mooglelabs.com/blo....g/decentralization-i
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