Brian Deery, Chief Scientist at Factom, returns to the podcast to offer his insight on a variety of topics, including atomic swaps and centralized versus decentralized exchanges. “Decentralized exchanges are badly needed…lower fees… higher liquidity…the absence of surveillance…political neutrality…and greater security,” says Deery. So, why haven’t decentralized exchanges already been widely adopted? What’s stopping them from taking hold in the crypto world? Should people be putting their trust in centralized exchanges? Deery pulls from a wealth of knowledge to provide in-depth answers to all of these questions and more.
Tune in to hear Deery discuss more on the following:
- Exchange issues: including Mt. Gox, BTC-e, Bittrex, and ShapeShift
- How exactly atomic swaps work, and why they are necessary in order for decentralized exchanges to work
- The New York Agreement and political neutrality