Amanpuri Exchange
4 min readMar 27, 2019

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Decentralized exchanges vs classics: for whom victory

With the advent of the blockchain, the word "decentralization" broke into the lives of most modern people. Over time, it has become a kind of synonym for technology. However, despite the availability of decentralized systems for working with digital assets, centralized sites still occupy leading positions. About the differences of approaches, myths and features of choice, - further in the material.

Myths about decentralized sites

Decentralization implies the one-time storage of a large amount of information in the computers of network participants. The advantage of the approach is the following: when accessing data from one computer, an attacker will not be able to damage the network, since the copies of the data are stored on the devices of other users.

The immutability of the blockchain information is guaranteed by linking the blocks to each other (up to the first block - the genesis). Accordingly, in order to replace one part, the fraudster will have to completely rewrite the chain, replacing it in the computers of all the participants of the system. At the same time the set of actions will require a huge amount of computing power, which is unlikely to be able to organize.

In fact, work on the blockchain is indeed a new approach to security organization. However, for the effective operation of the system, a mass of auxiliary tools are needed, which must interact with the technology. In addition, the organization of secure data storage is not the only need of modern users. Details of productive work are also:

- system performance;

- stability of the technical component;

- operational fixation of operations and so on.

The above details can’t be fully provided with the blockchain. However, other difficulties associated with the lack of plasticity of decentralized solutions become brighter. Accordingly, the blockchain can’t be considered as a "magic wand" that can solve all the problems of modern exchanges.

Propaganda Features

The centralized exchanges continue to use effective, time-tested technical solutions. At the same time, the level of their security remains one of the most discussed topics in the crypto community.

Representatives of the decentralized sites are extremely profitable to create propaganda of their chosen path, attracting users by staging the blockchain as the basis of security. At the same time, there are problems in the area of speed and the fact that the centralized services are more efficient in their work.

It is also important to pay attention to the safety of work at the centralized sites. The lack of implementation of distributed information storage solutions is not a problem, despite the attempts of representatives of decentralization to put this fact in the darkest colors.

In fact, the creation of conditions as close as possible to the security indicators of the decentralized exchanges is quite a real task. In the arsenal of the centralized sites there are a lot of tools through which user information can receive an adequate protection.

Solution for the modern user

The ideas underlying the decentralized sites seem to be extremely interesting, since blockchain can really bring to the world of working with the digital assets the opportunity to look at security from a different angle. However, the presence of a number of drawbacks and the low level of plasticity of such exchanges don’t allow them to be considered as the main choice for performing operations.

The centralized sites, in turn, provide the effective technical solutions for fast and safe operation. Since working with digital assets depends largely on the speed of the system, the choice in their favor remains optimal.

Probably in the distant future, when the decentralized exchanges will no longer be so clumsy, they will be able to gain real popularity. However, until the changes have occurred, working with them doesn’t allow achieving the benefits that meet the requirements of the ordinary user.

Amanpuri offer

The Amanpuri platform team offers its users the benefits of two worlds: the security of decentralized sites and the speed of their centralized counterparts. The result was achieved due to the plasticity of the technical solutions of the site: the combination of the best components of the two views allows us to solve the eternal problem of the modern user’s choosing.

Amanpuri challenges the current leaders in the digital asset exchange markets. The set of technical solutions of the site allows you to compete with the most famous representatives of the industry, offering users the best working conditions. The main feature of Amanpuri is to identify the shortcomings of the other exchanges, with their subsequent processing and transformation into their own dignity.

Summing up

It turns out that the value of the decentralized sites, in their current state, is exaggerated. The centralized exchanges, in turn, are capable of combining the advantages of both worlds, forming the necessary user support.

A vivid example of combining the best qualities of modern sites with a decent level of security is the Amanpuri project. With its launch, the users of cryptocurrency will receive long-awaited support, due to which the world of digital assets will continue its development.


Our information links.

HP
https://amanpuri.io/tokensale/

Telegram
https://t.me/amanpurichat

Twitter
https://twitter.com/amanpuri_ex

Facebook
https://www.facebook.com/amanpuriexchange/

Bitcointalk
https://bitcointalk.org/index.php?topic=5116010

Yahoo!finance news
https://finance.yahoo.com/news/bitmex-x-binance-x-asset-181500426.html

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