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A Decentralized Exchange Network as a Platform for Centralized Exchanges

As we’ve seen in the past, there were countless events where exchanges caused huge losses to their customers. These events were either caused by malicious intent or bad management and negligence. The good news is, any problem that happens from this point onwards can be avoided thanks to decentralized exchanges. It’s time we start to care more about where we store our money and demand better business practices from exchanges and services in this industry.

Timeline: A List of Recent Issues with Cryptocurrency Exchanges

A log of issues and attacks on exchanges since January 2015, with links to sources. Decentralized exchanges can prevent most of these issues, mainly database errors and malfunctions.