We have been in Singapore this week and meeting lot of enthusiasts, projects, newbies, traders, hedges, govt, etc etc. Its been enthralling least to say. More on our adventures below.
Everyone wants to start an exchange. Everyone wants to do an ICO. Everyone wants to trade cryptos. It seems everyone wants to do everything, We have been helping streamlining that with our two pence worth.
0X and its new wave of Decentralised Exchanges. A decentralized cryptocurrency exchange has a central authority or in other words a single point of failure. You deposit funds directly, they match buyers to sellers, example Coinbase, Kraken, and ShapeShift. But then we also had MtGox and Bitfinex - famously hacked for approximately 650,000 BTC and 120,000 BTC. So basically users have to trust them.
Great article and more information by Hacker Distributed below. Must read if you want to know more.