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During the boom, I was really glad that ED was around when I wanted to make large buys because it eliminated counter-party risk. With regular exchanges it was c
by alistproducer2 8y ago
During the boom, I was really glad that ED was around when I wanted to make large buys because it eliminated counter-party risk. With regular exchanges it was common to have withdrawals halted or have deposits not show up for hours with no support, if they showed up t all. Eventually they couldn't handle the volume and it fell apart but when it worked it was a godsend
- dangero 8y agoExcept it does not eliminate counterparty risk because it still has central points of failure it even got hacked and people lost money. https://www.ccn.com/cryptocurrency-exchange-etherdelta-hacked-in-dns-hijacking-scheme/ https://www.ccn.com/cryptocurrency-exchange-etherdelta-hacke...