<<  >> (p.289)
    Author Topic: 🔷 Waves Tech - a powerful blockchain-agnostic ecosystem  (Read 132818 times)
    Waves.support
    Member
    **
    Offline

    Activity: 1325
    Merit: 28


    View Profile
    November 05, 2019, 07:45:53 PM
     #5761

    Citation:

    "We have big plans for Waves DEX, which will be spun off as a separate company and renamed Waves Exchange.

    All current components - including blockchain, mobile apps, matcher and gateways – will be unified, creating a hybrid product that will combine the best features of centralized solutions with the security of decentralized ones, also adding new services.

    Read more on our blog: https://blog.wavesplatform.com/waves-dex-to-be-spun-off-43da9f6e2a91"

    after reading the blog, more detailed explanations are needed.

    what will be centralized, and what will remain decentralized ?

    will the wallet and its coins remain decentralized ??
    will the seed remain encrypted and local ??
    what is the mode of communication between the 2 components ?
    where will be the gateways ?
    Hello. Some of your questions are quite unclear, but answering your first question, the answer is "yes", Waves based assets issued within the network can't become centralized anyhow.
    Speaking about encrypted and local personal data, all the user's SEED phrases/private keys are owned by them just like before. We don't have any access to such kind of personal information and never will ask for it.
    The payment gateways & the Matcher remain centralized ones just like now.

    Kind regards,
    Waves Community Manager
Page 288
Viewing Page: 289