If cexes continue delisting privacy coins the only way you could trade them would be through Thorchain since it is still the only protocol (that I know of) that lets you swap tokens from two different blockchains natively, eg LTC to BTC.
Well I would imagine we would also see a lot of wrapped versions showing up and LPs started. That way people could gain access and then bridge back to the original chain.
Whatever happens, this epitomizes how the industry is going to win. No matter what they do, there are ways to develop around it.
Fully agree but wrapped tokens require faith in the contracts while Thorcahin swaps require almost none since the assets are swapped directly between each other.
Care to elaborate? I am not following.
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If cexes continue delisting privacy coins the only way you could trade them would be through Thorchain since it is still the only protocol (that I know of) that lets you swap tokens from two different blockchains natively, eg LTC to BTC.
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Ah okay.
Well I would imagine we would also see a lot of wrapped versions showing up and LPs started. That way people could gain access and then bridge back to the original chain.
Whatever happens, this epitomizes how the industry is going to win. No matter what they do, there are ways to develop around it.
Posted Using LeoFinance Beta
Fully agree but wrapped tokens require faith in the contracts while Thorcahin swaps require almost none since the assets are swapped directly between each other.
Posted Using LeoFinance Beta
That is true. However, how long until it is live and going.
Also there seems to be great faith in many contracts. They seem to be getting better.
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