“The question is, how can we apply this technology to help counteract some of the negative aspects of centralization… where those who are in a position of power — how can we use this technology to prevent them from abusing it, but not necessarily just prevent centralization altogether?” — Alex Wearn

Hello to the community! The seventeenth episode of Decentralize This!, Enigma’s new podcast hosted by Tor Bair, has just been released. Today we are excited to feature Alex Wearn.

Alex is the co-founder and CEO of Aurora, the creators of IDEX. IDEX is a hybrid decentralized token exchange built on Ethereum, combining decentralized elements (such as custody) with off-chain infrastructure that keeps IDEX fast, liquid, and a high-quality trading experience for users. As a result, IDEX is one of the most used applications built on Ethereum. IDEX’s hybrid model could provide a blueprint for developers looking to actually achieve adoption for their products — but it’s not without its drawbacks or challenges.

On Decentralize This!, we feature guests from around the blockchain and decentralization space. By taking a closer look at what prominent people are building and thinking about, we hope to find new ways to work together on creating solutions and getting these new technologies adopted at scale.

On this episode Alex talks with Tor about the difference between “true decentralization” and “pragmatic decentralization”, whether code should be law, why liquidity is the most essential element for any exchange, and what the impact of regulation might be on the nascent decentralization space.

Please listen using the link below and share with your friends, whether they’re in the decentralization space or not! We want to inspire people to think outside their day-to-day and come help us build a better future. If you want to suggest future guests, reach out to us on Twitter!

Decentralize This! is also available on Spotify and iTunes.

The Enigma Team