Why we created a decentralized exchange. (Or why I moved out of San Francisco and now live on a small sailboat) Dan Walton Follow Aug 11, 2017 · 2 min read

I’ve been excited about systems like Bitcoin since it was 7$. As a software engineer I always wanted to make some kind of contribution. I witnessed many centralized exchanges fail or lose funds. My friends and I all lost funds in the MTGox debacle.

When funds are stolen it’s double damage. Not only are good intentions halted but bad actors are encouraged.

When Ethereum was announced I was immediately interested. I know that the most important part of these new internet currencies is that they can evolve and improve. I saw Ethereum as an technological and adventurous improvement.

The ICOs that followed are also interesting. However I felt something was missing. In order for a market to determine the value of something you have to be able to bet against it, not just for it. We want to improve this.

Ethex.market is formed on these ideas and experiences. We want immediate liquidity of crypto/ideas/tokens. We want to fully live the promises decentralized technology and we want it now!

Ethex.market is an exchange built fully on Ethereum. There is no central server. You don’t have to deposit your money with us and hope you can withdraw it later. In order to be successful we will work to make fees as low as possible. We aren’t asking for an ICO, we aren’t promising you anything, it won’t happen tomorrow. Our DApp works now and you can read the code.

It’s the way an Ethereum exchange should work today. Tomorrow we will evolve.

Please read more here: Ethex.market

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