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Re:SEC settles with EtherDelta founder for running an unlice... by alistproducer2 on Thursday November 08, 2018 @06:31PM (#18411011)
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
Re:SEC settles with EtherDelta founder for running an unlice... by dangero on Thursday November 08, 2018 @08:38PM (#18411749)
Except 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-hacke...