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Not like well-established, centralized crypto exchanges (CEXs) like Binance or Coinbase, the Uniswap protocol uses sensible contracts to facilitate trading of ERC-20 tokens, appearing as an automated market maker (AMM). The AMM mannequin, which powers most decentralized exchanges, does away with the standard order e book, which would include all bid and ask (purchase and sell) orders on an change. Rather than stating the current market worth of an asset, an AMM conjures liquidity swimming pools by means of smart contracts. The swimming pools then execute trades in line with preset algorithms.
A peer-to-peer payment system: You can ship cash (BTC) from one individual or Content creation company to a different without the necessity for a bank. Sending cash this way is sooner, more secure, and cheaper than using traditional methods.
A decentralized system just like the internet, so it’s not controlled by one entity and can't be stopped by a third party.
A store of worth like gold (usually referred to as digital gold), but much easier to switch than gold.
Mora thinks that like different technologies, cryptocurrencies will evolve. It wasn't that way back that cellphones, for instance, had been bulky, costly bricks, instead of the reasonably priced gadgets that we slip into our pockets. Mora cites several emerging cryptocurrencies - Cardano, XRP, Stellar and Tron - that he says have much less environmental affect than bitcoin.