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Simon Taylor @sytaylor
, 4 tweets, 2 min read Read on Twitter
With decentralised exchanges now all the rage we have to learn the lessons of centralised exchanges

1) user experience has to be better
2) performance has to be better
3) don't fight the law

Expanded below...
1) User experience is just awful on most centralised exchanges. There's no excuse for bad human centric design in 2018.

Who is the customer? What does crypto mean in their life? What job are they trying to get done?

Learn from the best in #fintech
2) Performance

I'm not sure how a Dapp can perform better than a centralised system but the big exchanges are SO bad it's not a high bar to leap over...

@0xProject gives me hope, but the proof is in the testing

Web scale performance remains illusive in decentraland
3) The law

It can't be the case that the long term value of crypto is tax avoidance / pump and dump. Otherwise we all lose.

Strong decentralised exchanges that find innovative solutions to consumer and Investor protection before regulators coming knocking win long term
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