Binance afraid of Nash Dex?
Binance Censoring Nash
no, afaird of stakenet (xsn) dex
Damn, that looks smooth. What benefit does the coin give? Discount trading fees like BNB? Or stuff like Coss and Kucoin?
Is 2k nash enough to make it?
tl/dr: they guy posts on Binance telegram a list of Dex names and nothing happens. Posts Nash and gets insta banned.
All I know is:
1) It is suppose to rival / mimic centralized exchanges, but you actually own the coins you hold on the platform. It will allow cross-chain (NEO-ETH-BTC) trading.
2) The NASH (NEX) token can be staked to earn all those delicious fees (in whatever currency is traded)
3) Fast off-chain matching mechanism, they cannot halt your transactions either (ahem IDEX)
4) Also will provide utility in many ways like BNB I imagine
5) Securities can be traded (legit)
Theres so much more, the biggest problem I see would be the exchange volume, that is the biggest hurdle. Mar 31 ETA
They will have fiat deposits and withdrawals and direct purchases, like coinbase.
They will offer payment processing to merchants with their swapping engine. You pay with whatever crypto you want, the merchant accepts crypto or fiat, Nash swaps it for you. 75% Dividends will be paid from that activity too.
Nash will have a license to trade securities. STOs will be the next wave, and Nash will have an STO launching platform. If Apple or Amazon stock becomes tokenized, it will be traded on Nash.
Binance is child's play to what potential lies in Nash. They could end up competing with the NYSE and the NASDAQ. And shares are trading for about $1.50 right now. Around a $40mill cap.
Correction. Trading at $1.64 and $46 million cap. I forgot the part about how it keeps going up 3% every day.
Frens plz. I cannot wagecuck much longer, i need to know
Binance is literally copying Nash's while marketing gameplan. They copied the community forum , and now they've carbon copied the referral code promo. They aren't even trying to hide it.
Invest in the overvalued copiers, or the undervalued innovators?
you have to do kyc though... doesnt seem like much of a dex
That's due to the security license and fiat gateways. Your coins are always under your control. You always hold the keys. That makes it a dex. Your coins can't get hacked, and the exchange can't exit scam with your money. That makes it a dex. KYC doesn't mean it's not a dex, it means it's a regulatory compliant dex.
I'm sure you only need to KYC if you are staking NEX
if your not signed up, use my code: WooyXU
Block colliders borderless is a true dex not this shit. A dex needs to be COMPLETELY decentralized. Not some half ass shit. Its better than a centralized exchange like binance but its not a dex period.
OK. Great. Is block colliders going to list security tokens? Do they have any reasonable prospect at all for handling point of sale payment processing or bridging the gap between crypto and traditional financial markets?
The decentralized element is just one aspect of what Nash is bringing to the table. Which is why you get banned from Binance chats for even typing the word. They know what Nash means for them, and it frightens them. None of the other shitty little "true" dex scare them. Nash does.
>Block colliders borderless
Crypto that does not even SSL on their main web.
whre I can buy this shite?
Not easy to obtain. OTC / Aphelion / Toktok
Block collider devs are going to war with binance lmao. You can list ANYTHING on the dex. No one can stop it. Binance won't list them even though whales are buying for otc right now for 3x ico and it hasnt even unlocked. Its not just for dexes either. It crushes shitty cosmos and polkadot.
Who gives a fuck? It just expired. They just open sourced and you can do cross chain tx completely decentralized. None of that validator bullshit. This is next level stuff and it isn't just for people to build dexes with.
Block collider requires emb tokens to mine the transaction coin nrg. Emb has a very limited supply. This means that emb holders monopolise mining. There should never have been two tokens. The system is broken and unfair by design.
You dont need emb to mine. Emb will help you get more nrg. The greatest token economics ever. Anyone can mine block collider.
Holders of emb mine more than miners without. This is like bitcoin whales being the only ones mining sucessfully regardless of hardware.
Looks just like coinmetro
it just keeps going up
They don't nine more you moron. They will get more nrg which is used for cross chain activity and can be used by devs on block collider. Also you would need to invest a lot of money to get the required emb to make a big difference in the amount of nrg you get. Emb is also used for governance.
Its like spending billions of dollars on hardware for mining or buying half the shares of a company. Of course the guys who spend a bunch of money will have more control or will have an advantage. Its still a completely decentralized interop chain and protocol. First of its kind.
Thank you for confirming exactly what I said. EMB holders mine much more NRG.
"How are Emblems used in mining?
An Emblems allows miners to expand the possible number of transactions that can be stored within a block. This in turn allows them to potentially gain more fees for transactions on the blockbut does not give theman advantage in discovering the next block."
Absolutely nothing wrong with this. Nrg is for devs and people who want to utilise block collider and its tech so if devs want to buy more emb to get more nrg theres nothing wrong with it. What the hell is your point?
Okay, NRG is only for devs. We shouldn't mine, trade or hold it. However the devs mine the coin is none of our concearn. Got it.