Livecrypto makes a redressal of blockchain in exchanges
Blockchain has become a phenomenon which is now making its
place in every domain. It may have become an all-purpose technology but
blockchain cryptocurrency is something which makes it complete. And to make
cryptos reach every field, cryptocurrency exchanges will play a pivotal role.
Therefore, it is must they integrate blockchain into their platforms
religiously.
Adapting blockchain for
real
However, this is not happening if you see the current scenario.
Currently, most of the crypto exchanges are centralized and due to lack of
regulations, they are not bothered to correct this. It is hard to imagine that
the very propagators of this technology have not taken it seriously. Blockchain
is a technology which runs of decentralized distributed ledgers, it shuns
centralized governance throughout its process.
But the exchanges are not conducting their operations as per
blockchain technology. They are reluctant to give up the control and continuing
to deliver a centralized platform under the garb of blockchain. Unfortunately,
there is no way for a user to ensure that the exchange they're using is
blockchain-run and controlled by the exchange owners.
Making blockchain
indispensable
The exchanges have taken an inordinate advantage of this and
cheating their users by saying that their platforms execute transactions on
blockchain. Even if they don't swindle the coins of users, they are putting the
security of users and their currencies at stake. Everyone knows that the
centralized mechanisms are vulnerable cyber threats and they haven't been able
to protect the information efficiently.
That's why Livecrypto has a taken a step towards making
blockchain indispensable in exchanges. Its aim is to make people aware of the
technology and urges them to use a genuine platform which delivers technology
as it is. The usage of blockchain in crypto exchanges will become more relevant
with this platform. This exchange is resolute to bring the change in the most
essential service to every crypto user.
Rendering cryptos
popular and practical
Livecrypto makes its exchange reliable for every crypto user
and encourages everyone else to use this technology. Cryptocurrency is no
different from any other technology that people were reluctant to use after its
inception. Whether it is internet, telephone or electric bulb, people took time
to get familiar with a new thing and relinquish their previous settings.
We have been using fiat currency for centuries and used to
the centralized governance as well. No matter how monopolistic and manipulative
it is, we need a higher authority to get every action validated. Cryptocurrency
breaks this unjustified regulation which runs into every government and private
entity. This technology is not only innovative but it is also revolutionary in
every aspect.
Livecrypto emphasizes the usage of cryptocurrency with a 100%
blockchain-based platform. In addition to that, Livecrypto has introduced an
all new altcoin, RAM, in the market. Unlike the others which are just focused
on making profits, this is an exchange which is entirely dedicated to the
cryptocurrency technology.
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