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      "body": "![DWhuqvIWkAARh0f.jpg](https://steemitimages.com/DQmNmk6b6obGsCRHzEDd7EVST67auZwvJiZxFNKb1MNJGxv/DWhuqvIWkAARh0f.jpg)\n\nThe venezuelan communist dictator Nicolás Maduro believes that he will prevent the total economic collapse (inherent in any communist regime) with, take note please, a #stablecoin which price will depend (by definition no longer a stablecoin) of the price & the supply of national production of oil assets (today, in a historical minimum) and, please pay attention: the most devalued currency in the history of the Latin region.\n\nBut that is not all. In the english version of the #whitepaper the #PETRO is a premined #NEM token and in the spanish an #Ethereum #ERC20 token.\n\nBut if that was not too much, behind the scenes hides the best:\n\n**First**: there is no way to access the pre-sale site of #ElPetro that started today (not because of collapse, but because there is no button to enter…).\n\n**Second**: the pre-sale site of #ElPetroActivo is only in spanish, preventing buyers from around the world to understand how to make this #shitasset\n\n**Third**: who (perhaps being very stoned) desire to have an exchage that manages #ElPetroEsSoberania must comply with the bureaucratic norms of the state offices with the more ridiculous and longest titles in the world (on this occasion: “Superintendencia de los Criptoactivos y Actividades Conexas Venezolanas [Supcriptove] dependiente del Ministerio del Poder Popular para la Comunicación e Información de la Presidencia de la República Bolivariana de Venezuela y del Ejecutivo Nacional”) and the worst legal security on the planet except for North Korea.\n\n**Fourth**: buyers must undergo an AML Compliance process that will be approved by a government denounced worldwide for the same crime.\n\nThis analysis is as short as the life that this bolivarian madness will have to get rid of the american dollar. The so-called “first State-issued crypto asset” will fail miserably and it is a huge political gift from the State to #cryptoanarchy.\n\nLike the pro-government supporters have tweeted #ElPetroEsVenezuela (The PETRO is Venezuela), yes, that is the best possible analogy:\n\n# **The PETRO is an announced disaster**.",
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      "body": "Congratulations @eliooses! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstpost.png)](http://steemitboard.com/@eliooses) You published your First Post\n\nClick on any badge to view your own Board of Honor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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      "body": "@@ -1700,17 +1700,16 @@\n , maybe \n-%0A\n the most\n@@ -2020,17 +2020,17 @@\n aybe for\n-%0A\n+ \n the end \n@@ -2401,17 +2401,17 @@\n lue that\n-%0A\n+ \n represen\n@@ -5079,17 +5079,17 @@\n the best\n-%0A\n+ \n minds in\n@@ -5157,17 +5157,17 @@\n  can all\n-%0A\n+ \n enjoy it\n@@ -5862,17 +5862,17 @@\n , please\n-%0A\n+ \n verify t\n@@ -5942,17 +5942,17 @@\n itate to\n-%0A\n+ \n let me k\n",
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      "title": "inDEX, a comprehensive list of decentralized exchanges",
      "body": "[![inDEX](https://steemitimages.com/DQmavcKQriKpY9gvoAZyVawT8WRYUoTcwkSYer77kcnsqTq/index-github.jpg)](https://github.com/distribuyed/index)\n\nI have read no less than three dozen of articles in the last months of 2017 that were concerned by the fact that “the great thing” for 2018 in terms of cryptocurrencies would be the decentralized exchanges. Reasons were not lacking, regulations to traditional exchanges enjoyed a new wave of idiots who wanted to prohibit or apply taxes. In these articles the sames DEX (as they are abbreviated) were always cited , and they were never more than three or five.\n\nHaving worked in Oasis DEX and being interested in the concept of a truly 100% decentralized exchange (I am writing a book about that) I had a mental map of no less than twenty DEXs.\n\nBut if very informed people who work for the Financial Times, Bloomberg, and other mass media and other specialized media, had that limited knowledge and I, a humble bitcoiner since 2011, quadrupled the data, what was the closest number to the true current scenario?\n\nI decided then to let the collective intelligence act and publish in a repository that mental map that I had:\n\n[![inDEX](https://steemitimages.com/DQmaA4e7uQ3crfZCzJkunHmXcJXJ2fovqx7WeAuXMuVgHFk/image.png)](https://github.com/distribuyed/index)\n\n\nI started to research in my free time and the thing got really good.\n\nFrom 20 they became 40, from 40 they went to 50, from 50 to 55. From 55 to 80 once I found the report “[State of Decentralized Exchanges, 2018](https://media.consensys.net/state-of-decentralized-exchanges-2018-276dad340c79)” [1] by [Nathan Sexer](https://medium.com/@nathan.sexer) of [ConsenSys](https://medium.com/@ConsenSys), maybe \nthe most knowledgeable of the subject in the whole world, without exaggerations.\n\nCurrently the list has 140 decentralized exchanges of cryptocurrencies, tokens, derivatives and futures. And of course, their respective protocols. More than 60 projects I have listed privately for consideration and analysis, so maybe for\nthe end of Q1 of 2018 we can say that there are at least 200 DEX projects operating or developing.\n\n### Now, what is the big deal with the DEX?\n\nThe cryptoeconomy in less than a decade went from worth two pizzas to “rub” the trillion of dollars [2] (in relative terms). And this was achieved despite all the frictions in the centralization of the process of exchange of value that\nrepresent the exchanges we met until this year. To illustrate what we are talking about, I will quote below some of these frictions (examples in the real world are redundant, I will only cite with source one of the most serious):\n\n* Those who have your private keys, have your money. (If you are reading this you\nshould already know, but it is never wrong to remember).\n* There is no way to verify that there is no price manipulation.\n* Genuine hackings.\n* False hackings.\n* Genuine shutdowns.\n* False shutdowns.\n* Maintenance shutdowns scheduled.\n* Unscheduled maintenance shutdowns.\n* They have your keys.\n* Sign ups.\n* State controlled.\n* Legislations that prevent the borderless.\n* Anti money laundering (AML) policies.\n* Know your customer (KYC) policies.\n* They have your information, so you could go to jail if you’re wrong about\nsomething.\n* Fuck off bro!, they have your damn keys!!!.\n* Infrastructure collapse.\n* Collapse of the support before possible peaks in the price.\n* Governance by real persons liable for threats, robberies and kidnappings. [3]\n\nAnd believe me, I do not want to extend the article with this … (I should make a collaborative list too… ).\n\n### What could happen if the DEXs successfully and simply eliminate all or some of these frictions?\n\nI think the answer we all imagine and there is the interest aroused in traders, developers, investors and simple mortals in making this work.\n\nFor this to happen there are different features that decentralized exchanges should have, and taking into account that decentralization, like freedom is not absolute but relative, the more you have, better:\n\n* **Decentralized Capital Deposits (non-custodial):** You should be able to trade\ndirectly out of your own wallet.\n* **Decentralized Order Books:** Orderbooks should be synced among various parties\nto prevent any malicious behavior in a similar way that blockchain validation\nconsensus is decentralized.\n* **Decentralized Order Matching:** The matching of orders should be decentralized\namong different parties.\n* **Decentralized Swap:** The usage of atomic swaps. The trader’s funds should go\ndirectly from one to the other without any other parties handling the funds.\n* **Decentralized Governance:** The direction of the project should be governed by\nthe project’s service providers.\n* **Decentralized Development:** The project should be open source.\n* **Decentralized DNS:** The project should be accessible through a decentralized\ndomain name service.\n* **Decentralized Client:** The trades should be possibles through a downloadable\nclient or build it from source.\n\nIt is not easy to carry out a project that meets all this, but some of the best\nminds in the world are working day and night to make it happen and we can all\nenjoy its benefits. 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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://decentral.market/2018/02/15/index-a-comprehensive-list-of-decentralized-exchanges/",
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And this was achieved despite all the frictions in the centralization of the process of exchange of value that\nrepresent the exchanges we met until this year. To illustrate what we are talking about, I will quote below some of these frictions (examples in the real world are redundant, I will only cite with source one of the most serious):\n\n* Those who have your private keys, have your money. 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