Review on IDEX by Pedro O. Alvino M.
High performance semi decentralized project
IDEX a component of Aurora Dao, which is based on a hybrid Exchange with decentralized tools that seeks to solve the problems generated by centralized systems and traditional Exchanges.
Built on the Ethereum network, it is made to support high transaction throughput in addition to adding a market schema and how many orders are being processed per minute, all without the need for a gas commission, and also waiting for confirmations of miners.
Pros
- High performance semi-decentralized real-time exchange.
- Ability to make quick transactions without the need to wait for mining confirmations.
- Contains a unique design of smart contracts.
- It offers the availability of multiple order relaizsr and order cancellation without gas cost.
- Designed by Aurora Dao an important distributed banking and financial network system.
Cons
- Offering an exchange with immediate liquidity is something that is already implemented in already recognized Exchanges and projects that are also built on the Ethereum network.
