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03
Sep, 2021

Twitter’s Jack Dorsey Creates a Decentralized Exchange

It is widely known in the crypto community that Twitter CEO, Jack Dorsey is a big crypto fan and has been involved in the space, through Square.

 

Dorsey announced that he wants to create a decentralized exchange through Square, that will focus on Bitcoin. The goal for this move will be to create an open developer platform that will provide decentralized financial services.

 

Decentralized exchanges is a new trend in the crypto world, where those exchanges don’t hold reserves on cryptocurrencies that are sold or bought from different users. In contrast, the decentralized exchanges are getting in touch different users, providing a safe transaction environment, delivering the same blockchain technology to make the hard work.

 

We wait for the next steps…