Originally published at: https://www.channel-sea.cc/gas-fees-and-the-unwavering-preference-for-centralized-exchanges-zycrypto/
Before decentralization, centralized exchanges (CEXs) were the only option to buy and sell digital assets. That’s to say that CEXs played a significant role in the adoption of crypto. Interestingly, they remained an essential resource during the 2017 ICO boom when thousands of entities launched their projects. Not even the hype about decentralized systems seems…