On-Chain Accounts

One of the advantages of DEX compared with CEX lies in that it effectively avoids the credit problem, and all mechanisms are relatively transparent, so that ownership and use rights can be more clearly distinguished. However, it also brings some disadvantages. For example, the developed DAPP needs to be improved to be compatible with each smart wallet. Secondly, when the version is upgraded, the cost of gas fee is not trivial because the upgrade is done on the chain.

Last updated