'Web 3.0 + DEX: Why DEXs will Win the Race Against CEXs' dex cex
Hi Manfredi, welcome to our series “Behind the Startup.” Please tell us about yourself and the story behindHello Ishan, I am Italian as is most of the Hyperdex Team. I studied Business in southern California and gathered my first financial experiences from European banks. After a few years in the standard financial system, I started developing proprietary algorithms to trade Forex markets independently.
This service would include three main aspects of the DeFi world that aren’t very developed yet: a fix income service , a fully managed algorithmic trading service, and a simplified futures contract trade service with easy pre-set parameters for anyone to use easily. Finally, we decided to start building the platform with our own resources. Currently, we have written all the necessary smart contracts in Solidity and have a working platform.
In our opinion, robust blockchain security protocols are not hackable in the sense that many think. Often, when someone gets “hacked”, the password was stolen by the “hacker “ via some procedure such as the user falling victim to a phishing program. So a “hacked” wallet is usually never a direct blockchain security issue. One rule is to never share your seed phrase online with anyone unless you are 100% sure it is the correct cold wallet or online wallet service/address.
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