{"id":19946,"date":"2023-04-17T17:27:56","date_gmt":"2023-04-17T17:27:56","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/decred-launches-dcrdex-0-6-the-latest-version-of-its-decentralized-exchange\/"},"modified":"2023-04-17T17:27:56","modified_gmt":"2023-04-17T17:27:56","slug":"decred-launches-dcrdex-0-6-the-latest-version-of-its-decentralized-exchange","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/decred-launches-dcrdex-0-6-the-latest-version-of-its-decentralized-exchange\/","title":{"rendered":"Decred launches DCRDEX 0.6, the latest version of its decentralized exchange"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1681750842467-55133a96-091b-471c-9871-1461ebc42455-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1681750842467-55133a96-091b-471c-9871-1461ebc42455-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1681750842467-55133a96-091b-471c-9871-1461ebc42455-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1681750842467-55133a96-091b-471c-9871-1461ebc42455-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>The new decentralized exchange will offer peer-to-peer cross-chain swaps.<\/li>\n<li>The DEX will not depend on any intermediaries.<\/li>\n<li>The exchange combines privacy, resilience, and cross-chain compatibility.<\/li>\n<\/ul>\n<p>Sovereignty and privacy maximizing currency Decred (<a href=\"https:\/\/coinjournal.net\/decred\/\">DCR\/USD<\/a>) has today launched the latest version of its decentralized exchange.<\/p>\n<p>The new version of decentralized exchange DCRDEX 0.6 will use a combination of privacy, resilience, and cross-chain compatibility to offer direct peer-to-peer cross-chain swaps without any kind of intermediaries, solving key problems around privacy and security. This makes it the first exchange to offer direct P2P swaps without using intermediaries.<\/p>\n<h2>New features introduced on DCRDEX 0.6<\/h2>\n<p>The most prominent new feature on DCRDEX 0.6 is the introduction of USDC and <a href=\"https:\/\/coinjournal.net\/ethereum\/what-is-ethereum\/\">Ethereum<\/a>. Users will have access to direct layer 1 atomic swaps without the need for an intermediary, utility token, or third-party arbitration.<\/p>\n<p>When swapping from an asset like BTC, the funds are locked in a native contract of the user\u2019s creation that is never spendable by a third party, only the swap participants.<\/p>\n<p>In addition, the DEX offers P2P swaps between Ethereum and other layer 1 chains like Decred and Bitcoin among others without the use of centralized pools or <a href=\"https:\/\/coinjournal.net\/compare\/best-cryptocurrency-wallets\/\">crypto wallets<\/a>.<\/p>\n<p>All the features on DCRDEX 0.6 ensure users maintain full custody of their funds throughout the swapping process.<\/p>\n<p>The new version of the exchange also introduces native wallets for <a href=\"https:\/\/coinjournal.net\/bitcoin-cash\/what-is-bitcoin-cash\/\">Bitcoin Cash<\/a> and <a href=\"https:\/\/coinjournal.net\/litecoin\/what-is-litecoin\/\">Litecoin<\/a>. Just like the Bitcoin and Decred wallets previously available on the exchange, the two newly added wallets are built on the privacy-preserving light wallet technology introduced by BIP157\/158 and transact directly on P2P networks, providing a high level of privacy and security while keeping the system requirements and sync times reasonable.<\/p>\n<p>The DCRDEX 0.6 also eliminates the previous one-time registration fee and replaced it with time-locked fidelity bonds. Instead of completely parting with some funds when registering, users will now lock up funds on-chain for a certain amount of time after which the bond expires and the user redeems it.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/decred-launches-dcrdex-0-6-the-latest-version-of-its-decentralized-exchange\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) The new decentralized exchange will offer peer-to-peer cross-chain swaps. The DEX will not depend on any intermediaries. The exchange combines privacy, resilience, and cross-chain compatibility. Sovereignty and privacy maximizing currency Decred (DCR\/USD) has today launched the latest version of its decentralized exchange. The [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":19947,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/19946"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=19946"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/19946\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/19947"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=19946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=19946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=19946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}