Hacker News new | ask | show | jobs
by RexetBlell 2171 days ago
There were no ICOs in the last 2 years. The community moved on from that. Decentralized non custodial exchange usage is growing, like https://loopring.org/ that’s based on zero knowledge proofs cryptography and allows 2000 trades per second, and the people who built it can’t steal your money even if they wanted to.

There are also decentralized options to protect you from volatility https://opyn.co/ or https://www.hegic.co/

There are many alternatives to Tether, for example USDc or a decentralized stable coin like DAI.

3 comments

Loopring is interesting, thanks for passing that along.

Even with the options on ethereum, Tether alternatives, etc. involvement with cryptocurrencies has high risk for someone who doesn't have a strong understanding of how it all works at a technical level, which is what the parent comment stated.

No ICOs? None at all? Since mid 2018?

Having trouble believing that, especially as I can see evidence of hundreds of the damn things after a simple search - https://ico.tokens-economy.com/statistics/country.html?count...

Sure, many of those won't be using ethereum, but they still happened. And that's before you dive into the IEOs and STOs, which appear to be more of the same.

There are still ICO's, they are just rebranded usually to something else like IEOs or STOs.