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by wegwerfbenutzer 1647 days ago
Please make the effort to understand the difference between frontend and backend.

The nice thing about the decentralised exchanges such as Uniswap or -dydx- is that you do not need their websites/ frontends because their smart contracts/ backend is available on the blockchain. Anybody can make a website that interacts with any smart contracts on the blockchain. There are even aggregator websites (e.g. https://app.defisaver.com/).

Do you know any website that aggregates the services of any TradFi banks and brokers?

Edit: Actually dydx is layer 2 now: https://dydx.exchange/blog/layer-1-wind-down

1 comments

Nice condescending tone you got going

Backend/frontend? I thought this was a decentralized network. There should just be users with nodes. Backends point to clear points of failure from a disingenuous misleading project

If you made even a passing attempt at understanding this space you would see how wrong you are.

Anyone can interact with a contract directly, you don't need any FE or BE at all.

I can't speak to the specifics of dydx since I am not a user and haven't done my due diligence on them, but with every other dex I have ever interacted with it is entirely possible to use their service entirely from the contract interface.

Its usually the first thing I do to ensure that I can access my funds without any external dependencies.

How can I make a passing attempt to understand the space when I've already been teaching decentralised tech for 6 years
Then as an educator you are doing your students a disservice and allowing your personal bias to impact their future.
You are just contradicting the parents comments while trying to claim they aren't being misleading. The exchange when down with aws and they were lying about being decentralised to sell tokens