SATIN
SATIN INTRODUCTION A truly decentralized model will have various benefits that will be enjoyed as opposed to running a centralized system. What notable differences can be found between a centralized and a decentralized model of operation? A centralized exchange is a third party exchange that acts as a facilitator for transactions carried out between two parties on its platform. It actually improves convenience of trading because all activities are properly managed and controlled thus loss of funds during a transaction are minimal. Before a trade is initiated, the funds are held in an account before execution. A decentralized exchange on the other hand does not have a designated authority in charge. There is no single account that holds funds before market orders are executed. Rather, the platform itself acts as a mediator for matching orders directly on a peer-to-peer basis. Transactions are not kept in charge of a third party server and escrow costs and charges are eliminated. SATIN t...