#647 Understanding Decentralized Exchanges w/ Peng Zhong

Peng Zhong is the CEO & President at Tendermint. In this conversation, we discuss decentralization, centralized infrastructure, the pros and cons of decentralized exchanges, and what to expect as more users move into decentralized products.  ======================= Do you have a business idea you’ve been dreaming about, but don’t know how to actually start building it? Use Bubble’s drag-and-drop tool to develop custom, interactive, multi-user web apps in hours. Go to Bubble.io to build, launch, and scale real ideas and products without engineers or code! Bubble is the go-to no-code platform for over 1 million builders, and has recently closed a $100M funding round to continue supporting startups like yours, from MVP to IPO. Go to Bubble.io/pomp and the first 500 listeners will get their first month free on any of Bubble’s paid plans.  ======================= Okcoin is one of the most popular licensed exchanges. Okcoin is the first to bring new cryptos to market, offering some of the lowest fees in the industry, an easy to use app, and Earn feature--you got to check out their brand new, beautifully designed app! And as of today, they also became the first US exchange to list NEAR. It’s easier than ever to sign up, buy and trade crypto in just 2 minutes on Okcoin with credit & debit cards or just link your bank account to the best new crypto assets. So get started, and go to okcoin.com/pomp =======================