In this episode featuring Fred Ehrsam, Co-Founder of Coinbase, you’ll learn:
- What a decentralized exchange (DEX) is, how they work, what types of applications can be built on top of decentralized exchanges, and how they compare to a centralized exchange
- The benefits that decentralized exchanges can uniquely offer that centralized exchanges cannot, as well as some of the current drawbacks of decentralized exchanges
- Why there is a need for the decentralized exchange for tokens
- The difference between a decentralized exchange and a decentralized exchange protocol
About The Author
Fred Ehrsam is the Co-Founder of Coinbase. Founded in 2012, Coinbase one of the world’s leading platforms where merchants, consumers, and traders transact with digital currencies such as Bitcoin, Litecoin, and Ethereum. Prior to founding Coinbase, Ehrsam was a trader at Goldman Sachs. Ehrsam studied Computer Science and Economics at Duke University. Ehrsam is an advisor to Polychain Capital and 0x project.