(Bloomberg) -- Subscribe to Odd Lots (Spotify)
Subscribe to Odd Lots (Apple Podcasts)
Hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics.
There's an irony with crypto. While so much of it is ostensibly about circumventing legacy finance, many of the most important pieces of crypto infrastructure are centralized financial entities. For example, the newly public Coinbase holds fiat currency and is subject to numerous regulations. Enter decentralized exchanges. A new breed of trading venues has been built to enable trading directly upon a blockchain, allowing assets to be exchanged without any custodial requirements, permission, or even accounts. It's a totally different model of trading and market structure. On this episode, we speak with Hayden Adams, the creator of the Uniswap Protocol, which powers the world's largest decentralized exchange, to explain how it all works.
©2021 Bloomberg L.P.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
