Uploaded August 2020 | Updated September 2026, 2 hours ago
In this session, Andreas answers your questions about decentralized exchanges or DEX. You can see the questions listed below, or don't read the description and just watch for an entertaining and informative look at the newest innovations in finance - DEX.
Timestamps provided by Yes2Crypto (thank you!)
0:02:53 Welcome from Andreas
0:03:50 Thank you to Community Builders
0:04:24 Video "thank you" from Community Builders
0:06:19 Moderation Policy
0:06:40 Andreas Intro to Stream Logistics
0:08:10 Q: I could find different types of DEX. Is it just a marketing word for p2p trading or does it really imply standards, fundamentals or any specific technology? (Hernan)
0:10:20 Q: The term "Decentralized Exchange" implied 100% decentralization, but how decentralized are they, really. Between DNS, ISPs, cookies... what pitfalls await? (Yes2Crypto)
0:12:38 Q: Full time traders rely on as many "knowns" as possible; one of those are fees. Centralized exchanges have published fees, but how do DEX fees work? The same? (Yes2Crypto)
0:16:30 Q: If a decentralized exchange uses TOR, would the recent discovery that almost 25% of TOR relays could be compromised and used to steal BTC be a potential issue? (Paul)
0:21:32 Q: A decentralized exchange implies not having custody of [person emoji]'s [money emoji], which are the specific technical mechanisms that allow decentralizing trust in an exchange? (Anabal's mom)
0:27:03 Q: Decentralization != trustlessness. Can you please talk about the differences and where leading DEXs fall on these spectrums? (Tomer)
0:32:21 Down the Rabbit Hole: What is the world's largest, most liquid, most efficient, most wide spread and most anonymouse decentralized exchange of them all? (Andreas)
0:34:41 Q: What aspects shall we look at to assess the degree of decentralization of a Dex? (Tripluca)
0:37:54 Q: Is there a list of DEXs and the level of decentralization each has achieved? How does one go about finding them? (Anonymous)
0:39:12 Andreas shows defiprime.com which shows list of decentralized exchanges with categorization
0:43:18 Moderation Policy
0:44:01 Q: What do you think of DEXs built on Layer 2 tech like Stakenet DEX using Lightning Network and Raiden Network to avoid onchain congestion and fees? (Anonymous)
0:47:07 Q: Can coloured or flagged BTC be sent to a DEX? (cryptocurious)
0:49:35 Q: Can u plz least the issues u think are the biggest challenges to make a true DEX using "atomic swaps". What you think of TierNolan's "atomic swaps" protocol (Anonymous)
0:53:20 Checking in viewers, chat and emoji storms
0:54:33 Q: How do you think "authorities" will react (or have already reacted) to the unregulateable and unstoppable nature of decentralized exchanges? (Mr. DENSE)
0:59:36 Q: What are relay tokens and how do they work? I have some on my Bancor account, and I can't seem to figure out how to change them into the main tokens (CryptoAndrew)
1:02:38 Q: If I am using a DEX while sailing in international waters, which country should I pay taxes to? (Craig Bursky)
1:04:18 Closing comments, upcoming livestreams, and thanks
From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Participating in these Livestream sessions is one way to do that. Thank you for being part of this mission.
Andreas isn't promoting a company or an organization, he's paid by the community (people who support this work on patreon and youtube) and provides an unbiased look at the technologies, what they can do for our societies, and how to get involved (if you decide you want to). No questions are too basic or simple. You can even ask questions anonymously, in case you're embarrassed for not knowing something already. Join us for more Livestream events by subscribing to the channel and hitting the bell for notifications.
Learn more about becoming a Community Builder: patreon.com/aantonop
*** Socials, Books, & More ***
Website: aantonop.com
Twitter: twitter.com/aantonop
Facebook: https://www.facebook.com/AndreasMAnto...
Insta: instagram.com/amantonop
LinkedIn: https://www.linkedin.com/company/aant...
Amazon Author: amazon.com/-/e/B00MVAG8Z8
Audible: https://www.audible.com/author/Andrea...
Don't forget to SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications.
Thanks for watching!
Join the aantonop Channel: aantonop.io/joinaantonopyt
In this session, Andreas answers your questions about decentralized exchanges or DEX. You can see the questions listed below, or don't read the description and just watch for an entertaining and informative look at the newest innovations in finance - DEX.
Timestamps provided by Yes2Crypto (thank you!)
0:02:53 Welcome from Andreas
0:03:50 Thank you to Community Builders
0:04:24 Video "thank you" from Community Builders
0:06:19 Moderation Policy
0:06:40 Andreas Intro to Stream Logistics
0:08:10 Q: I could find different types of DEX. Is it just a marketing word for p2p trading or does it really imply standards, fundamentals or any specific technology? (Hernan)
0:10:20 Q: The term "Decentralized Exchange" implied 100% decentralization, but how decentralized are they, really. Between DNS, ISPs, cookies... what pitfalls await? (Yes2Crypto)
0:12:38 Q: Full time traders rely on as many "knowns" as possible; one of those are fees. Centralized exchanges have published fees, but how do DEX fees work? The same? (Yes2Crypto)
0:16:30 Q: If a decentralized exchange uses TOR, would the recent discovery that almost 25% of TOR relays could be compromised and used to steal BTC be a potential issue? (Paul)
0:21:32 Q: A decentralized exchange implies not having custody of [person emoji]'s [money emoji], which are the specific technical mechanisms that allow decentralizing trust in an exchange? (Anabal's mom)
0:27:03 Q: Decentralization != trustlessness. Can you please talk about the differences and where leading DEXs fall on these spectrums? (Tomer)
0:32:21 Down the Rabbit Hole: What is the world's largest, most liquid, most efficient, most wide spread and most anonymouse decentralized exchange of them all? (Andreas)
0:34:41 Q: What aspects shall we look at to assess the degree of decentralization of a Dex? (Tripluca)
0:37:54 Q: Is there a list of DEXs and the level of decentralization each has achieved? How does one go about finding them? (Anonymous)
0:39:12 Andreas shows defiprime.com which shows list of decentralized exchanges with categorization
0:43:18 Moderation Policy
0:44:01 Q: What do you think of DEXs built on Layer 2 tech like Stakenet DEX using Lightning Network and Raiden Network to avoid onchain congestion and fees? (Anonymous)
0:47:07 Q: Can coloured or flagged BTC be sent to a DEX? (cryptocurious)
0:49:35 Q: Can u plz least the issues u think are the biggest challenges to make a true DEX using "atomic swaps". What you think of TierNolan's "atomic swaps" protocol (Anonymous)
0:53:20 Checking in viewers, chat and emoji storms
0:54:33 Q: How do you think "authorities" will react (or have already reacted) to the unregulateable and unstoppable nature of decentralized exchanges? (Mr. DENSE)
0:59:36 Q: What are relay tokens and how do they work? I have some on my Bancor account, and I can't seem to figure out how to change them into the main tokens (CryptoAndrew)
1:02:38 Q: If I am using a DEX while sailing in international waters, which country should I pay taxes to? (Craig Bursky)
1:04:18 Closing comments, upcoming livestreams, and thanks
From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Participating in these Livestream sessions is one way to do that. Thank you for being part of this mission.
Andreas isn't promoting a company or an organization, he's paid by the community (people who support this work on patreon and youtube) and provides an unbiased look at the technologies, what they can do for our societies, and how to get involved (if you decide you want to). No questions are too basic or simple. You can even ask questions anonymously, in case you're embarrassed for not knowing something already. Join us for more Livestream events by subscribing to the channel and hitting the bell for notifications.
Learn more about becoming a Community Builder: patreon.com/aantonop
*** Socials, Books, & More ***
Website: aantonop.com
Twitter: twitter.com/aantonop
Facebook: https://www.facebook.com/AndreasMAnto...
Insta: instagram.com/amantonop
LinkedIn: https://www.linkedin.com/company/aant...
Amazon Author: amazon.com/-/e/B00MVAG8Z8
Audible: https://www.audible.com/author/Andrea...
Don't forget to SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications.
Thanks for watching!
Join the aantonop Channel: aantonop.io/joinaantonopyt
![Cryptocurrency Explained: Chinese Bitcoin Mining, Taproot activation, Megacorps & Bitcoin [2021]](https://i.ytimg.com/vi/vGuCz56ihb4/mqdefault.jpg "Cryptocurrency Explained: Chinese Bitcoin Mining, Taproot activation, Megacorps & Bitcoin [2021]
Looking for an entertaining, trustworthy, unbiased opinion on bitcoin and open blockchains? This is it. Take a look at the timestamps to find the questions youre most interested in!
0:00:00 In the Beginning
0:01:39 Welcome and we are live
0:02:38 Do you think mining is becoming more or less decentralized? How open to Sybil attack are measurements of decentralization? Common FUD around bitcoin involves the Chinese near-monopoly on mining. Can this be definitively proven or refuted? [Demosthenes]
0:10:24 In a world of 100%(or near) ultra-cheap, renewable energy: what happens to the security of the Bitcoin network? Thank! [Mat G]
0:13:00 What is the ordering of transactions in a Block ? Does the miner decide the ordering?
0:21:50 Upcoming content changes, Q&A, audio-only, and more
0:24:50 What is speedy trial BIP8? And what does it mean for taproot activation. And i heard that taproot activation has already launched [Anthony]
0:34:35 In the event of a fork or BIP or similar, how do I vote with my node?
0:37:20 Thank you to Patrons and supporters
0:42:05 Bitcoin is very transparent and thus is not really 100% fungible any more due to tagging by banksters. Can you think of a reason why a smart person like Satoshi did not implement anonymous transactions right from the beginning? [outbacktrader]
0:45:59 Which of the BTC privacy services (Wassabi Coinjoin/Samurai Whirlpool/JoinMarket etc...) are easiest to use for a beginner? What are some of the unexpected behaviors and pitfalls a beginner should be aware of?
0:48:32 Down The Rabbit Hole: Capital Gains Taxes; Marginal Taxes
1:04:40 Thank you, 250,000 subscribers, and interesting banter about development
1:09:38 How could/should bitcoin be included in traditional primary and secondary education (K-12)? What disciplines (i.e. math, econ) are most relevant to mass education? [Demosthenes]
1:13:45 How do you recommend interacting with friends/acquaintances who are newer to crypto and who are chasing gains in altcoins while being hesitant to Bitcoin? Thoughts on long term success of Bitcoin vs. altcoins? [Bradley Hanson]
1:22:17 I love the opportunities that crypto offers. However, I see the megacorps gobbling up BTC by the (USD) billion, and I wonder how much this adoption wave is widening the gap between rich and non-rich. Meet the new boss... Thoughts?
1:28:01 What do you think of the services that allow you to earn interest with crypto (BlockFi, Celcius, etc.)? They are reliable? I am worried about the Not my keys, not my coins issue with them. [Masterplank]
1:32:56 Who owns the Lightning Network and should we be worried ? Can you please include an explanation of what this network is and how it relates to bitcoin? Thank you! [Skaffen]
1:39:30 Speed round!
1:39:56 Are FEES are the ONLY mechanism to prioritize transactions/prevent spam or can a system exist that uses another mechanism to prioritize transactions and prevent spam (similar to what several feeless cryptocurrency systems seek to do)
1:40:24 What is a chance that bitcoin will be delegalized in the western world?
1:40:37 Since LN nodes need to be online to guard against channel balance hijacking by the other party, what would be safe availability (e.g. 99.9%, 80%, etc...) of a node? Will it ever be possible to run a LN node fully from a mobile device?
1:41:07 Will you throw a big party if/when Taproot goes online?
1:41:24 Would it be possible to make coinjoins look like a single transaction using the property of signature aggregation of Schnorr signatures?
1:41:54 What would have to happen for you to think Bitcoin is inevitable?
1:42:15 Thoughts on staking ETH for ETH2? Does it make sense to stake for the new ETH2?
1:42:32 Is LTC kind of a testnet for BTC?
1:43:03 How are bitcoin transfer fees calculated? What is input and output?
1:43:55 Why are the media coming down on the Bitcoin - Eco Disaster FUD so hard? Theyve started prioritising it over other FUD such as Fees & Transaction speed
1:45:00 I would like to time lock my hardware wallet for a year. Is that easy for me to do?
1:45:21 How many Bitcoin are in one block?
1:45:50 Why would I pay anyone in bitcoin when I can invest it?
BECOME a Patreon Community Builder: https://patreon.com/aantonop
JOIN this YouTube channel: https://aantonop.io/youtube
LEARN from Andreas in one of his popular Workshops which will teach you practical crypto skills. There’s even a FREE Intro to Bitcoin & Open Blockchains to get you started. https://aantonop.io/takeaworkshop
You can also learn from one of aantonops many books. Andreas has written three technical books for developers about blockchain technology, Mastering Bitcoin, Mastering Ethereum, and Mastering the Lightning Network (2021) published by O’Reilly Media. He’s also written The Internet of Money Series books, which explain why bitcoin, ethereum, and open blockchains matter. Learn more at https://aantonop.com")
![Worst Ways to Gift Cryptocurrency [you can keep your bitcoin papaya]](https://i.ytimg.com/vi/vqxDQBgo5vc/mqdefault.jpg "Worst Ways to Gift Cryptocurrency [you can keep your bitcoin papaya]
In the Gifting Cryptocurrency Livestream, Andreas answered the question, What are the worst ways to gift crypto? In this 2 minute video, he explains the 3 worst ways to gift cryptocurrency including bitcoin. Watch the video and be sure youre not doing these things.
Chapters
0:00 What are the worst ways to give a gift of cryptocurrency to other people?
0:11 Dont give to people who dont want it, or really need the money now
0:29 No bitcoin papaya
1:20 Dont give gifts with strings attached
Watch the entire gifting cryptocurrency bonus livestream here: https://youtu.be/SsGBYJcV12k
Ready for some laughs? Watch this video snippet from Andreas no learning crypto comedy special: https://youtu.be/1AnAe6fm2-8
Or watch the entire episode of crypto comedy video: https://youtu.be/hjOTi3Vaiqo
COMMENT below and let us know what you think of the video. Post your follow-up questions about bitcoin, ethereum, lightning network, and cryptocurrency in general there too!
SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications: https://aantonop.io/youtube
JOIN this YouTube channel to become a YouTube Community Member and access custom emojis and other perks: https://aantonop.io/youtube
BECOME a Community Builder: https://patreon.com/aantonop
LEARN from Andreas in one of his popular Workshops which will teach you practical crypto skills. There’s even a FREE Intro to Bitcoin & Open Blockchains to get you started. https://aantonop.io/takeaworkshop
About aantonop: Andreas isnt promoting a company or an organization; hes paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at https://aantonop.com
From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission.
***Learn More From Andreas’ Workshops, Books & Events**
Amazon & Kindle: http://www.amazon.com/-/e/B00MVAG8Z8
Audible: https://www.audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
E-books & Merch: https://aantonop.io/shop
Patreon: https://patreon.com/aantonop
Website: https://aantonop.com
Workshops: https://aantonop.com/workshops
***Connect with Andreas on Socials***
Facebook: https://www.facebook.com/AndreasMAntonopoulos
Instagram: https://www.instagram.com/amantonop/
LinkedIn: https://www.linkedin.com/company/aantonop/
Twitter: https://twitter.com/aantonop
Thanks for watching!")
![WORST Ways to Store Bitcoin [3 Mistakes to Avoid]](https://i.ytimg.com/vi/x6rnAGscBrU/mqdefault.jpg "WORST Ways to Store Bitcoin [3 Mistakes to Avoid]
How secure are your bitcoin? Dont make easily avoidable mistakes when it comes to your cryptocurrency security and storage. Watch this video and make sure youre not storing your bitcoin in one of the worst places!
Chapters
0:00 What are the worst ways to store bitcoin?
0:16 Worst place to store bitcoin
1:56 2nd worst practice: Non-custodial, web wallet, without 2FA
2:31 3rd worst practice: Poorly secured desktop computer
3:23 The best ways to store bitcoin
Andreas has been asked, whats the best way to secure my bitcoin but this is the first time hes been asked what are the worst ways to store bitcoin. In this video, Andreas discusses custodial bitcoin security, two factor authentication, non-custodial bitcoin web wallets, and cryptocurrency desktop wallets.
This question is from the Open Topic Livestream Q&A, which took place on May 30, 2020. Watch the entire video here: https://youtu.be/BeBF2Pod_DU. If you want to ask questions early (before the live event), become a Community Builder on Patreon: https://www.patreon.com/aantonop. Patrons get early access to ask questions, view talks, behind-the-scenes content, and much more.
Related Videos:
Bitcoin Q&A: Can Bitcoin Be User-Friendly Without Compromising Security? - https://youtu.be/rIMzFobrJWU
Bitcoin Q&A: Climbing the sovereignty staircase - https://youtu.be/pOVm8YK3A_0
Related Workshop:
Learn how to Choose Your Cryptocurrency Wallet in Andreas latest workshop: https://aantonop.com/workshops. Use discount code: NYKNYC (not your keys, not your coins) to save 10% on your purchase of the workshop.
SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications: https://aantonop.io/youtube
JOIN this YouTube channel to become a YouTube Community Member and access custom emojis and other perks: https://aantonop.io/youtube
BECOME a Community Builder: https://patreon.com/aantonop
About aantonop: Andreas isnt promoting a company or an organization; hes paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at https://aantonop.com
From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission.
***Learn More From Andreas’ Workshops, Books & Events**
Amazon & Kindle: http://www.amazon.com/-/e/B00MVAG8Z8
Audible: https://www.audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
E-books & Merch: https://aantonop.io/shop
Patreon: https://patreon.com/aantonop
Website: https://aantonop.com
Workshops: https://aantonop.com/workshops
***Connect with Andreas on Socials***
Facebook: https://www.facebook.com/AndreasMAntonopoulos
Instagram: https://www.instagram.com/amantonop/
LinkedIn: https://www.linkedin.com/company/aantonop/
Twitter: https://twitter.com/aantonop
Music: Unbounded by Orfan (https://twitter.com/grassfedbitcoin)
Thanks for watching!")
