The POW coin track is becoming increasingly hot, whether it is the current traffic king $KAS or $DNX, the dark horse that the market is looking forward to, the#Spacemesh($Smh) that has won a lot of attention before it is listed, or the $Xna, $Octa, $Fact that have already increased a hundredfold, or the future hundred-fold coins that are ready to go, various POW coins are rushing to emerge.
Exchanges are the main channel for speculation on POW coins, which are more convenient, timely and safer than OTC.
However, the exchange itself is also a hidden danger. Whether it is the closed#Txbitexchange or the currently popular#XeggeXexchange, they are all centralized exchanges. Under the influence of the operator, the exchange may be closed or lost at any time.
Therefore, decentralized exchanges for POW coins have become a market demand.
ETH or other competing chains, their decentralized exchanges mostly deal with transactions of assets on their own chains. But each POW coin has its own public chain, and decentralized exchanges not only have to handle asset transactions but also "cross-chain" transactions at the same time, which may also be the difficulty of POW coin centralized exchanges.
But for multi-chain wallets, this problem should be easier. Multi-chain wallets are supposed to store assets on different chains, so it is relatively easy to enable trading functions. Moreover, the trading function of multi-chain wallets is more like sending coins under a smart contract.
$KMD has been working on this function. Although liquidity and traffic problems have not been solved, the KMD team is still working hard.
I don’t know if there are any teams working on this secretly now, but as a user of the POW track, I hope that more teams will do this, because the POW track can fully take into account public chains such as $ETH, BNB, Matic, $Arb, $OP and #L2.
