Coinbase CEO Brian Armstrong noted that the current practice of evaluating each coin individually is no longer effective.
Armstrong emphasized that exchanges have difficulty processing huge volumes of applications, and this requires alternative solutions. He proposed replacing the “allowed list” of tokens with a “blocked list”, which will reduce the load. In addition, he noted the importance of using customer feedback and automated analysis of on-chain data to filter assets, which will give users the opportunity to make more informed decisions.
“We will continue to deepen the integration with DEX. Users do not care whether trading takes place on a centralized or decentralized platform, the main thing is convenience,” Armstrong said.
Kaspa miner Luke expressed support for the idea, but pointed out the need for changes in the documents for registering projects on the exchange itself. He noted that current forms require management and registration information, which is a barrier to truly decentralized projects.
"Many open source projects that are launched honestly cannot list a conference room or a legal address. Changes must start from the platform itself," he added.