McAfeeDEX, The New Decentralised Exchange Will Be Open-Source


Last week, we brought you the news of John McAfee launching a Decentralised Exchange – McAfeeDex. The beta version releases today i.e. Oct 7, 2019. This is very exciting news for the whole crypto world. The Bitcoin bull, John McAfee knows what is important for the industry and is working diligently for the same. 

Bitcoin Bull, John McAfee tweeted late Sunday evening. The tweet says McAfeeDEX is going to be an open-source. Tweak the code & create another exchange.

As per his latest tweet, John McAfee released a video wherein he is explaining the exchange further. He adds that the McAfeeDex will be open source and anyone can change and integrate it into their wallet. Now isn’t this exciting? Imagine a decentralized exchange open source exchange. Further, John McAfee also adds that the team will assist to install for minimum fees, and the traders will get half a% of transaction fees. It’s a win-win situation for both.

In his earlier tweet, John McAfee had hinted about a surprise. The crypto world was on its toes regarding the same. The very next day, he announced the launch of McAfeedex and the crypto industry was excited to the core.

The former anti-virus software tycoon further added:

The McAfee Distributed Dex beta version is coming 10/7. Play with it. It takes time for enough users to join to make it real, but if you play, and be patient, you will see it’s the door that frees us from the government’s cornerstone of control: Fiat currencies. It can’t be shut down.

The main motto of this McAfeeDEX being open-source DEX is for the industry to adopt crypto. The sooner we have widespread DEX adoption, the better!

What Crypto Industry Thinks?

Referring to the announcement of Open source, many tweets followed. Some are excited to create their own exchange via this McAfeeDEX open source code

As it happens with every unique project, John McAfee’s idea was met with some negative remarks. Some showed concern regarding the project.

Apart from this Mcafee had also set to launch his own currency, McAfee Freedom Coin. But as of now, the project is scrapped citing personal circumstances.

What do you feel about this McAfeeDEX open-source project?

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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