there should be proper regulation in this platforms offering swap deals

The blockchain was built on the idea that it is possible to build financial systems which are not dependent on legal or government regulators.

Most swaps, like the #leodex and #blurt swaps, are run by third parties. We depend on the benevolence of the third parties to carry through the transaction.

I sent 10 HIVE to @leodex . I was depending on the goodness of @leodex to carry through the transaction.

Instead of depending on third party swaps, we need to find ways to move funds between blockchains without a dependency on third parties.

!WINEX