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Hosted by Enigma's Head of Growth Tor Bair, our seventeenth episode features Alex Wearn. Alex is the co-founder and CEO of Aurora, the creators of IDEX. IDEX is a hybrid decentralized token exchange built on Ethereum, combining decentralized elements (such as custody) with off-chain infrastructure that keeps IDEX fast, liquid, and a high-quality trading experience for users. As a result, IDEX is one of the most used applications built on Ethereum. IDEX\u2019s hybrid model could provide a blueprint for developers looking to actually achieve adoption for their products\u200a\u2014\u200abut it\u2019s not without its drawbacks or challenges.\n\nOn this episode Alex talks with Tor about the difference between \u201ctrue decentralization\u201d and \u201cpragmatic decentralization\u201d, whether code should be law, why liquidity is the most essential element for any exchange, and what the impact of regulation might be on the nascent decentralization space.\n\nEnigma's new podcast "Decentralize This!" features guests from all over the decentralization space: developers, investors, entrepreneurs, researchers, writers, artists, people in government and enterprise\u200a-\u200aall individuals who care deeply about building a more decentralized and sustainable world. How can all these people with different perspectives collaborate to create and scale the technologies we need to shape a better future?\n\n----\n\nRelevant links:\n\nAurora: https://auroradao.com/\nIDEX: https://idex.market\nPragmatic Decentralization: https://medium.com/aurora-dao/pragmatic-decentralization-how-idex-will-approach-industry-regulations-8b109212128a\nStaking: https://medium.com/aurora-dao/idex-launches-aura-staking-learn-how-to-earn-platform-trading-fees-or-increased-trading-rewards-2babf29244a8\n\nEnigma: www.enigma.co\n\u2028Enigma Blog: blog.enigma.co\u2028\nEnigma Twitter: www.twitter.com/enigmampc