Author Topic: Bitreserve: NON-Autonomous BitAsset provider  (Read 1140 times)

0 Members and 1 Guest are viewing this topic.

Offline luckybit

  • Hero Member
  • *****
  • Posts: 2921
    • View Profile
  • BitShares: Luckybit
Interesting article at WSJ about a new project called bitreserve which aims to provide something very similar to what Bitshares does with BitAssets (price stability), only these are off-chain "BitAssets" and therefore not without counter-party risk.

http://blogs.wsj.com/moneybeat/2014/10/22/cnet-founder-readies-bitreserve-launch-in-bid-to-quell-bitcoin-volatility/

A greedy MtGox clone. Also it's by the founder of CNET so it's not making new people rich either but it's the establishment solution.

Bitshares X should position itself as the anti-establishment solution.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Method-X

  • Hero Member
  • *****
  • Posts: 1131
  • VIRAL
    • View Profile
    • Learn to code
  • BitShares: methodx
Same as Coinapult Locks and Hedgy. In my opinion, Hedgy looks way more interesting. I don't really see any of these as being too much of a threat.

Offline bitcoinerS

  • Hero Member
  • *****
  • Posts: 592
    • View Profile
Interesting article at WSJ about a new project called bitreserve which aims to provide something very similar to what Bitshares does with BitAssets (price stability), only these are off-chain "BitAssets" and therefore not without counter-party risk.

http://blogs.wsj.com/moneybeat/2014/10/22/cnet-founder-readies-bitreserve-launch-in-bid-to-quell-bitcoin-volatility/
>>> approve bitcoiners