BitSharesTV #5 2015: The year of the decentralized bitcoin exchange

Started by bitmarket, January 05, 2015, 09:15:18 AM

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santaclause102

What really is the advantage of a decentralized exchange compared to say Bitstamp (in the light of the recent Bitstamp hack)? Gateways would also have to store BTC. And also have a hot wallet?

pseudoscops

Well done Max and Dan. This video is an excellent example of how get the interest of Bitcoin diehards.

A positive attitude towards Bitcoin that shows how it can live in harmony alongside  and within the BitShares ecosystem. Over time one would expect that Bitcoiners will see the advantages of moving some holdings in to raw BTS or other BitAssets.

It's a good day to retweet and mention this URL in comments in light of the problems BitStamp are having today. I've already posted a link to the video on a Hacker News thread discussing the BitStamp freeze.

MrJeans

Quote from: bitmarket on January 05, 2015, 09:15:18 AM
I think we should really push this theme in 2015

https://www.youtube.com/playlist?list=PLjgfpSQFJTLqbgHm8mkgPdD-ma7t0bRhK

Hopefully Toast got my message and will post this to redit tomorrow morning.

I did not receive an email notifying me of this new video as I have received for the previous videos.

svk

Quote from: bitmarket on January 05, 2015, 09:15:18 AM
I think we should really push this theme in 2015

https://www.youtube.com/playlist?list=PLjgfpSQFJTLqbgHm8mkgPdD-ma7t0bRhK

Hopefully Toast got my message and will post this to redit tomorrow morning.

Very interesting episode, thanks!

This really made me realize the potential of Bitshares as a decentralized exchange with the help of gateways. Can we get Bitfinex or someone else to make a gateway already please?? :)
Worker: dev.bitsharesblocks

Empirical1.1

Quote from: BldSwtTrs on January 05, 2015, 09:53:22 AM
Quote from: bitmarket on January 05, 2015, 09:15:18 AM
I think we should really push this theme in 2015
Especially with this same shit happening again and again:

http://www.bitstamp.net/
QuoteBitstamp Service Temporarily Suspended

We have reason to believe that one of Bitstamp's operational wallets was compromised on January 4th, 2015.

As a security precaution against compromises Bitstamp only maintains a small fraction of customer bitcoins in online systems. Bitstamp maintains more than enough offline reserves to cover the compromised bitcoins.

IN THE MEANTIME, PLEASE DO NOT MAKE DEPOSITS TO PREVIOUSLY ISSUED BITCOIN DEPOSIT ADDRESSES. THEY CANNOT BE HONORED!

Customer deposits made prior to January 5th, 2015 9:00 UTC are fully covered by Bitstamp's reserves. Deposits made to newly issued addresses provided after January 5th, 2015 9:00 UTC can be honored.

Bitstamp takes our security and soundness very seriously. In an excess of caution, we are suspending service as we continue to investigate. We will return to service and amend our security measures as appropriate.

Bitstamp Team

+5%


BldSwtTrs

Quote from: bitmarket on January 05, 2015, 09:15:18 AM
I think we should really push this theme in 2015
Especially with this same shit happening again and again:

http://www.bitstamp.net/
QuoteBitstamp Service Temporarily Suspended

We have reason to believe that one of Bitstamp's operational wallets was compromised on January 4th, 2015.

As a security precaution against compromises Bitstamp only maintains a small fraction of customer bitcoins in online systems. Bitstamp maintains more than enough offline reserves to cover the compromised bitcoins.

IN THE MEANTIME, PLEASE DO NOT MAKE DEPOSITS TO PREVIOUSLY ISSUED BITCOIN DEPOSIT ADDRESSES. THEY CANNOT BE HONORED!

Customer deposits made prior to January 5th, 2015 9:00 UTC are fully covered by Bitstamp's reserves. Deposits made to newly issued addresses provided after January 5th, 2015 9:00 UTC can be honored.

Bitstamp takes our security and soundness very seriously. In an excess of caution, we are suspending service as we continue to investigate. We will return to service and amend our security measures as appropriate.

Bitstamp Team

bitmarket

I think we should really push this theme in 2015
https://www.youtube.com/watch?v=TtCVRIwcBYU&index=1&list=PLjgfpSQFJTLqbgHm8mkgPdD-ma7t0bRhK

Hopefully Toast got my message and will post this to redit tomorrow morning.
Host of [url="//bitshares.tv"]BitShares.TV[/url] and Author of BitShares 101