Author [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] Topic: /r/bitcoin: Lets get behind the decentralized exchange solutions  (Read 331 times)

Offline Rune

  • Hero Member
  • *****
  • Posts: 1120
    • View Profile

http://www.reddit.com/r/Bitcoin/comments/2rhxxi/centralized_exchanges_are_spying_on_us_censoring/

We're still in the situation that almost nobody knows what bitshares is.

Offline CryptoPrometheus

  • Sr. Member
  • ****
  • Posts: 324
    • View Profile
Re: /r/bitcoin: Lets get behind the decentralized exchange solutions
« Reply #1 on: January 06, 2015, 12:40:06 PM »
Mind boggling. Nobody but Rune even mentions bitshares. Kind of reminds me of the early BTC years, when you pretty much couldn't find anybody that understood, let alone were patient enough to try and understand. Bitcoin required such a radically new way of seeing things, it took a few years for people to wrap their minds around it.

Bitshares seems to be in the same boat right now. Though this time, I think the realization might come a bit faster...now that we have marketing teams paid by the blockchain!
"Power and law are not synonymous. In fact, they are often in opposition and irreconcilable."
- Cicero

Offline svk

Re: /r/bitcoin: Lets get behind the decentralized exchange solutions
« Reply #2 on: January 06, 2015, 12:51:39 PM »
bitsquare.io actually looks very interesting, if they ever manage to make it work we should fork it and make it work with bitshares instead :)
Worker: dev.bitsharesblocks

Offline Rune

  • Hero Member
  • *****
  • Posts: 1120
    • View Profile
Re: /r/bitcoin: Lets get behind the decentralized exchange solutions
« Reply #3 on: January 06, 2015, 12:54:20 PM »
bitsquare.io actually looks very interesting, if they ever manage to make it work we should fork it and make it work with bitshares instead :)

Yep. It will work even better with market pegged assets because you won't have to worry about volatility and potential slippage as the fiat transfer is under way. It could even be implemented directly into the GUI client.

Offline bitmarley

  • Full Member
  • ***
  • Posts: 135
    • View Profile
Re: /r/bitcoin: Lets get behind the decentralized exchange solutions
« Reply #4 on: January 06, 2015, 01:36:24 PM »
All bitcoin exchanges should have multi-sig client accounts but they ought to require clients pre-sign margin calls and other administrative transactions. Then those held transactions are only broadcasted if the administrative event happens. In this way exchanges could not be hacked and if they were all hackers could do is broadcast the pre-signed administrative transactions which wouldn't benefit them. 

Bitshares owners could fund development of such solutions by voting for the right Top Delegates and perhaps voluntarily paying higher transaction fees. 

 

Google+