a newbie questions on bitshares be gentle if dumb

Started by bitsharesaddict, June 18, 2015, 02:06:27 PM

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Quote from: bitsharesaddict on June 18, 2015, 02:34:50 PM
when i mean a marketplace i mean something like ebay

we currently don't have a decentralized marketplace like ebay.
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bitsharesaddict

when i mean a marketplace i mean something like ebay

santaclause102

There is also a nice threat here https://bitsharestalk.org/index.php/topic,14528.msg217971.html#new incl. poll :)

The marketplace is decentralized for at least two reasons:
1) (like for example in counterparty) the tx processing / order matching is done on a blockchain.
2) it is possible to have markets in bitassets (for ex.: bitUSD / bitBTC) -> no counterparty risk

No sure what "information" you mean but assets, buy orders, sell orders are all stored on the blockchain.

Quoteif someone clones the coin would they just create another marketplace?
yes

cylonmaker2053

Welcome! I'm not as tech savvy as a lot of the commenters in this forum, so i'll leave the tech question for them...

Just curious what brought you to BTS and why you think it's superior to BTC?

bitsharesaddict

how does bitshares decentralized marketplace work?
is the information stored on the blockchain?
if someone clones the coin would they just create another marketplace?

i really think bitshares is the way forward and above btc