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: a newbie questions on bitshares be gentle if dumb  (Read 141 times)

Offline bitsharesaddict

  • Newbie
  • *
  • Posts: 3
    • View Profile
a newbie questions on bitshares be gentle if dumb
« on: June 18, 2015, 02:06:27 PM »

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

Offline cylonmaker2053

  • Hero Member
  • *****
  • Posts: 999
  • Saving the world one block at a time
    • View Profile
  • BTS: cylonmaker2053
Re: a newbie questions on bitshares be gentle if dumb
« Reply #1 on: June 18, 2015, 02:11:15 PM »
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?

Offline santaclause102

  • Hero Member
  • *****
  • Posts: 2466
    • View Profile
Re: a newbie questions on bitshares be gentle if dumb
« Reply #2 on: June 18, 2015, 02:24:57 PM »
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.

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

Offline bitsharesaddict

  • Newbie
  • *
  • Posts: 3
    • View Profile
Re: a newbie questions on bitshares be gentle if dumb
« Reply #3 on: June 18, 2015, 02:34:50 PM »
when i mean a marketplace i mean something like ebay


 

Google+