Orientation video for newbies

[Samupaha]

BitBTC is the derivative version of bitcoin (market pegged asset). TRADE.BTC and OPENBTC are user issued assets, meaning that they are IOU's that are backed with real bitcoins.

The reason why Bitshares is capable only 3 sec blocks right now is that network protocol still needs some polishing. And also witnesses need faster internet connections. Until that faster blocktimes wouldn't be really that useful. So this doesn't have anything to do with problems of high frequency trading as you imply on the video.

[wmbutler]

Yeah, I updated the blog post to acknowledge and note that error. Thanks!

[Thom]

I'm at 3:30 into it so far. You made one mistake when you mentioned 100 transactions per second. The advertised thoughput is 100K TPS, tho we're nowhere close to that atm. I think I heard BM say we have hit 1K TPS in occasional bursts. Internal testing without Internet / networking delays have exceeded 100K TPS but not in real work conditions.

Those facts aren't terribly important to the point of your video tho.

Nice effort, helpful.

[wmbutler]

Ah, I see the repeated track. I'll fix that and repost.

[jakub]

And you keep repeating the same fragment after 4:50.

[jakub]

 +5%
Looks nice.

But I cannot to go full screen on your website. I had to move to YouTube to achieve that.

[wmbutler]

Vote for delegate billbutler if you like it. I'm hoping to release a small series of how to videos to help people get (re)aquainted with the Bitshares 2.0 ecosystem.

http://www.musiccitybitcoins.com/post/132482067911/bitshares-20-orientation