yeah, rate limited transactions is basically ready now, and they are going to be testing this with the stealth feature over the next couple weeks.
The interesting part comes after we get these bugs worked out, incentivize liquidity of one market at a time because it is within our power to create sidechains for ETH and BTC meaning htat we could get a piece of Poloniex's BTC/ETH liquidity action because we do not require KYC baby!
Not to mention all the other cool side effects like making our feeds more robust with Augur feeds.
But the reality is that maybe we are too far ahead, and should go for bond market after we incentivize and bring in liquidity. You know, wait until the Ethereum chain is more mature, and sidechaining tech too.
Either way, these weekly mumbles are addicting!
Plus people can change for "fiat" (smartcoins) with no limit. Most exchanges have limits on those. The only bottleneck on that is they can't withdraw funds without limit, but at least they can trade. At kraken each time you trade for fiat it counts towards your limit.
Well, will Augur be ready by then? Will we manage to use it for feeds? Like you said, we might be ahead, but that's okay.
As for bond markets, I agree we should tackle them next, after the sidechains, however we will not have the depth we need. If we do it too early, just for the sake of getting it ready for when it's usable, will the community be ready to pay upfront? Because we will be paying for something that will somehow have its usage restricted right?
Still. Didn't expect for the Rate Limited Fees (Zero Fees for advertising) would be ready so fast. For the first time ever, I think something was overdelivered. This is a feat!
Also if we have Subsidized Liquidity / Delegated Liquidity or whatever cool name we can find, that should also be done before bond markets so...
For the first time in a while I feel more confident. Let's see how it plays out. Basically with this fork we will have the fastest decentralized exchange, the cheapest decentralized exchange, that allows you to make confidential transactions and is - I assume - the first decentralized exchange able to compete with centralized exchanges (once we implement the subsidized liquidity). That itself is a great feat. For the first time we can go toe to toe against centralized exchanges. It's cool to be aware of that.
My bad, I'm missing something we also need and haven't accomplished yet. A trollbox. We have almost every single thing we can have. Except a trollbox. A simple trollbox. Please.
Topic: BitShares Dev Hangout - February 19, 2016 (Read 2011 times)
