Author Topic: Raising trustless funds  (Read 1492 times)

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Offline t3476

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After reading, It looks I have only one choice, Combining codius and bitshares. But that would cause hassles for me.
A suggestion: making bitshares friendly to fund managers  can improve liquidity because most traders without backgrouds run out of their money and stop trading on bitshares.

Offline fuzzy

Welcome to the community t3476,

I worked as quant for years and I found bitshares interesting.
Excuse my ignorance, but what is a "qant"?
Quote
How far is it from raising trustless funds on bitshares network? What I mean trustless is let bitshares network decides whether deposits or withdrawls is legal and verifies my track record, I decides only how to trade.

You might want to familiarize yourself with market pegged assets and user-issued assets.
https://bitshares.org/technology/price-stable-cryptocurrencies/
https://bitshares.org/technology/user-issued-asset/

The first can achieve a "stable" price, while the seconds allows to move back into the "legal" framework by means of IOUs (issued by gateways that have to perform KYC/AML...)
User issued assets can have so called whitelists such that only those costumers that comply can hold/trade that particular IOU/token ..

I think by quat it was short for quadrant.

Good respond above.. should look into those things.. in terms of time frame however you are looking at sometime after 2.0 is launched, so at present estimates we are looking at a few months out. Assuming I am understanding your inquiry correctly.

Quants are the guys who work on algorithmic trading for things like HFT...But that us not at all everything they do.  A Quant generally has a high propensity for solving difficult mathematics in their heads with great speed and accuracy.

*edit* looks like stan covered it best with a simple link to Wikipedia :P
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Offline Stan

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Welcome to the community t3476,

I worked as quant for years and I found bitshares interesting.
Excuse my ignorance, but what is a "qant"?

https://en.wikipedia.org/wiki/Quantitative_analyst
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline t3476

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Welcome to the community t3476,

I worked as quant for years and I found bitshares interesting.
Excuse my ignorance, but what is a "qant"?
It's a short name for the people who trade with Quantitative Finance.
For more details: http://arxiv.org/archive/q-fin
Quote
Quote
How far is it from raising trustless funds on bitshares network? What I mean trustless is let bitshares network decides whether deposits or withdrawls is legal and verifies my track record, I decides only how to trade.

You might want to familiarize yourself with market pegged assets and user-issued assets.
https://bitshares.org/technology/price-stable-cryptocurrencies/
https://bitshares.org/technology/user-issued-asset/

The first can achieve a "stable" price, while the seconds allows to move back into the "legal" framework by means of IOUs (issued by gateways that have to perform KYC/AML...)
User issued assets can have so called whitelists such that only those costumers that comply can hold/trade that particular IOU/token ..
Thanks for informations. I'm not sure whether User-issued Assets is what I expected. In contrast to KYC and Asset Seizing, I want to start a unseizable, anonymous and trustless funds which they can withdrawl and leave at any time without worrying that I or courts will seize the funds. but they still have to trust my trading skills which can be observed by track records, which I hope it can be verified in bitshares network. It's obvious that Price-Stable Cryptocurrencies isn't my choice.
« Last Edit: August 07, 2015, 01:50:56 pm by t3476 »

Offline BunkerChainLabs-DataSecurityNode

Welcome to the community t3476,

I worked as quant for years and I found bitshares interesting.
Excuse my ignorance, but what is a "qant"?
Quote
How far is it from raising trustless funds on bitshares network? What I mean trustless is let bitshares network decides whether deposits or withdrawls is legal and verifies my track record, I decides only how to trade.

You might want to familiarize yourself with market pegged assets and user-issued assets.
https://bitshares.org/technology/price-stable-cryptocurrencies/
https://bitshares.org/technology/user-issued-asset/

The first can achieve a "stable" price, while the seconds allows to move back into the "legal" framework by means of IOUs (issued by gateways that have to perform KYC/AML...)
User issued assets can have so called whitelists such that only those costumers that comply can hold/trade that particular IOU/token ..

I think by quat it was short for quadrant.

Good respond above.. should look into those things.. in terms of time frame however you are looking at sometime after 2.0 is launched, so at present estimates we are looking at a few months out. Assuming I am understanding your inquiry correctly.
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Offline xeroc

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Welcome to the community t3476,

I worked as quant for years and I found bitshares interesting.
Excuse my ignorance, but what is a "qant"?
Quote
How far is it from raising trustless funds on bitshares network? What I mean trustless is let bitshares network decides whether deposits or withdrawls is legal and verifies my track record, I decides only how to trade.

You might want to familiarize yourself with market pegged assets and user-issued assets.
https://bitshares.org/technology/price-stable-cryptocurrencies/
https://bitshares.org/technology/user-issued-asset/

The first can achieve a "stable" price, while the seconds allows to move back into the "legal" framework by means of IOUs (issued by gateways that have to perform KYC/AML...)
User issued assets can have so called whitelists such that only those costumers that comply can hold/trade that particular IOU/token ..

Offline t3476

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I worked as quant for years and I found bitshares interesting.
How far is it from raising trustless funds on bitshares network? What I mean trustless is let bitshares network decides whether deposits or withdrawls is legal and verifies my track record, I decides only how to trade.