I'm new to BitsharesX, but have a really good understanding of other 2.0
projects like Ripple, Nxt, Counterparty, etc. I have a few questions about
Welcome on board .. enjoy the ride
1) What is the transaction speed?
block time is 10 secs ... confirmation time is also 10 secs. No real need to wait for more blocks to 'confirm'.
Need to search the post of the devs about that .. Bytemaster had an easy description for thatTo be more precise, transaction takes 5 secs on average to be confirmed as blocks are created EXACTLY every 10 sec.
2) How many BitAssets will a single blockchain be expected to support?
there are user assets and bit assets on the chain ... currently you can have
about 24 bitassets on the chain and alot more user assets. The bit assets are
marketpeg to something physical while the user assets are for IPOs and similar
3) Who decides which BitAssets are issued on which blockchain?
The create and maintainer of the blockchain .. want to be one? you can start
your own .. software is open source. that is also a competitive market.
4) Will all BitAssets be collateralized by BTSX? If so, what is the mechanism that keeps the price tracking the underlying asset?
Go to wiki.bitshares.org and search for "market peg" .. its on the front page.
A good (and simple) FAQ would be very helpful as a lot of the existing
documentation is quite dense to read. If you want noobs to jump on board, make
it easy for them.
May I kindly direct you again towards the wiki.bitshares.org .. there are FAQs
for the software and for BitSharesX in general
If you have any more more specific questions just post them.