After almost 2 months of Graphene we have had a more stable network with higher participation than we ever had under BTS 0.x. 

Any witnesses having any problems with your nodes?   It seems like things just run smoothly!

Good work sir. Excuse the "debbie downers" and keep doing your thing. I love BTS 2.0.. its so fast, convenient, and sexy. The price, adoption, and volume will correct itself in time, we as a community just need to be patient.

Cheers

The debate is that Western referrers are building business models around the new BTS transfer fee of circa $0.15 - $0.2. In their professional opinion it's unlikely the referral programme will be effective at a much lower amount.

However some (like myself) believe $0.2 is too high for a user to user transfer fee compared against crypto & centralized competitors.
It's particularly a problem in our largest market China,  also disrupts some existing business models that need a more competitive fee and new ones like the tipping bot.

I think this is the latest thread covering the subject. The committee put forward an attempted compromise but which wasn't much of an improvement for either side. https://bitsharestalk.org/index.php/topic,20073.0.html

Thanks for filling me in. I should probably read the forums more often.

That is certainly an issue, but it seems to me that some sort of compromise could be struck to keep both sides happy.

I agree with Bytemaster that this is a much needed upgrade. Bitshares needs to stay on the cutting edge of cryptocurrency technology to succeed in the coming years. Financial privacy will become a standard feature of next generation cryptocurrencies vying for the top spot in the cryptocurrency wars, and it will serve Bitshares well to upgrade now rather than later. Bytemaster is correct in positing that strong financial privacy will help win over the die-hard cryptocurrency fanatics. Financial privacy, and in turn fungibility, are some of the biggest topics in the cryptocurrency community as of late and for good reason.

I know everyone wants more market and transaction volume sooner rather than later, but that is something that will have to grow organically. The non-developer part of the community is best served for that job, and thanks to the referral system businesses are getting staged for an all-out marketing blitz that will speed up adoption more than any development work could ever do. Let the stakeholders, community and businesses that stand to profit from adoption do the legwork as far as that's concerned, and let the programming wizards keep upgrading Bitshares so it can stay ahead of the competition in this very competitive market.

  from me on this proposal

I still feel like you don't understand what I am saying. This has nothing to do with privacy for gateways, bridges, or Bitshares.

I am proposing Bitshares offer a mixing service for Bitcoin (and possibly other larger alt coins.) This will increase liquidity of Bitshares, and generate transaction/trading fees which will in turn make the DAC more profitable by the destruction of those additional fees. I am suggesting this feature be built alongside Gateways and Bridges, but in its own section titled "Mixers," and third parties can offer their mixing services built into the Bitshares wallet.

1.0 Titan is very different compared with 2.0 true stealth transactions.  Only available through the CLI for now: https://github.com/cryptonomex/graphene/wiki/StealthTransfers

I realize that, see the quote I edited in.

Additionally, although it would be possible, the main intent of the mixing service is not to make BTS transactions more anonymous. It is to make money off of the transaction fees by providing this services for other blockchains.

Why not add coin mixing services inside the wallet along with the gateways and bridges? Everyone benefits from the added fees. The mixers could even be set up to provide added liquidity on the smartasset markets.

Edit: I shamelessly stole this idea from Nxt.. they are integrating coin mixing services in their wallet.

We can make our own Ponzi scheme like the federal reserve. 

Oh wait.. someone beat us to it.
nubits.com


On a serious note... that is probably the main thing that is really holding Bitshares back at this point (the volume of the exchange.) Obviously, volume will increase with more users, but is there a way to speed up that process??

Some ideas:

- 0% trading fees, instead the network makes $$$ on transfers and such? Even if it was just for a set time period for the market to gain some traction... it would be a nice selling point.
- Buy some advertising on gold/silver forums or web sites, and get the bullion SmartAssets rolling.. there will be some over lap there too on the other markets. Maybe do the same with the NASDAQ etc SmartAssets, but advertise on trading and market web sites. Growing these currently no-volume markets can only lead to better things for the entire market.
- On that note, 0% trading fees on low volume markets would be a good way to grow less popular markets if you didn't want to implement it on the more popular ones.
- Increase the interest paid to SmartAsset owners.
- Focus advertising efforts outside the cryptocurrency community.
- Offer incentives for trading. Every active trader gets x% of market and transaction fees for the whole network up to x amount of BTS per x amount of blocks. That probably isn't the best idea, but you get the picture... the formula/reward system could be tweaked.
- Add a referral bonus for users who refer people that trade in the decentralized market, so that users try to recruit people that would use the exchange more (traders/bullion collectors/stock investors etc)


I'm sure if we put our heads together we can come up with something that would help kick start the decentralized exchange...