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Main => General Discussion => Topic started by: deaddy on May 12, 2017, 11:36:00 pm

Title: Waves Platform differences and similarities?
Post by: deaddy on May 12, 2017, 11:36:00 pm
Hi everyone
I would like to know how much different is this project from Waves Platform?
Thank you
Title: Re: Waves Platform differences and similarities?
Post by: fav on May 13, 2017, 07:44:27 am
on a scale from 1 to 10 bitshares is 10 in terms of decentralization.

waves barely reaches a 3
Title: Re: Waves Platform differences and similarities?
Post by: sahkan on May 13, 2017, 07:55:46 am
Waves 1,000 tx/s  BitShares 100,000 tx/s

Looks like that CEO took 30K bitcoins, premined 15%, delivered a mediocre product and is living life now...
Title: Re: Waves Platform differences and similarities?
Post by: svk on May 13, 2017, 10:44:14 am
Waves marketing says it offers a decentralized exchange, but in reality it does not as the Waves blockchain does not have order matching on the blockchain but instead uses centralized servers to match orders.

Bitshares on the other hand offers fully decentralized order matching on the blockchain.
Title: Re: Waves Platform differences and similarities?
Post by: yvv on May 13, 2017, 01:33:58 pm
Quote from: svk on May 13, 2017, 10:44:14 am
Waves marketing says it offers a decentralized exchange, but in reality it does not as the Waves blockchain does not have order matching on the blockchain but instead uses centralized servers to match orders.


Do you need to trust waves to keep your funds like in centralized exchanges, or do you have control over your funds all the time? If the latter is true, their approach makes a lot of sense, since you don't need to trust them, and who cares how exactly the order book is kept.

Title: Re: Waves Platform differences and similarities?
Post by: lakerta06 on May 13, 2017, 09:34:03 pm
Quote from: yvv on May 13, 2017, 01:33:58 pm
who cares how exactly the order book is kept.

So let them front run ?
Title: Re: Waves Platform differences and similarities?
Post by: svk on May 14, 2017, 07:51:11 am
Like lakerta says it's not about how the order book is kept, it's about preventing front running and manipulation of order matching by centralized entities.
Title: Re: Waves Platform differences and similarities?
Post by: chryspano on May 14, 2017, 01:30:37 pm
They are advertizing it as a "DEX"

https://bitcointalk.org/index.php?topic=1338970.40
Title: Re: Waves Platform differences and similarities?
Post by: yvv on May 14, 2017, 01:50:57 pm
Regardless of technical implementation of their version of DEX, on my scale of trust these wave guys are somewhere very close to zero.
Title: Re: Waves Platform differences and similarities?
Post by: abit on May 16, 2017, 04:35:33 pm
Quote from: svk on May 13, 2017, 10:44:14 am
Waves marketing says it offers a decentralized exchange, but in reality it does not as the Waves blockchain does not have order matching on the blockchain but instead uses centralized servers to match orders.
LOL. Thanks for the info.