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Good points on things learned.. UI is only a framework and rightly so.. the refer program is to bring in competition.. now the stage has been set.. cue the heros to appear with various wallet solutions, and more on/off ramps. For now we just need to break in this amazing network.
Exchanges and volume. We have to reach out to the exchanges in a professional and coordinated way.
But first we need to have a GUI that looks and feels like an exchange and not a BTS wallet with a mediocre exchange page attached to it.
So I guess I'd agree with Ander: we waited for 2.0 for so long and now we need to wait again, this time for 2.1 which will offer a proper GUI.
Ideally available in two incarnations: (1) a BTS wallet with an integrated exchange and (2) an exchange with an integrated BTS wallet.
Your concerns have merit. It goes both ways. Either you cut costs or you bring something new to the table. WIth Bitshares we can charge more right now because you offer greater financial services (dex exchange, hedging, hopefully bond markets). The differences in fees have to be competitive. A consumer is willing to pay more in fees because they gather more services from bitshares. I don't think they will go to lesser transaction altcoins unless they offer the same quality in services. This is the hypothesis at least.
So the referral is not the flagship feature, but a additive one that brings more value when bitshares already has value to offer to begin with. Simply put, referral system cannot work alone as a stand alone feature, but needs the other value additive features of bitshares to bring out the best of the two.
The UI is not ready yet, that's the main reason I guess.
But we will get there, it just a matter of time and having the resources to do it.
The most important thing is that we have now a very solid technological foundation for the GUI (web sockets + react.js), so it shouldn't take much time to make it similar to Poloniex or Yunbi.
Even if Cryptonomex doesn't do it, some other third-party company will take this opportunity having the financial incentive in the form of the referral program. 80% of the job has been done, this is the last 20% missing.
Good points on things learned.. UI is only a framework and rightly so.. the refer program is to bring in competition.. now the stage has been set.. cue the heros to appear with various wallet solutions, and more on/off ramps. For now we just need to break in this amazing network.
If you want quicker adoption by exchanges, please consider adding authenticated HTTP access to your API
I think the angle here is . "Be you own payment processor empire." Tagline.... And put visa and mastercard out of business
