BitShares Forum
Main => General Discussion => Topic started by: CoinHoarder on December 20, 2015, 06:08:14 pm
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That clearly state you are using a centralized service and there is risk involved. Don't get me wrong.. I love the services there. I have only used Metaexchange's bridge (a few times... super convenient), but I see the value in the other Gateways as well if the exchange truly takes off and has decent liquidity. They are awesome features that no other cryptocurrency has built in to their wallet, but the way it is presented does not properly convey the risks of using such features.
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+5%
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+5%
Thanks.. I was beginning to lose faith in this community. :-X
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+5%
Thanks.. I was beginning to lose faith in this community. :-X
A good point to provide 'warning/disclaimer'. But why are you losing faith? The software is still new and it needs time to iron out the glitches.
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+5%
Thanks.. I was beginning to lose faith in this community. :-X
A good point to provide 'warning/disclaimer'. But why are you losing faith? The software is still new and it needs time to iron out the glitches.
I thought no one agreed with the OP since no one replied.. no other reason and I was kind of joking.
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+5%
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+1
The wallet can use some more descriptive text at quite a few spots ..
The help content could also be improved ..
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bump.
Yet another 100% centralized feature has been added to the Deposit/Withdraw page with no mention of the risks of using such services in our client. The first service to go bankrupt and lose user funds is going to be a big black eye on Bitshares if we as stakeholders don't decide to put an obvious disclaimer in there that they are exiting the safety net of a decentralized and autonomous cryptocurrency.
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bump.
Yet another 100% centralized feature has been added to the Deposit/Withdraw page with no mention of the risks of using such services in our client. The first service to go bankrupt and lose user funds is going to be a big black eye on Bitshares if we as stakeholders don't decide to put an obvious disclaimer in there that they are exiting the safety net of a decentralized and autonomous cryptocurrency.
i agree! with the new FIAT gateway i thought the same. we should add some Disclaimer for every service there available.
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bump.
Yet another 100% centralized feature has been added to the Deposit/Withdraw page with no mention of the risks of using such services in our client. The first service to go bankrupt and lose user funds is going to be a big black eye on Bitshares if we as stakeholders don't decide to put an obvious disclaimer in there that they are exiting the safety net of a decentralized and autonomous cryptocurrency.
I'm all for transparency. But it's pretty weird to characterize it as "exiting the safety net of a decentralized and autonomous cryptocurrency". For starters, the first time someone uses this gateway, they would be ENTERING the safety net you refer to. And when they decide to withdraw, they are explicitly withdrawing funds back to their bank account, i.e. they already KNOW they are EXITING the safety net, as you put it. And lastly, the risk of a centralized organization touching your funds while using this service is momentary. Of course that risk, however brief/minimal, does exist and should be understood by users. Let's just not mischaracterize or blow things out of proportion, shall we?
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Some services on the deposit/withdrawal page are subject to permanent centralized risk. The reserves that back the said asset can be compromised or stolen. Such as OPEN.BTC, META.BTC, etc...
All services are subject to at least momentary third party risks.
Either way there should be a disclaimer on the withdrawal/deposit page and when someone pulls up the exchange interface when a centralized asset is at least one of the two assets in the trading pair.
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Some services on the deposit/withdrawal page are subject to permanent centralized risk. The reserves that back the said asset can be compromised or stolen. Such as OPEN.BTC, META.BTC, etc...
All services are subject to at least momentary third party risks.
Either way there should be a disclaimer on the withdrawal/deposit page and when someone pulls up the exchange interface when a centralized asset is at least one of the two assets in the trading pair.
+5% +5%
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Either way there should be a disclaimer on the withdrawal/deposit page and when someone pulls up the exchange interface when a centralized asset is at least one of the two assets in the trading pair.
This
As far as I know that is a refactoring of the withdraw/deposit page in the planning currently ...
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Either way there should be a disclaimer on the withdrawal/deposit page and when someone pulls up the exchange interface when a centralized asset is at least one of the two assets in the trading pair.
Agreed. +5%