The Bitshares is in pipeline, and it is so full of ups and downs recently.
I can understand DACs like DNS, MUSIC and other application, even we can make a new anonymous Whatsapp, like NXT did with NXTyy.
But what confuse me is what we are doing with decentralized Exchange! Will it be a Exchange as COMFORTABLE/FAST as centralized one, say, Btc-e.
It will be that easy to move between BitUSD and BitBTC... but getting money into and out of the exchange will be a little bit more difficult. Probably involving wire transfers and escrow or the use of a centralized exchange. It will be much better than Local Bitcoins because it wouldn't have to matcha bid/ask/location and instead only has to match location. If over the internet it only has to match USD / BitUSD which will be much smaller spread so you could probably find someone looking to deposit / withdraw a similar amount to you.
also trading as fast as centralized one, BTC-e? same biding and asking spreads? Trading on xcp (btc blockchain) is frustrating. It takes ages to fill a order.
what will our exchange be like?