BitShares Forum
Main => Technical Support => Topic started by: bitsharesaddict on June 18, 2015, 02:06:27 pm
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how does bitshares decentralized marketplace work?
is the information stored on the blockchain?
if someone clones the coin would they just create another marketplace?
i really think bitshares is the way forward and above btc
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Welcome! I'm not as tech savvy as a lot of the commenters in this forum, so i'll leave the tech question for them...
Just curious what brought you to BTS and why you think it's superior to BTC?
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There is also a nice threat here https://bitsharestalk.org/index.php/topic,14528.msg217971.html#new incl. poll :)
The marketplace is decentralized for at least two reasons:
1) (like for example in counterparty) the tx processing / order matching is done on a blockchain.
2) it is possible to have markets in bitassets (for ex.: bitUSD / bitBTC) -> no counterparty risk
No sure what "information" you mean but assets, buy orders, sell orders are all stored on the blockchain.
if someone clones the coin would they just create another marketplace?
yes
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when i mean a marketplace i mean something like ebay
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when i mean a marketplace i mean something like ebay
we currently don't have a decentralized marketplace like ebay.