BitShares Forum

Main => General Discussion => Topic started by: pgbit on April 16, 2014, 09:14:18 am

Title: Decentralized exchange and other alts
Post by: pgbit on April 16, 2014, 09:14:18 am

I'd like Bitshares as a platform to be able to trade existing alt coins. Will this be implemented? For which coins? For some reason I thought that this is what Bitshares would do, but I am not so sure now if this is being considered. Thanks for any links / update on this.

Title: Re: Decentralized exchange and other alts
Post by: jwiz168 on April 16, 2014, 10:25:40 am

That is what bitshare X 's business and other banking transactions. It seems a lot of alt-coin are promoting its own exchange. Take for example pawncoin. Trading is very busy  with regards to this cryptocurrency. Investors are participating the April 24 launch of its exchange. Devs are pretty much on target with their projects (websites, Mobile and online wallets) Pawncoin will also be using Proof-of-burn concept for their 3rd gen cryptocoin to be use in an online Pawnshop. I wonder if I3 would develop or introduce a pawnshop DAC

Title: Re: Decentralized exchange and other alts
Post by: Stan on April 16, 2014, 12:43:45 pm

Quote from: pgbit on April 16, 2014, 09:14:18 am

I'd like Bitshares as a platform to be able to trade existing alt coins. Will this be implemented? For which coins? For some reason I thought that this is what Bitshares would do, but I am not so sure now if this is being considered. Thanks for any links / update on this.

We expect there will ultimately be as many BitShares exchanges as there are stock and commodity exchanges in the world today.  Probably more.  The specifics will be up to the market to decide.

Title: Re: Decentralized exchange and other alts
Post by: fuzzy on April 16, 2014, 12:56:58 pm

Mobile versions of this are Imperative...though I am certain Invictus is aware of this. 

Another question for me with regard to this is that NXT's exchange is apparently going charge 0% for trades...Curious if this is going to hurt bitShares...

Title: Re: Decentralized exchange and other alts
Post by: bytemaster on April 16, 2014, 06:05:54 pm

Quote from: fuznuts on April 16, 2014, 12:56:58 pm

Mobile versions of this are Imperative...though I am certain Invictus is aware of this. 

Another question for me with regard to this is that NXT's exchange is apparently going charge 0% for trades...Curious if this is going to hurt bitShares...

We charge 0% for trades... just a normal per-byte trx fee. 

Could some one point me to their market matching algorithm?

Title: Re: Decentralized exchange and other alts
Post by: unimercio on April 16, 2014, 06:25:23 pm

http://download.nxtcrypto.org/nxt-client-0.9.5e.zip (http://download.nxtcrypto.org/nxt-client-0.9.5e.zip)
Order.java

Title: Re: Decentralized exchange and other alts
Post by: fuzzy on April 17, 2014, 11:25:11 am

Quote from: bytemaster on April 16, 2014, 06:05:54 pm

Quote from: fuznuts on April 16, 2014, 12:56:58 pm

Mobile versions of this are Imperative...though I am certain Invictus is aware of this. 

Another question for me with regard to this is that NXT's exchange is apparently going charge 0% for trades...Curious if this is going to hurt bitShares...

We charge 0% for trades... just a normal per-byte trx fee. 

Could some one point me to their market matching algorithm?

As always, thanks for the lesson.