The dream:

An uncensorable DEX with more liquidity than Binance or any current CEX.

Getting there from here:

The only way Bitshares breaks into network effect is if it can tap the most powerful, unstoppable force the free market enables... and that is...

Arbitrage!

Building the arbitrage pipes:

Bitshares removes the counter party risk of CEX.

Bitshares if fast an performant.

Bitshares removes the censorship.

Bitshares can serve a market segment CEX cannot.

Why then aren't we seeing arbitrage loops from CEX to Bitshares form?

It's because the pipes aren't built.

How to break Bitshares into network effect, feed forward snowball...

....There must be a liquid, fast, trustless, uncensorable pipe between bitBTC <-> BTC, and the major cryptos with current network effect.

It must be cheap.

It must be fast.

Without that arbitrage is impossible.

Atomic swap technology has made these pipes possible.

An intermediary that batches bitBTC<->BTC atomic swaps could bring the cost down enough so that arbitrage is now possible.

The intermediary would be a trusted 3rd party.  But anyone could be the intermediary, making a small cut by maintaining a liquid bitBTC<->BTC pipe.  The free market would keep the intermediary fees low.

What is preventing these intermediaries from forming now?

Too much risk... that's what.

BTS doesn't have enough base level liquidity right now.

But... if liquidity could be bootstrapped, with every $1 added to volume the risk drops...

Getting there from here:

Bitshares has to capture the small fish... and bootstrap that volume.

How?

By making arbitrage as steamlined, and easy as possible, for the small fish to setup loops, and atomic swap bridges to the underlying asset.

Step #1:

Build atomic swap gateways from BTC<->bitBTC and all major cryptos right into the app.

Step #2:

Build arbitrage bots right into the app.

Anyone with a CEX account, should be able to plug CEX API keys into the app, and setup arbitrage loops for any/all assets they have on CEX.

This needs to be made stupid simple.  

It needs to be plug and play.

It needs to be so simple that it is a no brainer for anyone with a CEX account to make some exctra cash by simple setting up arbitrage loops with a few clicks of a mouse.

Bitshares was ahead of its time.

A few things needed to be developed first to make it viable.

With atomic swaps now becoming viable, Bitshares can now become the DEX it was meant to be.

Without liquidity DEX is worthless.  Another feature will not change that.  Don't waste anymore time and resources on anything that doesn't directly pump volume into the DEX.

ARBITRAGE is the solution to the liquidity problem.

Bitshares team... you can let this project die, and watch the world be enslaved by CEX, KYC, and gatekeepers... or you can give it a hope of resurrection by tapping the most powerful force in the free market... ARBITRAGE!

So long as we have central gatekeepers controlling the flows of wealth the world can never be free. 

The time is now.  Do it!

What are you finding are the current best passive return strategies?

I'm trying to import private keys from a 0.9.3c export to json file using:

Settings -> Restore/Import -> Restore from a backup or import keys -> Drop down (Import a BTS 0.9.3c key export file (.json).

When looking at the json file in a text editor it shows the accounts.  It shows the encrypted private keys, along with the public keys.

When I try to import get I the error "No accounts found":

What am I doing wrong?

I'm trying to import an old protoshares wallet.dat file into bitshares0.9.3c.

I've created an account.  Then when trying to import through file->import account, the import account option is greyed out.

I've tryed 0.9.1 & 0.9.0.  Both show the same problem.

What's going on?

What would the fix be?

Thanks

Where can I get the documentation for the CLI?

Specifically right now I need to know how import private keys, and approve multi-sig send proposals.

Thanks

Hi Folks,

I'm going through the documentation found here:

https://how.bitshares.works/

I'm having trouble finding how to do confidential/stealth/ transactions & blind sends.  The documentation mentions them, but does not show how to do them.

Reference:  This is what I'm referring to:
https://how.bitshares.works/en/master/user_guide/fund_account.html#confidential-transactions


https://how.bitshares.works/en/master/bts_holders/migrating_bitshares20.html#what-is-new-in-bitshares-2-0

• Explicit Privacy: The TITAN technology in BitShares 2.0 slowed down blockchain processing significantly.
Because of this and because TITAN did not really offer good privacy, we eliminated TITAN as a default transaction feature. Hence: Account transactions are public now as well. However, since we recognize the value
of financial privacy, we offer blinded transactions that hide the transferred amount, and stealth transactions that
hide the sender and receiver. A combination of both is also possible.

It's mentioned in the documentation as be implemented.  Yet I cannot find further documentation on how to use it.

Can someone tell me how it's done?

Thanks