BitsharesX  BTSX/BTC markets are now live at Poloniex. 

https://www.poloniex.com/exchange/btc_btsx.

Quote from: Empirical1 on August 15, 2014, 06:09:35 pm

    That sounds great! Thanks for letting us know!

I guess Vitalik must be happy for us to share that info? - That Vitalik/Ethereum is strongly considering DPOS?

Vitalik and I are not very "political" and mostly care about the best technology for the job.   I am merely expressing my perspective on the conversation and will let him speak for himself.   

Quote from: xeroc on August 15, 2014, 08:03:23 am

Quote from: liondani on August 15, 2014, 07:48:22 am

do you mean Vitalik Buterin?

good catch .. i read Vikram ..

so?

You heard me.  The v man himself.


Sent from my iPhone using Tapatalk

Quote from: Riverhead on August 15, 2014, 01:40:50 pm

Quote from: kokojie on August 15, 2014, 01:35:11 pm

This is good news, may trigger a NxT sell off, and BTSX will take the #1 market cap spot for p2p asset market.

Though I wonder what is our policy if something like this happens? ie. if 1 billion BTSX stolen from bter, do we rollback or not rollback?

NO ROLLBACKS!


1) Even in this instance the flaw was not with NXT
2) From the of theft to the time of rollback there will be thousands of transactions that'll either have to be applied to the fork or lost.


It would be a nightmare.

But that would be a small price to pay? in order to not let a hacker control 25% of BTSX. The thousands of reversed transactions can be sorted out afterwards, and fully compensated by the exchange. This would be the "moral" choice I believe.

A new Hong Kong-based exchange is offering its customers unprecedented transparency mechanisms, including automatic proof-of-reserves tests, in a bid to shake up the cryptocurrency exchange sector.

Quote from: luckybit on August 14, 2014, 08:18:50 pm

Quote from: meda on August 14, 2014, 07:54:49 pm

Quote from: Pocket Sand on August 14, 2014, 06:48:20 pm

Quote

BTSX description from detractor, NXT/Bitcoin supporters etc.

Unlike other digital currencies or DAC's that have either no inflation like NXT or defined limited inflation like Bitcoin. BTSX has the ability to print new money when required just like the Federal Reserve & the other central banks we all know and love! But unlike central banks which only create a little bit of inflation, BTSX can create a lot all at once! So in a 50% flash crash for example, where you've already lost 50% of the value of your BTSX, we could devalue you by up to a further 25%! Won't that be a fun few hours to remember! But don't worry about the smart money & professional traders because a minority can hedge themselves and the rest will just sell very early on in a crash leaving the regular guys like you holding the bag when there's a problem. It's just like a real economy! Welcome to BTSX - The future of money!

I could see this being posted against nearly every positive sentiment for Bitshares on other forums, very bad for PR reasons along with the ideology.

On second thought BitUSD must be stable to be widely used for payment by customers, shops etc. Today payment in BTC is exchanged into USD by shops. BitUSD could be cheaper, hopefully and probably many user will not care about BTSX if  1their BitUSD = always 1USD.

Forex is a bigger market. Focus on replacing Forex.

Forex is for sure lucrative market. Forex traders count every pip in EUR/USD on some platforms even 1/2 pip.
If I am not badly wrong, the stability of BitUSD/USD is a key factor.

If issuance starts to get too high (diluting the shareholders beyond 2B XTS) then that means delegates need to burn more and charge higher transaction fees to cover the risk.  The system can still earn a profit, the shareholders just have to choose to "save in advance" or "dilute as necessary".