Author Topic: ANNOUNCEMENT 12 - Open Ledger Debuts Today - * Forbes Article *  (Read 8126 times)

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Offline Stan

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Re: ANNOUNCEMENT 12 - Open Ledger Debuts Today - * Forbes Article *
« Reply #15 on: September 16, 2015, 02:43:38 pm »
And a longer article just came out here at bitscan:

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Offline CLains

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Offline Stan

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Re: ANNOUNCEMENT 12 - Open Ledger Debuts Today - * Forbes Article *
« Reply #17 on: September 16, 2015, 02:53:17 pm »
very good news!

but is it OpenLedger, Openledger or Open Ledger? there are some typos on the website regarding the name I guess.

Yes, it's OpenLedger.  Half the screw ups were mine.
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Offline GChicken

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Re: ANNOUNCEMENT 12 - Open Ledger Debuts Today - * Forbes Article *
« Reply #18 on: September 16, 2015, 03:17:26 pm »
Quote
Unlike most exchanges, you control your own private keys, so funds remain yours even when you’re trading with them. No one can reverse a transaction or freeze your account. Similarly, the exchange’s funds are all on the blockchain, totally transparently - so they can be audited by anyone, any time.

whats the world coming too :)

Offline donkeypong

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Re: ANNOUNCEMENT 12 - Open Ledger Debuts Today - * Forbes Article *
« Reply #19 on: September 16, 2015, 03:27:05 pm »
Amazingly cool. I'm struggling to keep up with all the innovations around here!



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Re: ANNOUNCEMENT 12 - Open Ledger Debuts Today - * Forbes Article *
« Reply #20 on: September 16, 2015, 03:37:58 pm »
I knew it would be a walk in the park for him, woopwoop!

Offline xeroc

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Re: ANNOUNCEMENT 12 - Open Ledger Debuts Today - * Forbes Article *
« Reply #21 on: September 16, 2015, 03:57:14 pm »
+1
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline Rune

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Re: ANNOUNCEMENT 12 - Open Ledger Debuts Today - * Forbes Article *
« Reply #22 on: September 16, 2015, 03:58:51 pm »
Grats. If CCEDK has a european E-Money license then this is pretty awesome as it means compliant fiat gateway tokens.

Offline Stan

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Re: ANNOUNCEMENT 12 - Open Ledger Debuts Today - * Forbes Article *
« Reply #23 on: September 16, 2015, 03:59:36 pm »
Amazingly cool. I'm struggling to keep up with all the innovations around here!


You should see the ones waiting back in the CNX lab
in a concrete lockbox so BM can't spend time on them yet.


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Offline Akado

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Re: ANNOUNCEMENT 12 - Open Ledger Debuts Today - * Forbes Article *
« Reply #24 on: September 16, 2015, 04:57:16 pm »
Wow 8 exchanges is a lot! Eager to know hear more news about this.
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Offline speedy

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Re: ANNOUNCEMENT 12 - Open Ledger Debuts Today - * Forbes Article *
« Reply #25 on: September 16, 2015, 05:07:18 pm »
Quote
Unlike most exchanges, you control your own private keys, so funds remain yours even when you’re trading with them. No one can reverse a transaction or freeze your account. Similarly, the exchange’s funds are all on the blockchain, totally transparently - so they can be audited by anyone, any time.

As I understand it the only way this could work is if when you deposit Bitcoin into CCEDK they give you a market pegged asset (BitBTC) in return on the BitShares blockchain. A UIA that represents BTC would become worthless if the exchange was goxxed.

Problems:
What if you deposit BTC and there is no BitBTC available to buy because no one is shorting it?
And what about for all the other altcoins where there is no volume to support a market pegged asset?
Also, what about the accusation that CCEDK as an exchange would then be operating on fractional reserves because they had to sell your BTC deposit for some derivative BitBTC that most maximalists dont want to believe even works?

Offline Ander

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Re: ANNOUNCEMENT 12 - Open Ledger Debuts Today - * Forbes Article *
« Reply #26 on: September 16, 2015, 05:12:38 pm »
The announcements are coming fast now!  Thanks for waiting until I got the last of my money in, hehe.
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Offline hadrian

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Re: ANNOUNCEMENT 12 - Open Ledger Debuts Today - * Forbes Article *
« Reply #27 on: September 16, 2015, 05:23:52 pm »
The announcements are coming fast now!  Thanks for waiting until I got the last of my money in, hehe.

Yeah, it seems like Stan's stepping up the pace here. Do you think we could get daily announcements until launch? That'd be pretty extreme!
I wonder how many people are gonna go 'all in' in the build up. Hmmm...
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Offline Ander

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Re: ANNOUNCEMENT 12 - Open Ledger Debuts Today - * Forbes Article *
« Reply #28 on: September 16, 2015, 05:28:53 pm »
Not sure if it was common knowledge and i just missed it. But the Forbes article eludes to 8 exchanges being involved in Openledge's network, which is in effect the Bitshares network! only 3 listed on the slide so in my mind we have many more ground breaking announcements to come :)

Yes, many have yet to announce, but there are 8 in the pipeline I have had at least some contact with at various stages of maturity.  I guess BunkerDEX's long logo didn't fit on the viewgraph, but it should have been there...

We decided to reveal that hint early because of the high profile venue and Forbes coverage opportunity.

8 exchanges in the pipeline?

Please let one of them be poloniex, please! :)
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Offline tonyk

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Re: ANNOUNCEMENT 12 - Open Ledger Debuts Today - * Forbes Article *
« Reply #29 on: September 16, 2015, 05:55:56 pm »
Good!  +5%

Unfortunately the important for me #11 was spent on some so so announcement.

and BM spent his free time 'inventing' ass licking brownie points...in the same time he could have lowered the collateral on the current bitAssets to 100%, so they (and he/we) do not look so stupid and way from the peg, for all the newcomers that this good new bring.
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.