Author Topic: We'll be able to compare ourselves vs Nasdaq  (Read 3438 times)

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jakub

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Bitshares is the first to do a lot of stuff but I see no advertising of that on the website.

That's quite a paradox.

Thanks to the amazing achievements of the dev team, we are absolute leaders in many areas - the latest example is this proxy voting for UIAs.
And yet we have a road-map that looks like this:
https://bitshares.org/roadmap/

We so badly need a cohesive communication strategy.

Offline luckybit

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Think of how Bitshares is governed by voting for witnesses, committee members, worker proposals. Now what if you wanted to ipo on the dex but needed the ability for voting shares for the same reasons? Mostly picking a board of directors and/or voting on their proposals.

Almost all publicly traded companies have voting and non voting shares, sometimes referred to as class A and class B shares.

UIA voting opens the dex to a whole new class of companies.

I see.
We have the great honor to be the first having it, 10 mo. before it is needed....having it 12 mo. before we decided bitUSD should not be forced to be worth 1.10, just cause BM likes his own experiments...12 before the GUI is usable by any sane or not insanely dedicated person.

And I do think this deserves a good  'wwwwwwwwwwwwooooooooooooooooohhhhhhhhhhhhhhhhaaaaaaaaaaaaaahhhhhhhhhhhhhhhh' for good prioritizing!

Bitshares is the first to do a lot of stuff but I see no advertising of that on the website. It would strengthen the brand if we talk more about the innovations the Bitshares community has given to the world. No other community has been even close to as innovative.

And every time someone copies Bitshares it still means Bitshares was first. The first crypto-merger, the first conceptualization of a profitable DAC, DPOS, pegged assets,  and many many more. Now proxy voting UIAs.
« Last Edit: October 28, 2015, 09:04:08 am by luckybit »
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Offline luckybit

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http://www.forbes.com/sites/laurashin/2015/10/27/nasdaq-unveils-blockchain-enabled-platform-linq-announces-6-inaugural-clients/

It will be nice to know the specs of their chain. It will also be a good opportunity to learn and know what kind of features and interfaces traders want.

Looking forward in a few months to see a defying article like "How is BitShares competing with Nasdaq Linq" or "How can BitShares' Graphene improve Nasdaq Linq".

I believe and to the extent of my knowledge, only BitShares, Ripple and Nasdaq Linq play in the same league. It will be nice to have their attention and who knows,  even see CNX contacts list increase  :P

Two different markets. NASDAQ relies on legacy settlement and other systems. You don't actually own stocks when you buy them, you own the legit rights only while some other company actually owns the stock.

With Bitshares you can actually literally own it as a brain wallet. It's not comparable. You don't need the same regulations with Bitshares, and digital tokens aren't considered stocks.

But you might be able to own or hold real stock certificates over Bitshares at some point, maybe by Bitshares 3.0 or 2.5?
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Offline tonyk

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Think of how Bitshares is governed by voting for witnesses, committee members, worker proposals. Now what if you wanted to ipo on the dex but needed the ability for voting shares for the same reasons? Mostly picking a board of directors and/or voting on their proposals.

Almost all publicly traded companies have voting and non voting shares, sometimes referred to as class A and class B shares.

UIA voting opens the dex to a whole new class of companies.

I see.
We have the great honor to be the first having it, 10 mo. before it is needed....having it 12 mo. before we decided bitUSD should not be forced to be worth 1.10, just cause BM likes his own experiments...12 before the GUI is usable by any sane or not insanely dedicated person.

And I do think this deserves a good  'wwwwwwwwwwwwooooooooooooooooohhhhhhhhhhhhhhhhaaaaaaaaaaaaaahhhhhhhhhhhhhhhh' for good prioritizing!
« Last Edit: October 28, 2015, 03:51:19 am by tonyk »
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline seraphim

Yeah, I mean I get what it allows for but I need someone to give me an example use case before I get the "aha". Anyone can create a decentralized company and govern it?

The crypto gateway I proposed would've required that feature for example (plan is cancelled for now, but still linked in my sig ;) ).
« Last Edit: October 28, 2015, 03:43:23 am by seraphim »
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Offline Riverhead

Think of how Bitshares is governed by voting for witnesses, committee members, worker proposals. Now what if you wanted to ipo on the dex but needed the ability for voting shares for the same reasons? Mostly picking a board of directors and/or voting on their proposals.

Almost all publicly traded companies have voting and non voting shares, sometimes referred to as class A and class B shares.

UIA voting opens the dex to a whole new class of companies.
« Last Edit: October 28, 2015, 03:31:32 am by Riverhead »

Offline Method-X

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Soon BitShares will also support proxy voting for UIAs  (Thanks Follow My Vote)

WWWWWHHHAAAAAAAAAAAAAAAAAAAAAHH!!!!  +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5%

What is the significance of this?
http://www.investopedia.com/terms/p/proxy-vote.asp

Me still remaining clueless...

the UIA holders can be like the corp. stock holders and vote by proxy...
Is this very significant?

Yeah, I mean I get what it allows for but I need someone to give me an example use case before I get the "aha". Anyone can create a decentralized company and govern it?

Offline tonyk

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Soon BitShares will also support proxy voting for UIAs  (Thanks Follow My Vote)

WWWWWHHHAAAAAAAAAAAAAAAAAAAAAHH!!!!  +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5%

What is the significance of this?
http://www.investopedia.com/terms/p/proxy-vote.asp

Me still remaining clueless...

the UIA holders can be like the corp. stock holders and vote by proxy...
Is this very significant?
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline Riverhead


Offline speedy

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Soon BitShares will also support proxy voting for UIAs  (Thanks Follow My Vote)

WWWWWHHHAAAAAAAAAAAAAAAAAAAAAHH!!!!  +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5%

What is the significance of this?

Offline BunkerChainLabs-DataSecurityNode

Soon BitShares will also support proxy voting for UIAs  (Thanks Follow My Vote)

WWWWWHHHAAAAAAAAAAAAAAAAAAAAAHH!!!!  +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5%
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www.Peerplays.com | Decentralized Gaming Built with Graphene - Now with BookiePro and Sweeps!
+-+-+-+-+-+-+-+-+-+-+

Offline Akado

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That's awesome, it opens more doors for new businesses!  +5% Seems a nice feature to be tried out by metaexchange once they end their investment round.
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Offline Ben Mason

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Blockchains seem to be moving rapidly beyond the ridicule phase.

Great news BM!  Thank you FMV!

Offline bytemaster

Soon BitShares will also support proxy voting for UIAs  (Thanks Follow My Vote)

For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline Akado

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http://www.forbes.com/sites/laurashin/2015/10/27/nasdaq-unveils-blockchain-enabled-platform-linq-announces-6-inaugural-clients/

It will be nice to know the specs of their chain. It will also be a good opportunity to learn and know what kind of features and interfaces traders want.

Looking forward in a few months to see a defying article like "How is BitShares competing with Nasdaq Linq" or "How can BitShares' Graphene improve Nasdaq Linq".

I believe and to the extent of my knowledge, only BitShares, Ripple and Nasdaq Linq play in the same league. It will be nice to have their attention and who knows,  even see CNX contacts list increase  :P
« Last Edit: October 27, 2015, 08:47:21 pm by Akado »
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