Plasma? The holy grail of the crypto DEX??? - Speculation

[bytemaster]

Plasma is a longer term play, don't expect to see much on it this year.  Too many other things to do.

[kenCode]

(Dan's) focus is on one thing. He'll be modelling what's already been proven to work. He seems to have an appreciation for user psychology that he hadn't previously. To me, those are all very encouraging signs.

 
 

If atomic cross chain trading is possible, that's a HUGE deal. I would be interested to hear more about this "PlasmaOS".

 
So would the entire world's crypto-space Developer community.

[Method-X]

Its simply another Dan makes a obtuse theoretical assumption that never stands up to rigor when fully implemented.

While I've been critical at times myself, I've never had an issue with Dans theoretical assumptions. Almost everything being done in this space is uncharted territory and needs theoretical assumptions with the ability to test those assumptions and pivot when necessary. Dan has been pretty good at both those things.

Theory got us DPOS.
Theory got us market pegged assets.
Theory got us a referral program.

Dans only weakness so far has been practical application (constantly going against the grain) and shooting too high instead of focusing on low hanging fruit. His comments as of late have been encouraging though. His focus is on one thing. He'll be modelling what's already been proven to work. He seems to have an appreciation for user psychology that he hadn't previously. To me, those are all very encouraging signs.

If atomic cross chain trading is possible, that's a HUGE deal. I would be interested to hear more about this "PlasmaOS".

[xeroc]

Its simply another Dan makes a obtuse theoretical assumption that never stands up to rigor when fully implemented.

so smartcoins do not exist?

As good as not existing. It barely works and everyone prefers to issue their own coin instead.

Compare to nubits and you will see that smartcoins are a failure.

I dont aee the failure, sorry for that. Comparing nubits with smartcoins males no sense either. Start reading into the technology and you will unterstand it.

[xeroc]

All we can do is hope graphene is still relevant by that time.

Plasma OS will NOT REPLACE graphene .. it will EXTEND it.

[NotSmart]

Its simply another Dan makes a obtuse theoretical assumption that never stands up to rigor when fully implemented.

so smartcoins do not exist?

As good as not existing. It barely works and everyone prefers to issue their own coin instead.

Compare to nubits and you will see that smartcoins are a failure.

[xiahui135]

Its simply another Dan makes a obtuse theoretical assumption that never stands up to rigor when fully implemented.

I understand your worrier.
There is no reason to do that, and there are too many unfirmed problem to find out. It is just another asumption, and seems to fail and waist money and time.

[topcandle]

Its simply another Dan makes a obtuse theoretical assumption that never stands up to rigor when fully implemented. 

[BunkerChainLabs-DataSecurityNode]

It's easy when its all graphene. He only said cross-chain transactions.. he never said 'all chains'. This essentially would mean that things like BitShares, Muse etc would be able to cross over in transactions. Which makes total sense as an evolution of the product line.

[lil_jay890]

All we can do is hope graphene is still relevant by that time.

[Helikopterben]

BM hinted at a new project called plasma in the last mumble which would allow Interoperability between chains.  He had previously indicated that atomic cross chain transfers were really not feasible.  Have they found a way to do it?  Reading between the lines, this could potentially allow for users to deposit assets such as bitcoin directly on chain, backed 1:1 by real bitcoin on the bitcoin blockchain.  If this is the case, then the implications could be huge.  It can eliminate pain points for the user while retaining all the security of a provably solvent, consensus driven, decentralized exchange.  Right now if a user wants to deposit btc, then they have to hope that another user is willing to short that btc into existence near market price and if they want to redeem btc, then they have to hope that someone is willing to buy existing bitbtc near market price.  With plasma, the user can deposit btc backed by actual on-chain btc instead of btc collateralized by bts, eliminating the worry about margin maintenance and liquidity.  This would allow a much more seamless user trading experience, at least among various blockchain assets.  In other words, users would be able to trade pairs such as btc/eth while knowing that the assets are completely accounted for on the native chains.

Of course this would be impossible for assets such as fiat currencies and physical commodities such as gold, silver, and oil.  The MPA markets are the best solution for trading these assets. 

The foundation for the DEX has been built with DPOS.  With plasma, barriers to adoption because of liquidity can be greatly reduced.  We will have to wait and see exactly what plasma will do, but so far it looks to me like it could be a game-changer to help bootstrap the DEX.