Author Topic: New serious competition for Bitshares: Waves  (Read 3255 times)

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Offline luckybit

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Offline jwiz168

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Re: New serious competition for Bitshares: Waves
« Reply #1 on: April 12, 2016, 11:53:29 am »
yeah in less than 5 min ICO starts....

Offline Erlich Bachman

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Re: New serious competition for Bitshares: Waves
« Reply #2 on: April 12, 2016, 12:30:28 pm »
They are a comprtitor for assets listed on our DEX, but they don't do smartcoins, therefore, our smartcoins like bitGOLD will eventually find a way onto their DEX in the same way that their equity will find a way onto ours if their launch is delayed post ICO (like Lisk equity currently).

Their model is more like Ripple's than ours, and their aim is just the same (big player adoption).

They are admittedly going the centralized route through "Leased" POS which is basically DPOS.
You own the network, but who pays for development?

Offline luckybit

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Re: New serious competition for Bitshares: Waves
« Reply #3 on: April 12, 2016, 12:37:59 pm »
They are a comprtitor for assets listed on our DEX, but they don't do smartcoins, therefore, our smartcoins like bitGOLD will eventually find a way onto their DEX in the same way that their equity will find a way onto ours if their launch is delayed post ICO (like Lisk equity currently).

Their model is more like Ripple's than ours, and their aim is just the same (big player adoption).

They are admittedly going the centralized route through "Leased" POS which is basically DPOS.

It's not hard for them to do smartcoins.

In my opinion in order for Bitshares to remain competitive it needs to integrate into Ethereum ASAP. This way if Ethereum wins so does Bitshares because Bitshares would be even more decentralized because it's smart contracts would run on Ethereum and on it's own platform. Kind of like how Apple actually made iTunes for Windows and Microsoft made software for the Mac.
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Offline abit

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Re: New serious competition for Bitshares: Waves
« Reply #4 on: April 12, 2016, 12:38:47 pm »
It seems they have company backed fiat token and multisig based sidechain.
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Offline yvv

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Re: New serious competition for Bitshares: Waves
« Reply #5 on: April 12, 2016, 12:59:30 pm »
It seems that they don't have nothing to show yet, even a prototype.

Offline Erlich Bachman

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Re: New serious competition for Bitshares: Waves
« Reply #6 on: April 12, 2016, 01:17:13 pm »
OMG, these guys are competitors of ours!

Both BTS and Waves are competing for the hate of Hosk!

https://bitcointalk.org/index.php?topic=1434851.0
(we will kick their ass at this competition though right guys?!)

It's not hard for them to do smartcoins.

It's not hard for anyone to do smartcoins. 

These are the NXT/Supernet guys doing SuperDuperNet.  I have to  toss them a bitcoin just in case they create a buzz opportunity for us to trade their equity exclusively like we did with Ethereum, IOTA, and Lisk

BitShares - where all the latest IPO's trade first!


One thing that our competitors haven't got:





SECRET SAUCE!!


http://www.zerohedge.com/news/2016-04-12/icelands-pirate-party-polls-stunning-43-following-pms-resignation



oh yeah, and their whitepaper admitted that their slow blocktime will need central servers to speed up transactions and further stated that blocktime delays were sufficient for the majority of transaction types.

Bit maybe they are correct that nobody will ever care about a blockchain that does 3 second blocks.

Personally, I hate to wait, but hey, that's just me.
« Last Edit: April 12, 2016, 01:54:55 pm by Erlich Bachman »
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Offline fav

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Re: New serious competition for Bitshares: Waves
« Reply #7 on: April 12, 2016, 08:43:11 pm »
"serious"

Offline Tuck Fheman

Re: New serious competition for Bitshares: Waves
« Reply #8 on: April 12, 2016, 10:01:09 pm »
Bit maybe

Where do I invest in BitMaybe? 

This sounds like some serious competition for BitShares and Ethereum!

Block time? Devs? Who cares!!! Just take my money, this is a winner ... I can tell by the name alone!

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Offline Troglodactyl

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Re: New serious competition for Bitshares: Waves
« Reply #9 on: April 12, 2016, 10:38:04 pm »
They are a comprtitor for assets listed on our DEX, but they don't do smartcoins, therefore, our smartcoins like bitGOLD will eventually find a way onto their DEX in the same way that their equity will find a way onto ours if their launch is delayed post ICO (like Lisk equity currently).

Their model is more like Ripple's than ours, and their aim is just the same (big player adoption).

They are admittedly going the centralized route through "Leased" POS which is basically DPOS.

It's not hard for them to do smartcoins.

In my opinion in order for Bitshares to remain competitive it needs to integrate into Ethereum ASAP. This way if Ethereum wins so does Bitshares because Bitshares would be even more decentralized because it's smart contracts would run on Ethereum and on it's own platform. Kind of like how Apple actually made iTunes for Windows and Microsoft made software for the Mac.

We could run Ethereum smart contracts on BitShares already without even hard forking.  There's no need to tie execution into block validation, just hire as many executors as you're willing to pay for.  Solves Ethereum's scalability problems too.