What were some of the main reasons that prevented you from building this on bitshares?
I would be much more willing to invest in some of these projects if everyone wasn't a fork of bts... Also the "donation" word was used by Dan a lot to basically free himself of any obligation to his early investors. I would say most ags investors were not thrilled with the final outcome.
We actually attempted to design this within Bitshares originally. However, the further we got into the design and the functions and requirements of the network, the more challenging it became attempting to have it coexist within Bitshares network in it's entirety. The transactions in this network are going to be very high, and would end up competing with transactions in the DEX. Then there are the numerous hardforks with each game, and the voting which is potentially to become an issue within Bitshares.
Our solution that developed out of this though was sidechains. Through this innovation we are going to have a robust sidechain implementation for graphene that can be applied to Bitshares. The Peerplays network is not going to operate it's own exchange. Instead it will simply connect out to Bitshares via sidechain to make it seamless for players to move in/out into whatever token they choose. There are a few other innovative features we designed which could also be applied to Bitshares as well. However, all that is subject to voter approval of course.
This is not a fork of Bitshares, but a fork of graphene. The new functions we designed are completely different from what Bitshares has.
With all this in mind, there are numerous benefits to Bitshares including MASSIVE liquidity to the bitAsset markets.
So in the end, Bitshares is still gaining all the benefits of the volume and liquidity that Peerplays will bring, without having to deal with the operations of the Peerplays blockchain.
In regards to the investors donations stuff. This is a donations crowdfund, and we are going to keep within the parameters of how that needs to be operated as stated by current regulatory requirements in Canada. It really is no different than most crypto crowdfunds with the parameters they must operate in. Even the Lisk crowdfund was a donations crowdfund. This whole thing is running through our Canadian corporation. So as far as liabilities go we are subject to those laws, which should give those looking to participate in supporting this project more confidence in my estimation. We are very thankful to everyone who donates to this crowdfund in support of this awesome project!
Hope this helped answered your questions.
Topic: [ANN-Updated 5/5] Peerplays Prelaunch - Millions are Waiting For You! (Read 119171 times)
