Quote from: synechist on March 11, 2015, 04:00:42 PM

Quote from: Cassius on March 11, 2015, 03:36:46 PM

Quote from: synechist on March 11, 2015, 03:18:47 PM

Multigateway, which facilitates the exchange of currencies between nodes on different blockchains, involves groups of servers mediating the exchange.

As such, exchange between buyer and seller is not conducted on a peer-to-peer basis. There is a third party involved (albeit not a traditional monolithic third party, but groups of servers utilising m-of-3 multisig). This third party mediates the transaction, and must be trusted to do so.

The above is what it means to perform a cloud service. Processing occurs at (well, near) the centre of the network, rather than being pushed to the network's edges (i.e. the peers), which is what defines fog computing.

Therefore, Multigateway is a cloud service bus for blockchain-based nodes.

In contrast, the Blocknet's decentralised exchange is being developed on a radically p2p model, making it a fog computing service.

You are selecting one element of SuperNET - one of the gateway mechanisms for coins, fiat, assets etc - and characterising all of SuperNET in terms of this alone. InstantDEX is a near-realtime peer-to-peer exchange service. This is clearly not cloudy.

You're entirely correct. I have only referred to Multigateway and not to all the other SuperNET components.

On the other hand, I selected Multigateway carefully. InstantDEX is p2p but runs on the NXT Asset Exchange and thus is on the NXT blockchain. Therefore it is not inter-chain which is the context of the discussion.

To give another example of something related to InstantDEX that is cloudy rather than foggy, ATOMIC is a blockchain that records transactions of other chains. Thus it centralises inter-chain networking.

(Correct me if I'm mistaken, of course. I'm no expert on this tech and I'm happy to stand corrected if I'm mistaken.)

using your example all cryptos are centralised if you use crypto without mining them?

i think your explanation is very misleading.

there is no central authority x that controls y.