Quote from: fatbitcoinfan on May 08, 2015, 06:51:48 PM

Quote from: cryptog1 on May 07, 2015, 06:25:30 AM

Another set of additional questions, if you do not mind:

- What would be the main difference between B&C and a smart contract-based decentralized exchange if ever the latter is possible?

The latter wouldn't need the trusted signers. That would remove the need for a lot of B&C's infrastructure. There'd be no nominations or voting and you wouldn't even need shares or dividends. It could be done without a fee, apart from the coin transaction fees. There'd be no exchange operators, so there'd be no opportunity to make a business out of creating and running it.

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- Can we increase easily the number of signers required and number of signers? Currently designed I understand that it is 8 out of 15. Any particular reason for this pair?

Somebody correct me if I'm wrong, but I think that bitcoin and its clones won't allow you to have messages longer than a certain size when you want to spend a coin. If the coin is in a multisig address, you need lots of signatures to be able to spend it but then you hit the size limit. I think 8 out of 15 is pretty much as large as you can get.

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- How could a trusted signer increase the speed of signing a deposit request message if he or she wanted to?

Not using Tor would do the trick.

tks.