Post
Topic
Board Altcoin Discussion
Re: Crypto_2.0 /{ data }/
by
BitcoinNational
on 26/01/2016, 13:19:37 UTC
DEX


Bitshares
- Website: https://bitshares.org/
- Forums: https://bitsharestalk.org/
- Web Wallet (private key is stored client-side, make sure to back up your wallet before clearing your browser history): https://bitshares.openledger.info/#/
- Bitshares' derivatives: https://bitshares.org/technology/price-stable-cryptocurrencies/
- Other features: https://bitshares.org/technology/
- Decentralized and autonomous derivatives that closely resemble the value of their real-life counterparts (cryptocurrencies, fiat, or commodities).
- The derivatives are "collateralized" by main chain tokens, and come into existence when someone shorts the asset. It is complicated how SmartCoins work, see the link above.
- Unlike most cryptocurrency exchanges, you can also trade stocks and commodities.
- Transparent ledger for centralized exchanges to setup user issued assets resembling the value of other cryptocurrencies (you could do fiat or commodities as well). This also allows seamless inter-exchange trading (IE. Poloniex BTC trading against BTC-e BTC) so trading doesn't centralize on certain exchanges.
- Built-in FIAT and Crypto on and off ramps (visit the withdrawal/deposit tab of the wallet to see what I mean)
Weaknesses:
- Systematic risk of the decentralized derivatives' (SmartCoins) values collapsing
- Low volume and liquidity

B&C Exchange
- Website: https://bcexchange.org/
- BCT Thread: https://bitcointalk.org/index.php?topic=1033773.0
- FIAT derivative overview: https://nubits.com/about/overview
- Whitepaper: https://nubits.com/sites/default/files/assets/Blocks%20%26%20Chains%20Decentralized%20Exchange.pdf
- Vaporware, but being developed by the same developers that brought us Nushares/Nubits
- Powered by a network of multi-signature addresses
- You trade real cryptocurrencies (IE. BTC, LTC, etc... no derivatives like Bitshares... other than the FIAT derivatives, of course)
- FIAT derivatives that resemble the value of FIAT (Nubits = 1 USD, other FIAT derivatives to be released)
- The FIAT derivatives function much differently than Bitshares' version, a nice easy way to describe it is that they functions like the US federal reserve. Read through the link above for more information.
- The FIAT derivative is much more liquid than Bitshares' FIAT derivatives
Weaknesses:
- Vaporware (the DEX is not functional yet)
- Systematic risks of FIAT derivatives' value collapsing
- No light wallet