Post
Topic
Board Project Development
Re: [ANN] B&C Exchange - A decentralized exchange paying BTC dividends
by
?chooseusername
on 25/03/2016, 21:41:33 UTC
Few questions:


  • What makes B&C better than OpenLedger?
  • What are the differences between BKS shareholders and signers in terms of voting power?
  • How are you planning to take into consideration and defend the B&C user interests Vs BKS shareholders & signers?  

I see your voting system a bit too static and away from what decentralization means...You are giving zero power to your users which are the most important part of your project. You might have achieved a decentralized platform but its governance model defeats the whole idea that your are trying to sell. Why don't you make it a decentralized autonomous exchange (DAE) far from human conflict of interest. The running costs including developers would come out of the fees and donations and if there was a surplus the whole community could vote what to do with it via a smart voting system that takes into account the users voice, the developers voice and the infrastructure people voice. Perhaps this is the next thing after "Decentralized" exchanges...

Cheers
...That said, I wouldn't push that "users first" agenda so much. An exchange is a business, apply the rules of (anarcho) capitalism and you will see that B&C Exchange is perfect just the way it was designed.
Great business model! No users = no business

But it's okay... Profit is always FIRST, isn't it? B&C will be just another unsuccessful "decentralized" exchange

*1 It's sad to see a great and innovative idea being destroyed by the classical and primitive capitalist shareholders model which has shown that is not sustainable in the long term
Edit: *1