Post
Topic
Board Altcoin Discussion
Re: Why does no one use the BitShares Exchange DEX?
by
iamnotback
on 23/06/2016, 01:12:58 UTC
iamnotback, I am curious where your project is headed.

I've got to get my crypto-currency design launched first, before developing other decentralized applications.

Dan has done some good work and experimentation that even influences some of my designs.

I don't think DPOS is the best we can nor is it acceptable, because after all PoS means the majority can decide to fork it. I mentioned some other weaknesses recently for DPOS (lazy to dig up the link). I want to take away the power of anyone to fork. Only proof-of-burn will work as a fork methodology after I am done changing the crypto-currency landscape with the first major overhaul of proof-of-work since Satoshi.

As for DEX trading, I think it is probably useful for exchanging not in real-time. For serious traders, they need a system that can't give any party any leverage. I haven't analyzed Dan's decentralized market place tech recently to see where he ended up and what are the strengths and weaknesses.

I've got so many fish to fry, that real-time trading stuff is a low priority for me. jl777 is working on that too, so I try not to duplicate the areas that those two others are already working on.

I'll be doing other important achievements for decentralization.

And if I go quiet it means there is a better chance it may actually come to market. If I am here talking, you will know it will never come to fruition.

I'd probably have more to say if I took more time to think about it, but I've wasted enough of my and your time today foruming.