For Derivative, If Person A and person B agree they will trade 1 ETH for $200 in 7 days, what happens if Person B goes bankrupt?
We've introduced '
futures with ascending stakes' to solve that problem, it's described in the whitepaper under section FUTURES WITH ASCENDING STAKES. The whole derivatives exchange allows for trustless leverage trading and hedging.
For what happening right now, its a battle of ico's. Many investors will keep an eye on this coin. Will try all the possibility to have this coin on the day of crowdsale.
This crowdsale just ended for a token that seems very similar. Veritaseum
https://bitcointalk.org/index.php?topic=1887061.0Nice music and charismatic guy! I don't see the 'very similar' since we're building a decentralized derivatives exchange featuring options and futures to hedge risks and allow trustless leverage trading between cryptocurrencies on the Ethereum network. Our whitepaper includes a detailed description on how we will bring derivatives to the Ethereum network.
Additionally I'd like to know how one could extract the assets (Apple for example) from the Ethereum blockchain without relying on (trusting) a centralized entity.