the way it should work for AM is,
FC picks a DEx to use as settlement,
TAT or whatever passthru continues to trade on centralize exchanges to gain the benefit of speed and more broader market,
when user withdraws from passthru, passthru can just execute the change of ownership on the DEx,
no more FC pm/email,
FC uses information on DEx to distribute dividend,
Of course, ppl can also trade directly on DEx, maybe arbitraging across DEx and centralize ones.
This ^^ is an awesome idea and what I was trying to recommend to TAT. Why not innovate and embrace the new technology.
Where's the downside to TAT issuing Passthrough shares on a decentralized exchange like Counterparty?
How is this different from issuing passthroughs on multiple centralized exchanges. Why not make passthroughs available on decentralized exchanges as a temporary fix until Friedcat transfers all the shares over to a decentralized solution?
This way we only have to trust the issuer and the passthrough operator. Eliminates having to trust a centralized exchange like Havelock.
I guess PT operators will try to oppose it anyway, since they'll lose some liquidity and users, but they would still be in business.