Post
Topic
Board Announcements (Altcoins)
Re: [UNO] Unobtanium Info & Discussion - Hardfork block 1042000 - Merge Mine w/BTC!
by
four3200
on 03/02/2019, 11:02:19 UTC
THE (a) VALUE of UNO
[one of them  Wink]

I think this community CAN (should) and WILL focus on the DEX dev space.

DEX dev space
*AFAIK

BLOCKnet
UNITY (nxt camp)
Bridge (BTS camp)
WAVES
BISQ
NETcoins https://www.gonetcoins.com/otc/ 

All are "do able DEX", the question is adoption.

Case in point I launched a WAVES asset that is backed by 9 kilos of UNO.

[read UNO pegged token - stable value to UNO 1:1]

It can/could/it is working, but the failure point is me, so yes it works but it still takes a intermediary (me) to make it work.  Thus 3rd party trust problem. So it exists as a experiment, I still back it but I know it is by no means a "DEX".  But if many 'trusted' members of UNO community do some multi-sig stuff, it gains more creditably.

That said I don't 100% like any of the above models.

This is still thought experiment, then real world testnet, then actual adoption usage stuff, WE DO IT LIVE!!!  Cheesy

For DEX I don't think we are there yet, but fostering discussion within the UNO community of best practice solutions for DEX is a time worthy goal.

Why?  Because UNO is time-tested, high HASH, and rare. [read SoV].  More importantly that is the consensus, it is just a SHA256 AUX block chain, no more  bells and whistles needed.  The CODE is very hard-coded.

UNO matters for value, but the risk of rarity is housing the asset in the custody of 3rd parties.
(we have a long history of surviving this issue, but time has clearly illustrated that it is time to DEX not CEX)

--
TLDR;
Yes, Bridge listing is a worthy endeavor if it can be funded and dev can implement.  I don't know the specs required.  But if HF is needed, nope Grin  

---
Interesting insight of a key bitcore player
Peter Todd on the Essence of Bitcoin
https://www.youtube.com/watch?v=8yah3N9n84k