will eosfinex will kill bitshares ?comparison explained

cryptoboiiii (10)in #bitshares • 8 years ago

so guys recently we heard that bitfinex is creating a decentralized exchange to be built on the ios.io platform

and will this kill bitshares??who knows?

i ll try to give some information about it here you can make your own decison and opinions about it ..

firstly though i just want to point out that everything pretty much everything about eosfinex exchange its all assumption as we can see on their website there are no specific at all .. all the news article have announced that there will be making it and u know there is no specific as to what coins .. or how it will work what it will look like.. so i mean all speculation right now but you know what i can plainly say that eos.io blockchain if it is built will run alot faster will be more scalable and what i should free for users, more scalable faster than they bitshares blockchain which you knw its a bit worrying but .. who knows? but as we know eos.io will be able to scale upto million on transactions per second and have sub second confirmatons where bitshares can only do one hundred thousand transactions per second
i think bitshares has around 1.5 seconds confirmation and it will have fees

but once again who knows maybe the eosfinex will have fees as well somehow that will implement that to try to make money but who knows...
but yeah if you are holding bitshares but i say u know that eosfinex is definitely a serious competitor and you should be worried about it ..the bitfinex team they have a lot of money behind them they have a whole brands and i am sure that any exchange that they build that will be quiet probably a big,

one important things is there have been alot of rumours going around that bitshares may migrate to eos.io software and if it does then you know its great thats quiet good for bitshares .. one of the main reason people think that because but you know tht the owner of bitshares guys is stan larimer who is actually dan larimar dad so u know quiet lots of connection and most of people think that they will be working together but once again all of this is speculaation guys .. in my opinion it is too early to tell that one will be better than another.. lets leave it here that eosfinex will kill bitshares or the other way around .. there is enough room in this market for two decentralized xchanges .. as we see there are 100 different types of centralize exchanges and who knows maybe one will offer coins and the other one doesnt.. so once again guys there will be room for both...