You are viewing a single comment's thread from:
RE: BitShares Core Team Budget Worker Proposal - 2018
To be honest I've found the Wallet bitshares org platform less than favorable! It's been 24 hours since I made a transfer of coins out and it's yet to reach the other side via open X. No excuses for keeping my money!!
"No excuses, either side !!" Yeah that is the way to start a discussion.
Update, I've just received an email that states the gateway is having technical issues and will be resolved ASAP. both bitshares and open X need to get their act together and soon! They've lost me.
This is not a problem of bitshares platform itself even if there is a lot of people that think this.
Here is the issue; when you pull out coin from bitshares DEX you are using a gateway. some common ones are openledger, rudex, cryptobridge, blocktrades among others.
Now, that pull out is something bitshares platforms do not handle, for the bitshares-core this is just a transfer of asset from one account to the other, inside the network.
When pulling coin out, you send your coins to another bitshares account(openledger, blocktrades, etc), everything inside bitshares blockchain. the third party gateways get your coins in their accounts inside bitshares and send to your address outside the system.
This process can be immediately or take some time depending fully on the gateway, bitshares can't do anything to speed the process as for the network the operation is just a transfer of asset from one account to another(this is confirmed in less than 3 seconds).
Again, the time the gateway takes to send you the coins they already have in their bitshares account is something bitshares itself cant handle.
In Ryan worker proposal, one of the items to be worked on is interchain communication(AKA atomic swap). This will allow a new in/out channel between bitshares and other supported blockchains. If this is implemented successfully the process get coin in/out to/from bitshares will improve for some specific coins.
Hope it helps clarify a bit on this subject :)
If the bitshares platform was good I would not have taken my coins out. The charts are absolutely useless for start! They have much work to do and I can see that they are working on it. In time "when" things get better I may return..
fair enough but unrelated with the time the gateway is taking to transfer your coins.
Atomic swaps in BitShares would be the atomic bomb of the crypto ecosystem... blow them all away!
We hope our work so far will help to facilitate this for the wider BitShares community
https://steemit.com/bitshares/@ash/bitshares-scorum-a-new-graphene-fork-to-gift-acct-to-bts