BBF applies for Dexathon

in #blockchain6 years ago

We are very happy to announce that the BitShares Blockchain Foundation has responded to the Dexathon challenge from Binance on behalf and for the benefit of the entire BitShares Community. We hope to engage in further communication to put the wishes of Binance into reality.


BitShares Blockchain Foundation
[email protected]

BitShares Blockchain Foundation
Zutphenseweg 6
7418 AJ Deventer
The Netherlands
Registration: KvK-66190169
http://bitshares.foundation

  • Official Public Face and sole Spokesperson of the BitShares Blockchain {more}
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Bitshares Dex is so fast and easy to use for me, the only problem i see is the low volume.
I hope this will change in the future :)

Start using it, start defining the future ;)

Could someone explain in few simple words what Bithsares Dex is and how can it be used? Is it just for trading currencies?

Its more than just trading currencys, its a decentralized exchange (DEX) and you can store your crypto on there using bit and Open assets, as issued by bitshares and openledger. Really amazing tech with extremely fast transaction times and low fees. A must.

Bitshares really needs some more trade options, such as stop-limit orders, profit taking orders, shorts, closing leverage with automatic market orders from the collateral ... but i believe that all of that can be worked on.

The second problem is that while trading on bitshares is really fast, running a full node its not exactly the most accessible thing to do. and it has even been said that bitshares is semi-centralized .

deploying a bitshares node is as easy as:

docker run bitshares/bitshares-core:latest

Not sure what you mean by semi-centralized. The Blockchain itself is pretty much decentralized. The assets on top, may not be - much like TetherUSD running on Omni on top of bitcoin.

Yea. but i hear reports of it using more than 32 GiB of RAM. I also heard that using zramswap makes it so much easier.

As for decentralization, while i dont agree, some people dont like dPoS and consider it to be a centralized system.

To be clear, with default config, need about 16GB of RAM to run current mainnet. It's not hard (although not very easy) to adjust the config to fit your needs. Minimal requirement is about 2GB.

By the way, while we have more and more active users, we do need more powerful hardware to run the nodes.

BitShares Blockchain Foundation response their challenge from Binance on behalf and for the benefit of the entire BitShares Community. this is very good. we hope binance always done their work very well like that.
thanks to @cm-steem for your resteem. that's why we see this great information. thanks a lot.

Awesome! Was this a public response/entry? Or private communication?

I agree that Bitshares is suitable for Binance's needs - all the checkboxes are ticked!

@cm-steem i think its a public communication but its really awesome.

Bitshares is by far the best DEX out there! Partnership with binance would be great news!

please follow and upvote

I dont know what is bitshares and its uses.want to know about it can anyone helpme?

Go to https://wallet.bitshares.org/?r=kwaskoff and do it! It's my referral link and when you start your fist steps I help you with it! I wait you here t.me/graphenix - ask your question! Good luck!

good news,but what is dexathon challenge?

This post is resteemed by @coe87

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