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RE: 🔊BitShares Hangout #56 | 2018-1-27 | Sat @200PM UTC | OpenSource Agenda [Beyondbit Raffle Powered by SP!]

in #eos-project6 years ago

Delighted that you can attend to discuss! The following example might be helpful for readers to demonstrate a use case (this example omits the the technicalities and extra steps that are required):

  • One chain (Chain A) has an asset called Apple. Another chain (Chain B) has an asset called Banana.

  • Dan has an account on Chain A and B. Nathan also has an account on Chain A and B.

  • Dan owns 1 Apple on Chain A. Nathan owns 5 Bananas on Chain B. They want to trade.

  • At the end of the ACCT, Dan will own 5 Bananas on Chain B, and Nathan will own 1 Apple on Chain A.

Items to note:

  • the traders must have accounts on both blockchains
  • an asset never leaves its native blockchain

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