BTS on top of EOS - what's the model?

cob (65)in #eos • 7 years ago

What kind of restructuring would that entail? Seems like most of what BitShares does at the moment could be done by EOS directly.

Would the BTS core asset have any purpose?
Would the BitShares Dapp on top of EOS still want to charge transaction fees?
Would every asset pair still be denominated in BTS?

I'm guessing the BitAssets like BitUSD, BitEURO, etc. would still be collateralized by BTS. But seems like EOS could be the new token that collateralizes Market Pegged Assets no?

Seems like EOS could "cut out the middleman" that is the BitShares chain (now a Dapp). I haven't put much thought into it yet and would love to have you smart people to discuss with!
Also, feel free to send me links on articles or videos that would discuss just this.

Cheers!

#bitshares #blockchain #dapp #crypto

7 years ago in #eos by cob (65)

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cm-steem (67) 7 years ago

Doubt it'll happen, there's been no BSIP written on the matter & it's a massive proposal to move BTS onto EOS, it will be a far more difficult sell than the last merger.

Sidechains/Interoperability between BTS:EOS or simply forking EOS to sharedrop onto BTS holders are more plausible.

$15.16

2 votes

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cob (65) 7 years ago

OK so say someone where to sharedrop the new EOS-DEX to BTS holders, What would that new DEX look like? What would be the purpose of the core asset? Would their even be one?

$15.40

2 votes

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slayer10 (56) 7 years ago

After a year from now, how many of the crypto parcels that everyone is now investing with great hopes will live on?
Hey! @cob I hope you see .. I just discovered you ...

$0.00

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mrsfox (53) 7 years ago

Bitshares has no inflation and entire witness system can be changed to be just about paying for oracle feeds.

Some people aren't sure about having bandwidth model for exchange where you might want to go fast for a fee rather than have to wait your turn in bandwidth model. There are many supporters to just making it a sidechain using EOS cross-chain communication.

$14.71

3 votes

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fitzgibbon (61) 7 years ago (edited)

I think that a BTS on EOS would be a fork of BTS and the original BTS would stay unchanged. A 'move' to EOS is unlikely imho.

Have you read this article:
https://steemit.com/bitshares/@slavix/should-bitshares-adopt-eos-blockchain

$14.33

1 vote

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cob (65) 7 years ago

Thanks for the link! Reading now.

$15.78

2 votes

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fitzgibbon (61) 7 years ago

Be sure to also read the comments!

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cob (65) 7 years ago

Of course! :)

Btw was a nice read. I'd love to see how they actually end up doing it. There WILL be a DEX on EOS. Might as well the one with a track record.

$13.84

3 votes

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new-yourk (42) 7 years ago

Happy new year to all and we wish all the struggle and diligence in this year to realize your dreams
Let us make this year a beautiful and happy year for all

god blesing @cob

$0.00

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lovejoy (67) 7 years ago (edited)

MUSE on top of EOS - What's the model?

My theory, and maybe this is just obvious to everyone else... is that you've been playing for time because you've been wanting to launch MUSE on EOS, which is completely understandable.

So now that EOS VC is officially funneling more than 1 Billion USD equivalent into EOS development via EOS VC - what's your move @cob?

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