JPDiaz85



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NewbieActivity: 4Merit: 0 Bitshares vs Waves Platform April 20, 2017, 04:31:41 AM #1 Hi everyone,



I'm new to the crypto world and have been looking into investing into the idea of a decentralized exchange. I've been doing some research and I can't seem to understand the major differences between Bitshares and the Waves Platform. Could anyone explain why one would consider investing in one and not the other? What are the pros and cons of each? Will it be possible to trade stocks, commodities, currencies, or cryptocurrencies on theses in the future?



Thanks in advance!

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LegendaryActivity: 1456Merit: 1025In Cryptocoins I Trust Re: Bitshares vs Waves Platform April 20, 2017, 05:05:24 AM #2



On the Bitshares DEX you trade autonomous derivatives that use free market dynamics combined with price feeds to track the value of their real-life counterparts. There is some systematic risks involved with Smartcoins and you need to (at least temporarily) go through gatekeepers to get on and off the exchange. It does have decent volume though, and can handle more transactions per second than almost any other coin.



On the Blocknet DEX you trade the actual assets with no intermediaries (BTC, LTC, etc), but you will have to download the full blockchain of each coin you trade on the DEX and have each wallet running simultaneously. It is still in alpha, available on the test net only, and will probably not have any significant volume for some time.



Pick your poison. On the Waves DEX you trade IOUs setup and stored by a gatekeeper which utilizes multisignature addresses, and you can deposit/withdraw actual BTC, etc., but the trading is done in IOUs. Since you are trading IOUs, there is the chance of default. It has a nice easy you use and pretty wallet, and decent volume for just being released earlier this month.On the Bitshares DEX you trade autonomous derivatives that use free market dynamics combined with price feeds to track the value of their real-life counterparts. There is some systematic risks involved with Smartcoins and you need to (at least temporarily) go through gatekeepers to get on and off the exchange. It does have decent volume though, and can handle more transactions per second than almost any other coin.On the Blocknet DEX you trade the actual assets with no intermediaries (BTC, LTC, etc), but you will have to download the full blockchain of each coin you trade on the DEX and have each wallet running simultaneously. It is still in alpha, available on the test net only, and will probably not have any significant volume for some time.Pick your poison.

Mallyx



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Hero MemberActivity: 1064Merit: 554 Re: Bitshares vs Waves Platform April 20, 2017, 06:39:02 AM #3 in a real time .

You can create and trade anyToken VS anyToken.

You don't need to download the blockchain.



The new UI is coming soon:



Waves DEX has Matcher which can complete ordersYou can create and trade anyToken VS anyToken.You don't need to download the blockchain.The new UI is coming soon:

housebtc



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Sr. MemberActivity: 588Merit: 252 Re: Bitshares vs Waves Platform April 20, 2017, 07:27:53 AM #5 Quote from: CoinHoarder on April 20, 2017, 05:05:24 AM



On the Bitshares DEX you trade autonomous derivatives that use free market dynamics combined with price feeds to track the value of their real-life counterparts. There is some systematic risks involved with Smartcoins and you need to (at least temporarily) go through gatekeepers to get on and off the exchange. It does have decent volume though, and can handle more transactions per second than almost any other coin.



On the Blocknet DEX you trade the actual assets with no intermediaries (BTC, LTC, etc), but you will have to download the full blockchain of each coin you trade on the DEX and have each wallet running simultaneously. It is still in alpha, available on the test net only, and will probably not have any significant volume for some time.



Pick your poison.

On the Waves DEX you trade IOUs setup and stored by a gatekeeper which utilizes multisignature addresses, and you can deposit/withdraw actual BTC, etc., but the trading is done in IOUs. Since you are trading IOUs, there is the chance of default. It has a nice easy you use and pretty wallet, and decent volume for just being released earlier this month.On the Bitshares DEX you trade autonomous derivatives that use free market dynamics combined with price feeds to track the value of their real-life counterparts. There is some systematic risks involved with Smartcoins and you need to (at least temporarily) go through gatekeepers to get on and off the exchange. It does have decent volume though, and can handle more transactions per second than almost any other coin.On the Blocknet DEX you trade the actual assets with no intermediaries (BTC, LTC, etc), but you will have to download the full blockchain of each coin you trade on the DEX and have each wallet running simultaneously. It is still in alpha, available on the test net only, and will probably not have any significant volume for some time.Pick your poison.

Both Waves and Bitshares use IOU tokens, they have depend on gateways to hold the tokens and the only true decentralised exchange is Bitsquare. Both Waves and Bitshares use IOU tokens, they have depend on gateways to hold the tokens and the only true decentralised exchange is Bitsquare.

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LegendaryActivity: 1456Merit: 1025In Cryptocoins I Trust Re: Bitshares vs Waves Platform April 20, 2017, 12:38:43 PM #7 Quote from: housebtc on April 20, 2017, 07:27:53 AM Both Waves and Bitshares use IOU tokens



Actually, you made me realize that my description of Bitshares is selling it short.



Yes, both Waves and Bitshares use IOUs. But Bitshares has both IOUs in the form of Open Ledger tokens and derivatives in the form of Smartcoins. The latter is much less like an IOU than the former, because its value autonomously secured by smart contracts on the blockchain, and IOUs are secured by gateways using multisig addresses. There's a big difference there.



I agree Blocknet is probably the most decentralized, but it is still a ways out. Initially you will need to download the full blockchain of the coins you trade until support for SPV wallets is integrated. That could take a while. Then, it will still struggle for volume once it becomes a reality. It takes DEXs a long time to ramp up volume. Bitshares' current volume took 3 years to build.



I can't find any market data on Waves' exchange...



They all have their own strengths and weaknesses. Only time will tell what option will win out, or if a new one will emerge that crushes all three of them. Actually, you made me realize that my description of Bitshares is selling it short.Yes, both Waves and Bitshares use IOUs. But Bitshares has both IOUs in the form of Open Ledger tokens and derivatives in the form of Smartcoins. The latter is much less like an IOU than the former, because its value autonomously secured by smart contracts on the blockchain, and IOUs are secured by gateways using multisig addresses. There's a big difference there.I agree Blocknet is probably the most decentralized, but it is still a ways out. Initially you will need to download the full blockchain of the coins you trade until support for SPV wallets is integrated. That could take a while. Then, it will still struggle for volume once it becomes a reality. It takes DEXs a long time to ramp up volume. Bitshares' current volume took 3 years to build. https://coinmarketcap.com/exchanges/bitshares-asset-exchange/ I can't find any market data on Waves' exchange...They all have their own strengths and weaknesses. Only time will tell what option will win out, or if a new one will emerge that crushes all three of them.

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Hero MemberActivity: 1064Merit: 554 Re: Bitshares vs Waves Platform April 20, 2017, 01:55:32 PM #8 Quote from: CoinHoarder on April 20, 2017, 12:38:43 PM I can't find any market data on Waves' exchange...



Not yet,

the DEX released about 1 week ago and is still minimalist. But working as intended (= instant DEX).

The next version should provide all the mandatory data (volume, changes, etc).

And we still have to wait for the services (like Coinmarketcap) to collect the data. Not yet,the DEX released about 1 week ago and is still minimalist. But working as intended (= instant DEX).The next version should provide all the mandatory data (volume, changes, etc).And we still have to wait for the services (like Coinmarketcap) to collect the data.

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LegendaryActivity: 2100Merit: 1167MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG Re: Bitshares vs Waves Platform April 20, 2017, 02:14:56 PM #9 All have something better than centralised market making exchanges to offer.



From them all I will go for blocknet once it is out. People are getting sick and tired of the insider dealing of the centralised exchanges.



I invested in all of these a bit and don't mind which we go for. However blocknet will 100% be my favourite once its is working as it is planned to work eventually. I just like concept more than the others by far. Once it is complete and people get used to it then I think they will love it.



If you want a fully trustless arena for crypto then dex are essential.



Any of those are okay but a person i have learned to listen to over the years says atomic trade is the way to go and that is blocknet's solution.



As always holding a bit of all of them can't hurt can it.



Also i think komodo is aiming at their version of a dex so can throw them into the mix too perhaps.

https://bitcointalk.org/index.php?topic=1764757.0 https://bitcointalk.org/index.php?topic=2829282 https://bitcointalk.org/index.php?topic=4895354.0 https://bitcointalk.org/index.php?topic=5098315.0 https://bitcointalk.org/index.php?topic=5105851.0 https://bitcointalk.org/index.php?topic=5110041.0 MY RED TRUST WAS LEFT BY UNTRUSTWORTHY SCUM BAGS CHECK

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Full MemberActivity: 235Merit: 100 Re: Bitshares vs Waves Platform April 21, 2017, 01:45:55 AM #11 . Something you will have to consider also is if these platforms can scale. Waves team says the platform can scale to ~1000 transactions per second, also i heard that Bitshares scales very well...but actually we will only know for sure when they are working in real time. I bet on the Waves Platform as it easy to use, there is not need to download any blockchain...you just run it and you are ready for trading. I think they have this cool vision to build something easier for starters, not only on tokens creation but also on the dex part without missing the more complex features needed for professional traders. Also smart contracts over Waves platform are planned on their roadmap, these things might be key for the success of the project.



Interesting times ahead, there are many gaps to fill on the blockchain area and certainly descentralized trading is one of them as of the recent buzz on Bifinex issues. Interesting discussion here, i liked. Something you will have to consider also is if these platforms can scale. Waves team says the platform can scale to ~1000 transactions per second, also i heard that Bitshares scales very well...but actually we will only know for sure when they are working in real time. I bet on the Waves Platform as it easy to use, there is not need to download any blockchain...you just run it and you are ready for trading. I think they have this cool vision to build something easier for starters, not only on tokens creation but also on the dex part without missing the more complex features needed for professional traders. Also smart contracts over Waves platform are planned on their roadmap, these things might be key for the success of the project.Interesting times ahead, there are many gaps to fill on the blockchain area and certainly descentralized trading is one of them as of the recent buzz on Bifinex issues.

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Hero MemberActivity: 574Merit: 500 Re: Bitshares vs Waves Platform April 21, 2017, 01:48:16 AM #12 I've only used Bitshares.



And it's pretty nice, if you issue an asset you can short it.



I also hold a lot of assets, like BitUSD and BitCNY. You even get a pretty nice annualised interest on your balance. ANd better yet, you can settle it anytime, or trade it for Bitshares. Bitshares price is actually pretty stable at this moment.

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LegendaryActivity: 1456Merit: 1025In Cryptocoins I Trust Re: Bitshares vs Waves Platform April 21, 2017, 05:24:06 AM #14 Quote from: PondSea on April 21, 2017, 03:54:30 AM



KMD Dex will use atomic swaps and not IOUs

Well there is NXT that does tokens as well.KMD Dex will use atomic swaps and not IOUs

It is hard for me to take Komodo seriously, or more specifically jl7777.



He has started about 100 crypto projects, all of which he asked for and received funding, and he never seems to finish any of them.



https://nxtforum.org/nxtventures/



Is like a graveyard of failed projects...



Bitcoindark

Supernet

InstantDEX

NxtCoinsco

Pangea

NxtPrivacy

PrivateBet

ATOMIC

Skynet

NeoDice

Omnigames



I am probably missing a few too... Were any of these actually completed as advertised? Some were completed to the point of being barely functional, but I wouldn't really count that as truly following through and protecting his investor's best interests. If history tells us anything, then Komodo will be much of the same.



It is hard for me to take Komodo seriously, or more specifically jl7777.He has started about 100 crypto projects, all of which he asked for and received funding, and he never seems to finish any of them.Is like a graveyard of failed projects...BitcoindarkSupernetInstantDEXNxtCoinscoPangeaNxtPrivacyPrivateBetATOMICSkynetNeoDiceOmnigamesI am probably missing a few too... Were any of these actually completed as advertised? Some were completed to the point of being barely functional, but I wouldn't really count that as truly following through and protecting his investor's best interests. If history tells us anything, then Komodo will be much of the same.

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Full MemberActivity: 350Merit: 118 Re: Bitshares vs Waves Platform April 21, 2017, 10:40:36 AM

Last edit: April 21, 2017, 11:16:22 AM by Mt. Gox #16 Quote from: CoinHoarder on April 21, 2017, 05:24:06 AM Quote from: PondSea on April 21, 2017, 03:54:30 AM



KMD Dex will use atomic swaps and not IOUs

Well there is NXT that does tokens as well.KMD Dex will use atomic swaps and not IOUs

It is hard for me to take Komodo seriously, or more specifically jl7777.



He has started about 100 crypto projects, all of which he asked for and received funding, and he never seems to finish any of them.



https://nxtforum.org/nxtventures/



Is like a graveyard of failed projects...



Bitcoindark

Supernet

InstantDEX

NxtCoinsco

Pangea

NxtPrivacy

PrivateBet

ATOMIC

Skynet

NeoDice

Omnigames



I am probably missing a few too... Were any of these actually completed as advertised? Some were completed to the point of being barely functional, but I wouldn't really count that as truly following through and protecting his investor's best interests. If history tells us anything, then Komodo will be much of the same.





It is hard for me to take Komodo seriously, or more specifically jl7777.He has started about 100 crypto projects, all of which he asked for and received funding, and he never seems to finish any of them.Is like a graveyard of failed projects...BitcoindarkSupernetInstantDEXNxtCoinscoPangeaNxtPrivacyPrivateBetATOMICSkynetNeoDiceOmnigamesI am probably missing a few too... Were any of these actually completed as advertised? Some were completed to the point of being barely functional, but I wouldn't really count that as truly following through and protecting his investor's best interests. If history tells us anything, then Komodo will be much of the same.

This link might be of interest to you:



http://support.supernet.org/topic/has-james-jl777-abandoned-his-projects-in-the-past-how-many-icos-has-he-done



MGW (multi-signature gateway for converting BTC and LTC into tradeable tokens on AE and vice-versa), jl777hodl (crypto investment fund), and NXTventure (crypto investment fund) were his fully completed projects. A lot of the other ones were linked to the NXT platform which jl777 has moved away recently from due to disagreements with their core devs. Many are still under various stages of development but they won't be based on NXT anymore. This link might be of interest to you:MGW (multi-signature gateway for converting BTC and LTC into tradeable tokens on AE and vice-versa), jl777hodl (crypto investment fund), and NXTventure (crypto investment fund) were his fully completed projects. A lot of the other ones were linked to the NXT platform which jl777 has moved away recently from due to disagreements with their core devs. Many are still under various stages of development but they won't be based on NXT anymore. Dear GOD/GODS and/or anyone else who can HELP ME (e.g. MEMBERS OF SUPER-INTELLIGENT ALIEN CIVILIZATIONS): The next time I wake up, please change my physical form to that of FINN MCMILLAN of SOUTH NEW BRIGHTON at 8 YEARS OLD and keep it that way FOREVER. I am so sick of this chubby Asian man body! Thank you! - CHAUL JHIN KIM (a.k.a. A DESPERATE SOUL) P.S. If anyone is reading this then please pray for me! [ www.chauljhin.com

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Hero MemberActivity: 570Merit: 500 Re: Bitshares vs Waves Platform June 03, 2017, 02:05:37 AM #19



Bts has the only trustless pegged currencies, decentralized dex with margin, many options for gateways for 6 different fiat currencies and so on





No good reason to use waves over bts.Bts has the only trustless pegged currencies, decentralized dex with margin, many options for gateways for 6 different fiat currencies and so on