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RE: 👻 Anonymity and decentralization: an application for the stealth (hidden) transactions of the Graphene / Bitshares / Steem
Thanks for sharing. At the moment, Bitshares seems a bit complicated to me...But the potential seems to be there...and open ledger too for that matter. I like things as simple as possible. I realize often times simplicity is the result of breaking down the complex math. Understanding all the concepts, relationships dynamics. Can you explain to me the basic function of Bitshares versus Open Ledger. Do i have it right that open ledger is just the trading of coins via buy and sell orders? Further explanations would help me. Thanks.
In fact, this is the same thing.
https://openledger.io/market/BTS_USD
https://bitshares.org/wallet/#/market/BTS_USD
And here is the same entry point in Russian from @blockchained
https://market.rudex.org/market/BTS_RUBLE
These are just access points to a single Decentralized market. They are the same in terms of functionality.
OpenLedger also provides gateway services for entering and withdrawing traditional money. This gateway functionality is available on all these exchanges.
By the way, the account of the @openledger is on Steem and you can use it for transfers to the exchange. (For this you need to get a unique memo associated with your account on the page https://openledger.io/deposit-withdraw/
And You can send a STEEM / SBD
Basically yes. As on the ordinary exchange.
But also you have a number of advantages inherited from the DPOS paradigm.
You can take part in the formation of a decentralized society, take part in voting for members of the committee and witnesses.
You can also issue your own asset coins and tokens on a decentralized exchange! And in the future there will be smart contracts based on EOS
Thank You So Much for this detailed response. Grateful.