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RE: The Big Long – Update on Collapse in Bitcoin Dominance – 11/14/17
Dear @helikopterben,
I fully agree with you, the decline of BITCOIN dominance is the near horizon if the DEVs do not work against...
You talked about MONERO and ETHEREUM as the most probable candidates, what do you think about BITSHARES? it is nowadays the fastest coin in the cryptoworld...
cheers
I used to be a big fan of bitshares, but several problems exist IMO. Namely, no real incentive for market makers exists. Perhaps this has changed. I haven't looked into bitshares in a while, especially after dan larimer moved on. I think EOS has a chance to host a bitshares-type platform that will work.
Decentralized exchanges are coming, make no mistake. I like the idea of performing all operations off-chain except for settlement, which some exchanges, especially ethereum-based exchanges, are attempting. I think idex is one that is trying to do this. This will allow a user experience most closely resembling that of a traditional exchange, with the blockchain-based security properties for user funds.
I need to dig into decentralized exchanges more because that is one of the biggest killer apps of this technology.