Topic: Presenting BIT-X at the Prague Bitcoin Conference (Read 2031 times)

Quote from: Yeezus on May 15, 2015, 06:31:31 AM

bit-x really need to add something bigger than just being a cloud exchange, something like a decentralized exchange(a client for that like open bazar) would be really cool

Bit-x is a business not a charity. How would they generate profits on developing decentralised exchange?

internal escrow can set a fee(a resonable one 0.1?) there must be always an escrow even in a decentralized system, and even in the case this is automatic

If the system is reliant on central escrow (you're unable to pick your escrow), how would it be decentralised? Basically you just described how it currently works. The exchange basically act as escrow (they hold all the deposits), allow buyers and sellers to transact and charges fees for that.

well open bazaris also decentralized but they always really on an escrow(not automated, not fully at least), you can't have a perfect decentralized system, you can still call them decentralized system as long as the goods are not passed through an intermediary

Quote from: LiteCoinGuy on May 14, 2015, 10:26:03 AM

Bitcoins, Litecoins, GHS Trading & Bitcoin Mining

nice. I also like the girls Wink

I always think its kind of cheap when companies just hire some females for these sorts of things. Are they actual employees or could they actually answer questions about your business or are they eye candy just to attract men to your booth?

Quote from: LiteCoinGuy on May 14, 2015, 10:26:03 AM

bit-x really need to add something bigger than just being a cloud exchange, something like a decentralized exchange(a client for that like open bazar) would be really cool

Bit-x is a business not a charity. How would they generate profits on developing decentralised exchange?

internal escrow can set a fee(a resonable one 0.1?) there must be always an escrow even in a decentralized system, and even in the case this is automatic

Wouldn't really be decentralized if they're holding every-ones funds. Kinda defeats the purpose.

they are not holding every funds, they hold only when there is a transaction in case some dispute arise

brawker was also decentralized but they did had an escrow

Yeezus

full member

Activity: 214

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Bitcoins, Litecoins, GHS Trading & Bitcoin Mining

nice. I also like the girls Wink

I always think its kind of cheap when companies just hire some females for these sorts of things. Are they actual employees or could they actually answer questions about your business or are they eye candy just to attract men to your booth?

Quote from: NorrisK on May 15, 2015, 04:37:14 AM

bit-x really need to add something bigger than just being a cloud exchange, something like a decentralized exchange(a client for that like open bazar) would be really cool

Bit-x is a business not a charity. How would they generate profits on developing decentralised exchange?

internal escrow can set a fee(a resonable one 0.1?) there must be always an escrow even in a decentralized system, and even in the case this is automatic

Wouldn't really be decentralized if they're holding every-ones funds. Kinda defeats the purpose.

WhatTheGox

legendary

Activity: 812

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Funny to see everybody drooling over the girls.. :p you know you can meet girls when you leave your computer screen for a while?

Besides that: Nice setup!

You can meet girls at the computer also but please be advised, your experience may vary. I cannot be held responsible for any lack of quality should you choose this path.

pawel7777

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Merit: 1561