It will be far from being the fastest blockchain even if they achieve 1080 tx/sec. Since BitShare is mentioned, just look up how many tx/sec that blockchain can handle. For waves to be successful we need more ICO (im happy to see so many new ones each month), an updated DEX (cmon, it looks like an advanced hello world program), wishfully a DEX website, smart contracts, and of course new partnerships.
The Bitshare blockchain can't handle that many
transactions.
It can handle a lot of
operations but these are not signed
transactions on the blockchain.
Please elaborate
because i read a lot of different "facts".
From my understanding, Bitshares handled 3300 TXs and 14000 OPs in a stress-test in Mars (
https://steemit.com/bitshares/@ash/current-bitshares-testnet-stress-test-highlight-3300tx-14000ops). With a lot of other articles saying that they can handle 100.000 TXs.
And NEO, NEM, etc.. seems also to be in the thousands. Although i have to admit that i dont really know if im comparing apples with apples, some articles states, 10.000 or 100.000 TXs and then say things like "locally" or "with optimizations" etc. And i dont know how the waves team is comming up with these numbers and how they are performing their test.
Waves-NG will be able to handle real transactions, each of them will have an transaction ID on the blockchain.
Those can be wallet to wallet (for sending / distribution), creation of tokens / aliasses, trades on DEX (Matcher), voting, etc.
Comparing apples with oranges is hard
Great to hear its different from what i read. It would be interesting to see a real comparison with their closest competition like BTS and ETH (which supposidly became very fast after the recent upgrade), both those blockchains also have transaction IDs, wallets, DEX, token creations so a comparison of the test that waves is doing must also be possible to do on BTS and ETH?
I really think UI / UX is the most important reason for people to use Waves DEX. It's easy to use, pretty much what people are used to, and the new DEX will look better than most of the centralized exchanges.
With Waves-NG enabled on the mainnet, it will be able to handle the transactions and if needed, it will be scalable to handle even more transactions.
Try using Ethereum DEX or Openledger (Bitshares) and you'll know what I mean
Do you really think the UI / UX is good in waves DEX
?
1. The Graph: no changeable timeframe, not scrollable to the sides, hard to read volume.
2. The Search: slow input of keystrokes (you really notice it when holding in the backspace to delete a pair), nothing happens when you click enter (one would assume that the first highest matched coin would chosen if a user click enter), strange popularity search (search for waves and it will appear lowest down, after waves desk), the GUI jumpes around a lot and really doesn like it if you have waves on the wrong side of the search.
3. Orders: No way to see open orders or an easy way to se past orders
The list can go on, but since it still is in a 0.5 beta all those issues are acceptable, but saying that the UI / UX is the most important reason for using the DEX doesnt make sense for me at all.
And yes, i have used Bitshares DEX, and from what i can see on the "proposed" new waves dex design, the waves dex will look quite similar to how BTS dex is right now. BTS dex is very easy to use :S, the only confusing this is the naming of the assets, that it doesnt have more assets after these many years in operation is very scary. Havent used Etherdelta bc of the high fees (but those has decreased drastically since the update)....
However, i really do wish Waves DEX takes of and receives a lot of volume.