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RE: Should we welcome the fork of Bitshares---Cybex?

in #beyondbitcoin7 years ago

Sort of decentralised exchanges are on the rise. Whoever wins the race; more liquidity in the market place is helpful. Perhaps this move will force BitShares to innovate more and try to stay on top.

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The interesting point here is that they recognise that that we must not be paralyzed by decentralization. Innovation and collaboration still needs to happen to get things done or we will be overtaken by slicker solutions

what are we racing to? bts dex been over 4000 btc daily volume and only one with margin still. why even bother calling it a dex if it's not decentralized. decentralization isn't some gimmick, it's solution for security that prevents minority being able to censor/edit/manipulate blockchain. if it's not decentralized for security sake to make it easier for minority to update it however they like, might as well use a centralized exchange. centralized solutions posing as decentralized put people at risk, like when ethereum developers forked the chain with only 4% support literally to just give themselves money.

Maybe Bitshares is not perfect nor as efficient as centralized application , but is a real decentralized application, and it is the paradise of anarchists. So the fans of Bitshares and the fans of cybex don't overlap.