That's why I did not work as a university professor, if not I would have put my students to sleep and nobody would have understood anything.
The proof is that I start again.
I don't like professors either.
Yes Bitsquare and NVO are close, so does the other decentralized exchanges. Except that NVO's revolution is that it will be up to the community to decide which coins are going to be traded, not to NVO. The trading fees will be lower as it will consist of the TX fees plus exchange fees of 0.2%. It is like for Bitcoin, as he won't ask the websites to add him, it is the websites who add Bitcoin as a payment method. That's how the plugin system will enable the support for more coins, the community will add them.
I do like the modular aspect behind the system, which is yet to be seen in this ecosystem.
The second revolution is the Validator as it is a solution for decentralized offline trading, which is the main issue with decentralized exchanges, and the main advantage of centralized exchanges.
NVO is like Mac or Linux, while centralized exchanges are like Windows, The developers could understand this comparaison.
Third advantage, NVO won't be able to fake volume as there won't be the possibility to add remote automated trading as the wallet will be the gateway. The centralized platforms use to give an API to remotely trade on their platform, which lets them use shadow bots to fake volumes, while they are covered by TOS as their resposibility is limited.
The video which was released helped with briefly understanding the difference between (as I still don't have time to read the whitepaper). This sounds very good. Thanks for answering.
I also do not think this is a money grab out right.
They are clearly have an escrow and a development timeline. I do agree their messaging is a bit minimal but sometimes thats not worth scrutinizing.
If they time is essentially very limited at the moment, I'd find it better to focus on development and whatnot rather than communicating (which can be often a waste of time due to e.g. repetitive questions). Just be patient. The crowdsale starts soon, and I'm sure that they will answer whenever possible.
