[ANN] peatio.com the world's first 100 percent public owned bitcoin exchange

[JimCGSavings]

The problem here is that even a sound p2p solution emerges, it will still have to depend on some sort of "gateway" (a term used by ripple).

Yes, gateways do become the next CPoF (Central Point of Failure) if you move your exchange to software, I understand.

The challenge then would be to find a way to create gateways that simply cannot be shut down, such as being too numerous or completely anonymous.

uhm...clueless noob here cause I have no idea what a "gateway" is, but what yer describing is called a smartphone. Well...as in too numerous to all be shut down at once and anonymous as in beer. I mean bitcoin anonymous. Oh nevermind. (grin)

[charleshoskinson]

gateway

Being used in the same sense as ripple's vocabulary: http://vimeo.com/63784865#at=0

[seventeen]

That's cool for own the share, looking forward to it.

[lixiaolai]

A tiny update, a new domain name acquired: peat.io (thanks to the advice from @coinage, and @davout. https://bitcointalk.org/index.php?topic=239416.msg2541072#msg2541072)

[372174788]

A tiny update, a new domain name acquired: peat.io (thanks to the advice from @coinage, and @davout. https://bitcointalk.org/index.php?topic=239416.msg2541072#msg2541072)

oh,nice!At least we've known the real meaning of the domain name!good luck peat!

[TECHICENINE]

As bitcoiners are calling for a true p2p exchange, I figure out another direction: if an exchange is 100 percent public owned, it's in essence another form of p2p.

http://peatio.com

• The team was assembled, and are now working.
• The project is funded and supported by https://bitfund.pe. (..., which is the 11th project in the portfolio of https://bitfund.pe)
• The first market will be China, one of the biggest markets in the world. (The next market will be nominated by share holders.)
• The exchange will have a client, with desktop and mobile edition. (more details will be updated)
• The exchange will sell all of its shares to the public.
• Every country or area will have it's own subdomain, cn.peatio.com, kr.peatio.com, jp.peatio.com, us.peatio.com, etc. and should have its own 100% IPO, since local traders should own local exchange.
• Once launched, the exchange will pay out dividend on a daily base.
• The shares will also be exchanged on its own site.
• The funding process will be open within two weeks, which will be parallel to the development. And the shares selling will be escrowed by John. K, or using
• a mechanism of the distributed contract ( https://en.bitcoin.it/wiki/Contracts )

@GGGGG is responsible to give more on announcements of peatio.com and https://bitfund.pe

-------------------

UPDATE 2013.06.24

A new domain acquired: peat.io [thanks to the advice from @coinage and @davout, https://bitcointalk.org/index.php?topic=239416.msg2541072#msg2541072]

i'm sorry isn't that the purpose of bitcoin software to do this?..lol

[culexevilman]

Interested, watching.

[zhangxiongfei]

Sounds great. looking forward to it.

[jimbobway]

I just signed up.  When will the shares be available for purchase?  I live in the U.S. so I couldn't fill out all of the fields (identification, qq, etc.)

[fineccis]

 I highly believe Mr.Li and expect the schedule!

[TECHICENINE]

I just signed up.  When will the shares be available for purchase?  I live in the U.S. so I couldn't fill out all of the fields (identification, qq, etc.)

shares of what?..thanks

[Tia0315]

any update?

[lixiaolai]

any update?

Still working. Let's be patient.

[zhangxiongfei]

Yes,we have to be patient!

[realdos]

We'd have to keep replying this post so OP would feel pressured to make it online asap. :-))

[lixiaolai]

We'd have to keep replying this post so OP would feel pressured to make it online asap. :-))

you got me. 

[qwk]

[hlhott]

We'd have to keep replying this post so OP would feel pressured to make it online asap. :-))

you got me. 

 

[twobits]

So, it's 100% publicly owned ?
Because the shareholder own it ?
So how is it any different than any other exchange owned by its shareholders ?

Are there any existing bitcoin exchanges which have issued shares? I'm not aware of any myself, but please let me know if there are.

I know of two off hand.

Vircurex ( https://cryptostocks.com/securities/34 ) and Crypto-Trade ( https://btct.co/security/CRYPTO-TRADE ).   A little surprised you did not find them doing your market/competitor analysis, especially Vircurex as it has been around for awhile.

[realdos]

Keep working OP and the team! We are waiting patiently~