P2P Finance and Betting: Appeal to developers!

[deliciousowl]

What do you imagine would be the most pivotal feature or opportunity that Bitcoin-based (decentralized) finance can provide?

I'm especially curious about ideas that have not been put into practice. Prediction markets? More complex turn-based games? Advanced financial instruments... automatic DEX trading. I think there's a serious amount of potential here going unused.

PS:
I've noticed a lot of repetition (people reinventing the wheel) lately, in terms of p2p finance. I think it's important to show that reliable tools already exist. If you are thinking of making a project that requires issuance of tokens, trading, betting or other financial tools. Please head over to https://github.com/CounterpartyXCP/counterpartyd.

[BetMoose]

I think the coolest part about a decentralized currency, and something that is underplayed right now in the bitcoin space is the control you get over value.

For example at our site, https://www.betmoose.com, we enable people to run their own book (like a sportbook) for free with no setup required except an email and an anonymous bitcoin deposit. This let's people create and share their 'bets' about anything and even run their own front-end website based on our back-end.

And because it's bitchin, it's legal and you're immediately exposed to a global market (albeit a tiny one currently).

The issue right now for any P2P exchanges is getting traction and realizing the benefits of many active users..

[Bitcoinpro]

looks like SHA256+secp256k1 ECDSA will be safe for the time being going by the market

[Marlo Stanfield]

Well there's a ton of different projects offering decentralised exchanges beyond just Counterparty. Although they may have been the first? Not sure.

The Bitcoin community by and large seems to largely ignore any innovation in spaces that are not strictly Bitcoin related. Some of the Bitcoin devs like Peter Todd and Greg Maxwell seem to make an effort to keep informed on new tech though.

[deliciousowl]

Well there's a ton of different projects offering decentralised exchanges beyond just Counterparty. Although they may have been the first? Not sure.

The Bitcoin community by and large seems to largely ignore any innovation in spaces that are not strictly Bitcoin related. Some of the Bitcoin devs like Peter Todd and Greg Maxwell seem to make an effort to keep informed on new tech though.

Yeah, Peter Todd is involved in a lot of 2.0 projects and is always helping Counterparty with his security audits. He seems to always try to stay ahead of the curve. What a great attitude to have in this field.

[Marlo Stanfield]

Well there's a ton of different projects offering decentralised exchanges beyond just Counterparty. Although they may have been the first? Not sure.

The Bitcoin community by and large seems to largely ignore any innovation in spaces that are not strictly Bitcoin related. Some of the Bitcoin devs like Peter Todd and Greg Maxwell seem to make an effort to keep informed on new tech though.

Yeah, Peter Todd is involved in a lot of 2.0 projects and is always helping Counterparty with his security audits. He seems to always try to stay ahead of the curve. What a great attitude to have in this field.

Yes, it's really great to have people who actually care about the progression of cryptocurrencies as a whole, and not just concerned with keeping their Bitcoin investment safe from competitors.

Everyone benefits from technology, people in Bitcoin should open their eyes and ears a little bit to whats happening outside their own ecosystem. The last 10 months have been amazing for technology in the crypto space.

[2017orso]

QEcoin anyone? - http://www.gizmag.com/super-secure-quantum-data-encryption-lanl/33660/

Sure does seem like this is just the beginning, looking forward to seeing what Bitcoin morphs into, if IT will be its own successor 10, 20 years from now, or if there is a cataclysmic shift of energy to a true competitor.