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So who is building BitDAQ and BYSE?
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Topic: So who is building BitDAQ and BYSE? (Read 818 times)
Giulio Prisco
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So who is building BitDAQ and BYSE?
September 28, 2014, 09:58:26 AM
#1
So who is building BitDAQ and BYSE, or something like that, a full equivalent of the global stock market on the blockchain?
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Sheldor333
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Re: So who is building BitDAQ and BYSE?
September 28, 2014, 10:01:39 AM
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I didn't know it was being built. Maybe you should have given a link to those sources.
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Giulio Prisco
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Re: So who is building BitDAQ and BYSE?
September 28, 2014, 10:25:49 AM
#3
Quote from: Sheldor333 on September 28, 2014, 10:01:39 AM
I didn't know it was being built. Maybe you should have given a link to those sources.
No, it's a question, sorry I didn't make it clear. Is anyone building it?
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Re: So who is building BitDAQ and BYSE?
September 28, 2014, 11:29:01 AM
#4
Quote from: Giulio Prisco on September 28, 2014, 10:25:49 AM
Quote from: Sheldor333 on September 28, 2014, 10:01:39 AM
I didn't know it was being built. Maybe you should have given a link to those sources.
No, it's a question, sorry I didn't make it clear. Is anyone building it?
you would need a ticker and it would have to be updated in every block
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franky1
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Re: So who is building BitDAQ and BYSE?
September 28, 2014, 11:41:29 AM
#5
i have been looking into it, along with a few others. although technically it can be build (multicoin/doublechains) which has many genesis blocks all within one blockchain to trade against each other within the same blockchain ledger.
the problem is data size, and also the fact that nasdaq traders want transactions that confirm within milliseconds not 30-90seconds, or even 10 minutes. thus from a practical prospective it would not stand the test of time.
nasdaq traders will continue to want to trade 'offchain' due to efficient and effective trade ability
I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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