RE: Should Bitshares adopt EOS blockchain? by oxarbitrage

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bitshares · @oxarbitrage · Oct 16 '17

Just a small comment here, bitshares is already taking the best from steem. Just last week we  added some changes in the p2p code from steem into bitshares(https://github.com/bitshares/bitshares-core/pull/412). We do this all the time, we are always consulting steem codebase, copying them, seeing how they solved stuff and if their improves can fit. Not everything they do will fit us, they are chains created for different purposes but  they are sister projects always in coordination.

I have the feeling that the same is going to happen with EOS, bitshares for sure will get the best of them and implement into its already live blockchain. 

In regards to what of the 3 options are going to be the best for bitshares-eos integration i am honestly not sure yet. I will have an opinion but by now i am more in the side of stay separated until i do more research on it.

👍 deepee

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@slavix · Oct 16 '17

How about dropping transaction fees in favor of metered model for Bitshares? 
Any support for this idea?
How about bringing SMTs to Bitshares?

👍 needmorefat, prosieben

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@oxarbitrage · Oct 16 '17

i honestly don't see the bitshares community discussing this 2 items at this time at least:
- the fees is how the blockchain makes money to pay workers(development and advertising) and witnesses(block validators), the project will not survive without them.
- with SMT i suppose you mean https://smt.steem.io/ i honestly don't see how that can fit bitshares. whatever is the case i don't see the bitshares community even considering it at this time.

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@oxarbitrage · Oct 16 '17

i do see however a logical interest on getting bitshares into EOS or something like that even if nobody know yet how it will be done. It is good to have this discussions and start thinking on a roadmap on how that it will work, by now,  there is no clear consensus.

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@slavix · Oct 17 '17 (edited)

If wanted, Bitshares can adopt same metered model  for transactions (maybe only some, transfer for example) used by Steem and EOS. Removing transaction fees would improve usability.
If Bitshares could issue SMTs, it could compete for the same market as Steem SMTs.
In my opinion Bitshares is already falling behind latest in blockchain tech after Steem came out and with EOS development, Bitshares must adopt better tech to stay relevant.
SMT is essentially a custom UIA and if Bitshares does not want to get passed as an option for ICOs it needs more flexibility and more custom UIA options.

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3 replies