I think EOS was launched on Ethereum rather than on Bitshares because of network effect. That is just traditional economics. The old have to bootstrap themselves with the new. The same way Bitshares was listed at Bittrex, while Bittrex is not listed at Bitshares. Here is Wikipedia definition of network effect: A network effect is the effect described in economics and business that one user of a good or service has on the value of that product to others. When a network effect is present, the value of a product or service is dependent on the number of others using
RE: Which Cryptocoin Could Overthrow Bitcoin?
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Which Cryptocoin Could Overthrow Bitcoin?
Bittrex could never be listed on the BitShares exchange because Bittrex isn't a token. It's just an exchange. BitShares is an exchange, currency, bank, etc.
I absolutely agree that EOS uses Ethereum due to the network effect. Well said.
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Oh but how fucking cool would it be for someone with shares in Bittrex to UIA them onto Bitshares..
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That could be a lucrative idea, but that would mean Bittrex would need to disclose their income to justify the token value. I doubt they would ever do that.
Am I wrong in my thinking?
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