My openledger experience

in bitshares •  7 years ago 

Every since i bought obits i for some reason have been using openledger more and more. Maybe is it bc in my mind i am helping to increase openledger volume? IDK! But anyway i been using some of my sbd to but coins on openledger and here is buy review.Obits if you don't know is openledger version of kucoin shares but paid in bitusd and 50% share. Anyways.....
One I was impressed by the speed of the site. For I really thought a decentralized exchange would be slow. The buy order I could pick what coin to take the fees from. Since i don't want to touch my Bitshares i pick the coin i trade. A part i hate about openledger is that to cancel orders you have to freaking pay to cancel it!
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What! This thing needs to be fixed? What good exchange charges you to cancel orders. Ok it might be the blockchains fault of why is that there? Seems so dumb.
Also I dislike the fact that not many good coins are there. I never heard of some of the coin listed in openledger. More coins need to be added. How much is the list fee?
Also there really needs to by a gude/faq thing added to openledger. I had to look at freaking steemit posts to see how to use it!
Also a better UI needs to be made- the UI looks ugly or is just me?

But other than those I see huge potential in openledger/bitshares.
While I point the negatives-it just the way I am. I like to point out flaws.
If I had said anything wrong or can be fixed tell me :)

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I don't believe that they can change paying for cancel order because bitshares work like that and they are on top of bitshares. They miss mobile app and liquidity. Many coins have low volume and big spread between buy and sell. For me UI is not bad and they are improving every month. You can even reach founder of OpenLedge, Ronny Boesing on Telegram and ask him what you want, he will answer. Overall, project miss some things but it has bright future. There is high chance that they will transfer platform to EOS in future and there is no fee on EOS so then canceling orders will be free :-)

I do agree openledger has so much potential. I tried other bitshares exchange and they had the same thing which proved that it was the bitshares chain fault. I probably should join the telegram can I have the link?
Anyway, Actually Dan said he will help Bitshares have EOS tech so openledger might actually stay in bitshares.

Didn't know that Dan said that. Here is telegram link: https://t.me/OpenLedgerDC

Thanks. That is his father Stan.

Yeah i know i can't find the linl where dan said he will help but stan link link is close enough to my point.

I read somewhere that he was angry and left Bitshares because he wanted small inflation and others didn't approve that. EOS will have around 5% inflation, STEEM has decreasing inflation also. I hope hi will help Bitshares because I really like project. I wrote to Stan that they should do better marketing because I don't like that everybody thinks about Bitshares as exchange only and that token can do so much more but Stan don't think like me... With Justin Sun hype BTS would be bigger than ETH :-)

Its because every bitshares action is done on the blockchain and is part of a block, like when you send bitcoin to somebody, if you want to save costs than just get a lifetime membership and transactions will be something like (0.0000056 bts) wich would be like 1/50th of a cent, and you even get a large part of it back through the vesting system.

This is a system that needs to be in place, these bitshares dont just disappear but go to the treasury used for worker proposals, and this is what it means to be a dex, every action is recorded onto the blockchain and nobody can mess with that.

Bitshares using eos tech will be better for dex can't wait for bitshares 3.0

Mmh, I guess that I also have to look into Obits.
Each passive income helps building the future fortune!

You can read about obits in my fee share post:
https://steemit.com/bitcoin/@sames/fee-sharing-exchanges

Interesante la información, estaré en contacto ya que estoy involucrado en el tema.

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