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by daics 3338 days ago
https://oasisdex.com/ is a decentralized OTC exchange for Ethereum tokens that has been successfully running for a year on Ethereum(without getting hacked!) No fees for transactions other than gas costs.

I know you can do it on Bitcoin too, but has anyone done it? It took a team less than 2 months to build this OTC market on Ethereum.

Bitcoin can do one type of money with extremely rigid parameters that is volatile and not efficient for payment transfers. Ether is similar but at least has lower transaction costs, but Ethereum is well on it's way to host a hundred other types of money by the end of 2017.

1 comments

You made such a long comment and could not name one thing that ethereum can do but bitcoin cannot. People using that decentralised exchange have either lost money during the ethereum forks (or haven't because oasisdex is not really decentralised if you look closer?)

>Ether is similar but at least has lower transaction costs

Myth. Do the math. Ethereum is much more expensive at similar parameters.