Has anyone looked into contacted The SuperNet Multigateway crew to see if there could be a NXT / NBT multigateway?
Basically this would allow NBT to be directly traded on the NXT Asset Exchange.
Has anyone looked into contacted The SuperNet Multigateway crew to see if there could be a NXT / NBT multigateway?
Basically this would allow NBT to be directly traded on the NXT Asset Exchange.
A few months ago a group of us met with the SuperNet team in their Slack channel to discuss this. We were hesitant to endorse the creation of a NBT asset on the MGW because it would require the creation of an artificial proxy “Super-NBT” asset that may or may not be maintained properly. There are all sorts of issues with proxy assets - such as potential damage to the Nu brand if a peg is temporarily lost on their platform - that make them undesirable. Creating the “Super-NBT” asset would also require the initial creation of a fixed supply of “Super-NBT”. A very large amount of “Super-NBT” would threaten the integrity of the peg on their platform if they were stolen, and a low amount of “Super-NBT” would force users to upgrade to a “Super-NBT-2” if demand increased beyond predictions.
Luckily, B&C Exchange solves the problems associated with issuing platform-specific proxy assets, because it allows trading of actual cryptocurrencies like NuBits and Bitcoin. If it works as intended, B&C Exchange will be the gold standard for decentralized exchanges.
I think I still have a NuBits proxy asset there ( http://www.mynxt.info/currency/1799810631198837597 ). As @tomjoad mentioned it needs to be maintained which takes daily attention and it hasn’t Just leave me a message if you want to play with it.