We are the adventures who will never stop exploring and creating our own path in life. This is a presentation on what has already been created (in a days work by a novice dev) and what we the explorers want to enable our further journey into the unknown.
Scythian's already know the BitShares Graphene blockchain is without a doubt the most robust high performance secured chain in the land, but the crowd tends to follow the money. Central Bank run Ethereum will continue to build cities for the hoards of people who need brainless function applications. Rather than just putting all of our effort in trying to out code them with stupid-simple UX, lets also exploit every opportunity to build secure/autonomous bridge that allows free access between the two chains.
Here is a walk through of our Trezor https://wallet.trezor.io sending one BTS [eth-bts] to a ETH Parity https://github.com/paritytech/parity with BTS in our control:
Travel through the land of Ether and back home to our home land of BitShares Graphene
Trezor controlled myethereumwallet with BTS already in it
Trezor Private Key access
![trezor signed broadcast BTS Tx.png]
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Transaction Broadcasted over Ethereum network sending 1 BTS (eth-bts)
![parity received bts.png]
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Transaction Details *Notice BTS ERC20 token recognized
BTS received in Parity wallet!
Now we will travel home to the Graphene Blockchain
Select our BTS to send
This is the one complex thing to the whole path. We need a smart contract that fingerprints dex-bts to eth-bts so as one enters from one side it is hard coded to only release when the eth-bts mirror returns; and vice versa. We will transfer over control of the entire BTS created on Ethereum to whatever contract is ready for this complex operation.
Received from the bridge (Autonomous Gate Way contract) and now BTS controlled by Graphene wallet. We have selected ruDEX interface to further show off the diversity growing everyday in the greatest Decentralized Exchange (DEX) to ever be built and running.
Now this can be done in the exact opposite direction
sending with memo to instruct the bridge
There is our story of where we are dreaming. @dantheman @dan @OpenLedger or other Flee Builders..........we need this ship to ferry us to the farthest reaches of the galaxy.
The best and brightest of the Graphene community could do a ETH and BTS crowd fund to pay for the effort and offer dividends on the small transaction fee this new bridge/gateway/side-chain
Imagine if users had free open access to both worlds where there is more than enough room in the galaxy for both. We think the best technology will be different for everyone. Our bet is on BitShares and stuff like this:
Echo BitShares centered app https://my-echo.com/
and Openledger's debit card BTS account
https://steemit.com/blockchain/@bloggersclub/openledger-and-bitshares-your-security-in-mind
When considering the amount of new users generated by central bank funded million dollar marketing campaigns for Ethereum's coming applications, why not open BTS users to all of those too. Using a map similar to what we have demonstrated above, sending a users bitUSD on their ethereum run Token wallet to their DEX account to be traded should be only limited by how fast the networks will operate.
https://www.tokenbrowser.com/
http://tokencard.io/
This is great and one of the best articles ive read recently. I absolutely agree we should create bridges between bts and eth, seems like an obvious win-win. great job.
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