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Corrected Abstract
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xeroc committed Oct 29, 2015
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43 changes: 11 additions & 32 deletions bitshares-financial-platform.tex
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\maketitle

\begin{abstract}%
Ever since Satoshi Nakamoto released his whitepaper and corresponding software
for bitcoin, the cryptocurrency ecosystem grew rapidly. Bitcoin created an
ecosystem which everybody could use to \emph{transfer} value without
unnecessary middlemen, banks or counterparty risk. Having the blockchain
and consensus technology established and proven stable, the question arose
whether this technology could be applied to allow \emph{trading} of multiple
assets without the need for a broker or central entity.
% Several so called bitcoin 2.0 projects (among which are BitShares 1.0, NXT,
% Counterparty, Ethereum, \dots) showed the feasibility (DEX).
The aim of BitShares 2.0 is to evolve the term \emph{decentralized exchange}
(DEX) and not only provide trading of assets but also offer classical
financial instruments on the blockchain. Two of these instruments --- market
pegged assets and user-issued assets --- are discussed here.
% With price stable digital tokens such as bitUSD, a whole new set of
% financial contracts are now directly available through the decentral
% exchange.
Since the time Satoshi Nakamoto released his whitepaper and corresponding
software for bitcoin, the cryptocurrency ecosystem has grown rapidly. Anyone
can now \emph{transfer} value without unnecessary middlemen, banks, or
counterparty risk. With the blockchain and consensus technology established
and proven stable, the question has arisen whether this technology could be
applied to allow \emph{trading} of multiple assets without the need for a
broker or central entity. The aim of BitShares 2.0 is to evolve the term
\emph{decentralized exchange} (DEX) and not only provide trading of assets but
also offer classical financial instruments on the blockchain. Two of these
instruments --- market pegged assets and user-issued assets --- are discussed
here.

\end{abstract}

% Abstract—Since the time Satoshi Nakamoto released his
% whitepaper and corresponding software for bitcoin, the
% cryptocurrency ecosystem has grown rapidly. Anyone can
% now transfer value without unnecessary middlemen, banks,
% or counterparty risk. With the blockchain and consensus
% technology established and proven stable, the question has
% arisen whether this technology could be applied to allow
% trading of multiple assets without the need for a broker or
% central entity. The aim of BitShares 2.0 is to evolve the term
% decentralized exchange (DEX) and not only provide trading
% of assets but also offer classical financial instruments on
% the blockchain. Two of these instruments -- market pegged
% assets and user-issued assets -- are discussed here.



\section { Introduction } \input { content/fp }

\section { Market Pegged Assets (MPA) } \input { content/fp-mpa }
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