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--- bitcoin:federatedmarket [2011/08/08 16:54] – donpdonp
+++ bitcoin:federatedmarket [2011/08/08 17:16] – donpdonp
@@ Line 1: / Line 1: @@
 ===== Bid/Ask Federation =====
-A distributed database (ala gnutella) of asks/bids. An ask or bid offer is created, signed, and communicated into a telehash network.
+A distributed database of asks/bids. An ask or bid offer is created, signed, and communicated into a telehash network.
 Clients can subscribe to a telehash channel and receive new offer information. Some service perhaps to catch them up on old information.
@@ Line 7: / Line 7: @@
 Another service to take query requests for those who dont want to run a client that receives offer information.
-basic distinction: are the offer records distributed or the search requests? far less traffic in distributing the offer records than distributing the search queries.
+basic distinction: are the offer records(DNS) distributed or the search requests(gnutella)? far less traffic in distributing the offer records than distributing the search queries.
-con: High latency for queries.
 ===== Escrow Service (ES) =====