Wondering what is BitShares?
A high level and simple run down .. like a boss!
Digital Asset Exchange
BitShares is a decentralized asset exchange. With one account wallet funded with your BTS, you have full access to a native trading app and many other gateways to dApps or other exchanges and currencies. Listed on the DEX are many assets, some of them native (Smart Coins pegged to dollar values) and also including withdraw/deposit gateways to other exchanges or crypto wallets.
Price-Stable Cryptocurrencies
A SmartCoin is a cryptocurrency with its value pegged to a real-world asset such as USD or Gold. Merchants can price in their native currency, and by accepting crypto payments have real-time valuation and then conversion to a digital equivalant such as 'bitUSD'.COMING SOON - AGORISE - Full post about new merchant platform on BitShares!
Blazing Fast
BitShares is fairly well proven and known as a very busy blockchain in real use today. On any given day, currently signing over 1 million transactions over a $100 million+ volume, without touching the sides of it's capacity. regardless of figures quoted '3300 per second' or '100 thousand with the network infrastructure to go with it'. BitShares is VERY much faster than any known blockchain apart from Steemit, which is almost the same tech.
Fun fact ~ just in case you are a newbie ~ BitShares was invented shortly before Steemit.Com, by the same very man - @Dan 'Bytemaster' Larimer
Token Factory - BYO Assets, Roll-your-own crypto ...
User-Issued Assets. Entrepreneurs issue their own cryptocurrency smart tokens, which could be for any wide variety of purposes. Event tickets, company shares, crowd-funding, loyalty/credits are just a few very simple examples. Technically superior to ETH ERC-20 tokens, just BitShares is way less known about.
Payments And Referrals
BitShares is a comprehensive payments network for businesses with which you can even set-up automatic subscriptions and recurring fees. Not to forget, multi-signature wallet features for business/ organizations. In addition, Lifetime Members receive 80% fees cashback (making fees so low they are virtually free), plus earnings from anyone you sign-up (1st level only).
No Mining (DPoS)
Unlike Bitcoin, controlling of the network by monopolizing the mining power is not possible in BitShares. Known as a 'DPOS' system, there is no mining. Witnesses (aka by definition 'delegates' having 'proof of stake' instead of 'proof of work')/ It's an incredibly effiecient system, fast, and light on computing resources.
Migrating from CEX or just starting out crypto trading?
Click to reserve your named account on the BitShares Decentralized Exchange today.
For some in-depth coverage of bitshares see @apasia.tech
More Gold Variety decorative stickers
I like Bitshares.. I think it has a bright 2018 ahead :)
Yesterday I heard about EOSfinex and it could be huge...
https://steemit.com/cryptocurrency/@greensmile/bitfinex-on-eos-platform-eosfinex
Thanks. Yes EOSFinex is sure an exciting prospect. However, it is several months out from first EOS release. It is unclear will that be an all-crypto DEX, or an EOS (ERC20/UIA) exchange only?
I really like Bitshares but wonder if EOSfinix could supercede it ? The way I read the article it will be platform for all crypto exchanges
I think there will be a place for BitShares, and EOS will likely be a platform for all crypto so that includes BitShares.
Nice Post @britcoins ! See you on the trader telegram bro... UPVOTE + FOLLOW
I quite like the Bitshares. Was sad to see them removed from Eobot As a free cloud mining platform that has been around for years, it was a very easy way to obtain them for nothing.
nice try, please don't try placing ref links in here with inaccurate information. BitShares is not and has never been a mineable coin.
Sorry. For the link. If I have gone to the trouble of putting a link in a comment or post, and it doesn't require any out of pocket expense for anyone to use and utilise, why should I not at least get something for it? Eobot is FREE to use. I am also sorry to say, the information was not inaccurate. Not sure how it was done, maybe converted after mining another form of coin to Bitshares, (seems a common 'trick') but it WAS available as an option on the Eobot platform. That is where I got my first 50 coins from, then sadly the option was removed.
The information is sound, true and correct!
It's ok, I see where you are coming from. But sorry it's not very relevant to BitShares, which I'd be super happy if you discover because of this :)
Just the link looks a bit spammy, I reviewed it - is it really any good?
Cheers
As far as Eobot goes, its not bad as an introduction to cloud mining, and it is free to use, but is more to 'play' around with. Before the crypto space really 'took off', it did provide a good space to utilise some of the low end coins, and convert them into hash power. Sadly I was a little late to find it. There are many different strategies and theories on youtube around increasing this. Best thing I can suggest is to review some yourself, and then form an opinion on it then.
As far as what you set out to achieve, you can consider that mission accomplished! You should be 'super happy', as before I read your post, it was nothing more than just another 'coin'. Good work !
This post has received a 0.35 % upvote from @drotto thanks to: @banjo.
You got a 20.00% upvote from @bearwards courtesy of @britcoins!