BitShares Weekly Report

in #bitshareslast year (edited)

BitShares Report July 29th, 2023

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BitShares

  • BitShares Liquidity Pools https://app.xbts.io/#/pools are a type of decentralized exchange (DEX) that allow users to trade digital assets without the need for a centralized third-party. These pools are powered by the BitShares blockchain and are designed to provide users with a secure and reliable way to trade digital assets. The pools are also designed to provide liquidity to the markets, allowing users to buy and sell digital assets quickly and easily.

SmartHoldem

The SmartHoldem Testnet Stress Test will be a performance evaluation of the blockchain and take place on July 31, 2023, at 18:00 UTC

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  • First a quick recap of some STH 2.0 DPoS new features that will be tested

SmartHoldem 2.0 DPoS is ready to process from 500 to 4000 transactions in a block:

  • 500 transactions/block: 3750 transactions/60sec = 5,400,000 transactions/24 hours
  • 4000 transactions/block: 30 000 transactions/60sec = 43,200,000 transactions/24 hours

SmartHoldem 2.0 DPoS blockchain will also include new types of transactions such as multiple payments, game transactions, multi-signatures, crypto-signatures, second passphrase, burn transactions, registration transactions, IPFS hash transactions, hashed time-lock contract (HTLC), advanced crypto function protocol with zero knowledge (Zero-Knowledge Proof), delegate resignation and copyright registration.

The stress test on July 31st will be conducted to obtain the goal of evaluating the network's capabilities by testing it with increasing transaction loads of 2000 transactions per block, to check the protection of the network from various spam attacks, and to measure the number of operations per second/hour/day.

Crypto Ninja

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  • New Capability for Crypto Ninja users to buy Goldbacks. Orders of physical Goldbacks can be directly shipped to customers https://cryptoninjapay.com/

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  • A new affiliate program, so that you can make a 3% commission by referring customers to the site. Note that the 3% will be awardeed if the Goldback is purchased with Bitcoin. You can sign up as an affiliate here: https://cryptoninjapay.com/affiliate-register/
  • Check out a Demo of Crypto Ninja
  • Stay tuned here for more developments including a soon to be released commerce plugin!

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Disclaimer: Please be advised that I own a diverse portfolio of cryptocurrency assets, and anything written or discussed in connection to cryptocurrencies– regardless of the subject matter’s content– may represent a potential conflict of interest. I wish to remain transparent and impartial to the cryptocurrency community at all times, and therefore, the content of my media are intended FOR GENERAL INFORMATION PURPOSES ONLY. Nothing that I write or discuss should be construed, or relied upon, as investment, financial, legal, regulatory, accounting, tax or similar advice. Nothing should be interpreted as a solicitation to invest in any cryptocurrency, and nothing herein should be construed as a recommendation to engage in any investment strategy or transaction. Please be advised that is in your own best interests to consult with investment, legal, tax or similar professionals regarding any specific situations and any prospective transaction decisions.