You are viewing a single comment's thread from:RE: BitShares Smartcoins: AEX bitAssets added to CMKView the full contextkinbit (47)in #bitshares • 7 years ago But BitCNY on AEX is traded on their own platform, not utilizing the Bitshares DEX right?
it is, bitCNY must be shorted on bitshares to generate supply
In theory they could issue more tokens then what exists but they screwed if many people withdrawal at once, and they would have committed fraud.
but you can audit their bitshares accounts/wallets. so fractional reserve can't stay hidden long
Yes, someone volunteer and do the audit on a monthly bases, perhaps we can should propose this to the bitshares community?