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Review on BitShares by Miota Belly

Revainrating 4 out of 5

Bitshares is a true example of the remarkable collaboration between blocking…

Bitshares is a true example of the remarkable collaboration between blocking technology and traditional trading platforms. It is a trading platform used just like any other traditional platform, but it does contain some amazing features like distribution and security through a consensus mechanism in blockchain technology.



Pros
  • It's lightning fast ability has become one of the most popular mechanisms experienced by the field of cryptocurrency. According to theoretical reports, a Bitshares network can 100,000 transactions per second, In this particular mechanism, blocks are created every three seconds, which is faster than Ethereum 15 seconds, Litecoin 2.5 minutes, and Bitcoin 10 minutes.
Cons
  • Though transactions on the network is fast, Bitshares Dex is slow and not entirely user friendly when compared to other centralized exchanges..

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