1 Level
16 Review
20 Karma
Review on BitShares by zet david
Bitshares is one the few platforms that provides a decentralized asset exchange…
Bitshares is one the few platforms that provides a decentralized asset exchange. You do not need traditional platforms such as Poloniex or Bittrex to exchange the cryptocurrencies. The platform allows users to control their digital money by themselves. Bitshares is a scalable platform. It works with a unique algorithm called Graphene. Due to this technology, the platform is capable to support over 100.000 transactions per second. The Bitshares platform operates with transactions faster than Bitcoin does
Pros
- One particularly impressive feature of BitShares is its scalability and ability to process transactions. In 2015, BitShares became based on Graphene, an open source blockchain implementation that acts as a consensus mechanism.
Cons
- Although the technology of BitShares is very advanced, it is currently relatively tepid compared to Ethereum (ethereum coin). At present, the bitshare 3.0 upgrade plan of the codename Bench, led by Stan Larimer, the father of BM, is called the BitShares Father, may take the ecology of bitshares to a new level. Unfortunately, there are not so many traders on the marketplaces that use BTS tokens. You can transfer them only between users who accept as an exchanging or a payment for products and services.
