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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on BitShares by LUIS RIVERO R

Revainrating 3 out of 5

More than a cryptocurrency, but without much value.

BitShares is a platform for stable decentralized digital assets is also an exchange. Its characteristic is the speed of transactions, and low prices, however the use of its platform can be complicated.
It is developed and supported by its community offering diverse characteristics that can hardly be bought to other projects: Exchange totally unsettled with all the options expected by a trader to operate.
Assets with price backed with real values, for example, the dollar, gold, among others.
Platform promises to be highly scalable in the processing of transactions, according to technical details surpassing a visa or master card.
BitShares is more than its cryptocurrency however it has not been successful due to the complexity of its operation and adoption. It does not have a technical design that allows widespread dissemination, which makes it undervalued and currently does not have very adepts despite being one of the most innovative of its kind, now it is only a cryptocurrency with a purely commercial use within of the different exchanges, since their exchange is not even widely used.



Pros
  • The fees are low, likewise it has a low energy consumption
  • Decentralized platform with multiple functionalities.
  • Integrated decentralized exchange.
  • The assets offered by the platform are backed by intelligent contracts.
Cons
  • Without much use in the payment market, currently undervalued.
  • Low implementation of its platform, trading users prefer traditional platforms

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