Review on BitShares by Huseyn Akberov

What is BitShares?

BitShares is a decentralized cryptocurrency exchange that is part of the Microsoft Azure blockchain. BitShares was founded in July 2014 and is the brainchild of Dan Larimer, co-founder and CTO of Steem and EOS, and Charles Hoskinson, co-founder of Ethereum and Cardano. Along with Steem, BitShares uses layers of graphene, which are among the most active blockchains on the market. Introduction to

BitShares BTS

BitShares plunged into the forefront of the cryptocurrency regulatory fight. Ethereum and Bitcoin are undergoing review by the Securities and Exchange Commission to determine the key differences that indicate that crypto tokens act as securities. Many cryptocurrency exchanges quickly submitted appropriate forms to become exchanges approved by the US Securities and Exchange Commission or to withdraw from the US market.

100 cryptocurrencies. However, even in the United States, the entire industry has not been roughly depicted. Regulators such as the SEC and DOJ are carefully investigating and categorizing cryptocurrencies, blockchains, ICOs, and exchanges.

Dan Larimer has an impressive resume and clear vision, and is moving towards a huge share of the global decentralized exchange market. Microsoft Azure is a window to the world, and if cryptocurrency exchanges are competitive, then legal issues may only be distracting.

This is a decentralized transaction with a suitable partner. It is based on a commissioned proof verification system, and the blockchain technology of the BitShares network is at the forefront. Cryptocurrency exchanges are currently striving for services. In the long run, BitShares has the ability to compete with Binance.

It is part of the Microsoft Azure blockchain-as-a-service package. Before deciding whether BitShares can withstand government regulation and surpass cryptocurrency exchanges such as Coinbase and Binance, let us first review the BTS coins and tokens.

BTS Breakdown The total supply of

BitShares is 3,600,570,502 BTS. Its highest price was 0.907259 USD on January 2, 2018, and it could not be mined.

BTS is considered a traditional coin because it predates most exchanges (and posts) and is responsible for the concept of crypto trading pairs. It is also the first trusted proof-of-stake blockchain and uses community-elected representatives for governance.

BitShares followed PayPal and promoted mass adoption through a referral rewards program. Currently, the basic BitShares account is free (although not eligible for the rewards program), the lifetime membership account is $ 100, and there are various discounts on 80% fees.

Life Members can also earn $ 80 for other Life Members they refer. This means that like Isagenix or Herbalife, you can live a decent life with just the referrer, regardless of the price of the BitShares BTS token, because it will be adjusted to about $ 100 at the time of recommendation. There is at least one reason to buy BitShares BTS.

BTS coins are more secure than coins because they are used as collateral and cannot be mined. Tokens can be created on the BitShares network, these tokens can be converted to BTS, and then can be converted to BitAsset associated with the real world market.

BitUSD, bitEUR and bitCNY are based on the current prices of US dollars, Euros and RMB, while bitGOLD and bitSILVER are based on the prices of gold and silver respectively.

For people in turbulent markets, including South American countries where hyperinflation has taken root, when local fiat currencies are in trouble, this stable cryptocurrency option may be a safe haven.

BTS is accepted by various crypto markets, including CoinEgg, ZB.COM, OpenLedger, DEX, Binance and LBank. BTS has a daily trading volume of more than 5 million U.S. dollars, and trading pairs include BTC, USDT and ETH.

The official BitShares wallet has a variety of desktop operating systems and web versions. BitShares

Overview BitShares is ready to accept government regulation, and its smart contract blockchain takes Wall Street into consideration. Stocks are asset-backed, used for simplified financial transactions, and distributed ledgers are used to track transactions as needed. Because of these key components, with the correct partnership and the submitted forms, BitShares can find itself in a very profitable position.

BitShares is a smart contract network that can host tokenized applications. Tokens can be exchanged for BTS and then bitAssets, which are stablecoins pegged to the real world market.

BitShares is not only compliant with regulations, it can be an improvement on the existing system, and its algorithm is designed to prevent the use of inside information.

BitShares works in a similar way to Ethereum. It insists that it is not a value, but claims to be a value. Before investing, you should study its structure and compare it with any cryptocurrency or blockchain.

Investing in cryptocurrencies can be profitable, but these gains come with dangers.

BitUSD, bitEUR and bitCNY are based on the current prices of US dollars, Euros and RMB, while bitGOLD and bitSILVER are based on the prices of gold and silver respectively.

For people in turbulent markets, including South American countries where hyperinflation has taken root, when local fiat currencies are in trouble, this stable cryptocurrency option may be a safe haven.

BTS is accepted by various crypto markets, including CoinEgg, ZB.COM, OpenLedger, DEX, Binance and LBank. BTS has a daily trading volume of more than 5 million U.S. dollars, and trading pairs include BTC, USDT and ETH.

Transparency is important in financial services, while other cryptocurrencies are focused on redefining banking, while BitShares targets the core of Wall Street. It remains to be seen whether he will kill in one fell swoop or whether the two must learn to live together.

Pay close attention to the financial sector and crypto news, and buy BitShares BTS at your own risk.