Review on BitShares by Elliot Browne
Bitshares could be a leader in decentralized exchanges, but someone will need…
Bitshares could be a leader in decentralized exchanges, but someone will need to lead that charge forward, and with creator Dan Larimer having moved on to the EOS project, there’s no telling who that might be.
Pros
- Bitshares users can stabilize any of their holdings by converting to stable cryptocurrency assets which are pegged to fiat currency. Note that there’s no need to actually convert the cryptocurrency to fiat, thus maintaining the users anonymity. In addition to the Bitshares blockchain and exchange, there is also a Bitshares token.
Cons
- One of the primary problems being solved by Bitshares is the risk that is inherent in centralized exchanges.
