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Review on BitShares by thien song cuong

Revainrating 4 out of 5

BitShares, released in the summer of 2014, is a distributed switcher that…

BitShares, released in the summer of 2014, is a distributed switcher that eliminates the risks associated with centralized platforms. Daniel Larmier, Steemit's chief technology officer, announced his idea for a distributed BitShares exchange for the first time. BitShares is a platform for individuals who want to trade virtual currency without leaving the block chain. It is a high-performance exchange and offers the most advantages you would expect from a typical central trading platform.



Pros
  • It is decentralized of course with quite fast and fair trading issues. The token itself BitShares, is quite popular especially among the Chinese traders due to the privacy features. Bitshares is one of the cheapest trading options available.
Cons
  • Waves is way better funded, has more momentum and way better PR than BitShares. Their DEX even if it isn't as good, looks better. So people will naturally go there becasue user experience matters.

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