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Revainrating 5 out of 5

BitShares also offers a multicurrency wallet, which is available for web…

BitShares also offers a multicurrency wallet, which is available for web, desktop, and mobile (Android). The Android version seems to have some minor bugs based on reviews in Google Play, but all of the official wallet versions work well enough for the most part, with no significant issues to report.

Pros
  • Once the investors buy BitShares, they will be able active on BitShares DEX. There are multiple market-pegged assets that can be bought using BTS coins. Now, here is the process of buying this digital currency... BitShares 2.0 is an industrial-grade financial smart contract platform. Built using the latest in industry research, BitShares 2.0 delivers a decentralized financial platform with the speed of the NASDAQ.
Cons
  • Although BitShares creatively invented bitUSD, it achieved a fast transfer speed (Just a few seconds), but strictly speaking, it is not a qualified product: Bug is constantly, system resources are occupied, and a bad user experience makes the community complain.

Revainrating 5 out of 5

By having the trades executed on the BitShares network, Bitshare also…

By having the trades executed on the BitShares network, Bitshare also eliminate high-frequency trading and front running. High frequency trading and front running depend upon centralized exchanges with high volume and deep markets. When the vast majority of trading activity moves to a decentralized, trust-free exchange, the remaining centralized exchanges become much less appealing to high-frequency traders.

Pros
  • The heart of BitShares is the SmartCoin system which enables the creation of 200% collateralized IOUs from the BitShares network. A BitUSD has all of the properties of Bitcoin combined with the price stability of the US dollar. At any point in time you can sell a BitUSD for at least 1 dollar worth of BTS. If at any time the value of the collateral falls below a certain point the blockchain will automatically buy back the BitUSD with a dollars worth of BTS.
Cons
  • Requires use of another service to deposit/withdraw funds.

Revainrating 4 out of 5

Roles of an Exchange The roles that traditional exchanges perform today…

Roles of an Exchange The roles that traditional exchanges perform today encompass: Receiving cryptocurrency and issuing IOUs. Receiving fiat and issuing IOUs. Processing an order book. Redeeming IOUs.

Pros
  • By always maintaining reserves, you can rest assured that BitShares is solvent in almost any market. All of the reserves are kept as BTS held on the blockchain, and they cannot be stolen, because there are no private keys that can be compromised to steal the reserves.
Cons
  • The bitshare community is not big.

Revainrating 4 out of 5

Many gateways prefer the low-risk approach of one-for-one redemption and will…

Many gateways prefer the low-risk approach of one-for-one redemption and will simply allow the GatewayUSD to float against BitUSD with a small but variable spread in the market. Users then pay a small variable conversion cost as they exit from BitUSD to fiat USD through GatewayUSD. On the other hand, many users will want a direct conversion from BitUSD to fiat USD. In this mode of operation, the gateway takes care of providing all of the liquidity within a fixed percentage transaction fee. The…

Pros
  • BitShares is designed from the ground up to process more transactions every second than VISA and MasterCard combined. With Delegated Proof of Stake, the BitShares network can confirm transactions in an average of just 1 second, limited only by the speed of light.
Cons
  • Slow response of support when experiencing problems.

Revainrating 4 out of 5

Bitshares is a decentralized exchange that is part of Microsoft Azure…

Bitshares is a decentralized exchange that is part of Microsoft Azure Blockchain. BitShares is ready for government regulation with a smart contract blockchain built with Wall Street in mind. Equities are backed by assets and used for streamlined financial exchanges with a distributed ledger to track trades as necessary.

Pros
  • 1. Active Developments from Bitshare developers 2. Supported by active communities 3. BitShares has a solid network in place to avoid being a tragic failure of a crypto market crash. Its price-stable smart coin-backed network removes middle-men to optimize trading, even allowing OTC trades.
Cons
  • 1. Customer supports are inactive 2. User interface is relatively confused compared to other current exchanges 3. Volume trading are still low

Revainrating 4 out of 5

Centralization Compromises Privacy In order to have even the slightest bit of…

Centralization Compromises Privacy In order to have even the slightest bit of privacy, the exchange functionality needs to be divided among hundreds of parties who are unlikely to collude to compromise identity. This is not economically practical today, because the exchange order book creates market incentives that naturally tend toward centralization in just a few exchanges with the vast majority of market share.

Pros
  • Decentralization gives BitShares robustness against failure. When a centralized exchange is compromised, millions of dollars and thousands of users are impacted all at once. In a decentralized system, any attack or failure impacts only a single user and their funds. Users are in control of their own security, which can be much better than any centralized entity. There is a fixed cost associated with attempting to hack an exchange or an individual user. The difference is the size of the reward. If you place a multi-million dollar bounty on attacking a specific exchange, then you can expect a lot more effort to be put into compromising that exchange than would be put into attacking your individual account. Within a given company, multiple people usually have access to customer funds. You may have heard the expression, “Three can keep a secret if two are dead”. Currently, all centralized exchanges end up depending upon multiple people who share the responsibility of guarding the secret key that controls the funds. If any one of them is compromised, everyone’s funds are put at risk. Because of this, being individually responsible for maintaining your own secrets is the only safe option.
Cons
  • I do not see any defects.

Revainrating 4 out of 5

Companies can issue their own stock on the BitShares network and allow easy…

Companies can issue their own stock on the BitShares network and allow easy, low-cost trading with complete protection against naked shorting.

Pros
  • BitShares provides a high-performance decentralized exchange, with all the features you would expect in a trading platform. It can handle the trading volume of the NASDAQ, while settling orders the second you submit them.
Cons
  • When you are going to trade with commodities like gold, silver or even the fiat currency, you gotta give in exchange something with at least similar rate of value-fluctuaction, which cryptos are not.

Revainrating 4 out of 5

Overall, Bitshares is quite decent platform. Its affordability puts it in good…

Overall, Bitshares is quite decent platform. Its affordability puts it in good stead with users looking to delve into the cryptocurrency world. Its token innovation and concept still great and promising to invest and hodl.

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
  • Some people find it difficult to use the platform/interface, they said its too advanced especially to the newcomers in this sector. Also bitshares token value is still volatile.

Revainrating 4 out of 5

ou can trade any amount, at any time, from anywhere, without withdrawal limits…

ou can trade any amount, at any time, from anywhere, without withdrawal limits. All other legally compliant exchanges have daily withdrawal limits. Those who wish to exceed standard limits must provide increasingly invasive levels of documentation. Some exchanges, such as Coinbase, even limit what you can do with your money after you have withdrawn it. Other exchanges demand documentation of how you earned your cryptocurrency. With BitShares, no one must approve your account. You have complete…

Pros
  • SmartCoins are a powerful tool for everyone from speculators and savers, to traders and entrepreneurs. The BitShares platform provides a toolset with which innovators can experiment to find optimal currency solutions using free market discovery.
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.

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
  • Trade From Anywhere, Whenever:  With BitShares, you can trade any amount of money anytime, anywhere. Freedom: Another advantage of BitShares is that users receive financial freedom. This is because a third party does not need to approve your account. BitShare is safe: BitShares is very secure and an important feature of the platform. In fact, everything managed by SmartCoin on the platform is backed up
Cons
  • User interface: The most common complaint about BitShares is that the user interface is not user friendly. Too Advanced- The features on BitShares is very confusing to people who are not familiar with their field and platform.

Revainrating 5 out of 5

One need to pay close attention to how the blockchain technology has been…

One need to pay close attention to how the blockchain technology has been revolutionizing our entire world. In doing this, Projects like BitShares aren't to be looked down upon

Pros
  • BitShares is an open-source, public, blockchain-based, real-time financial platform. It provides a decentralised asset exchange – similar to New York Stock Exchange but for cryptocurrencies and without the need to trust a central authority to handle all the funds.
Cons
  • Lovely work being done by team

Revainrating 4 out of 5

By having the trades executed on the BitShares network, Bitshare also…

By having the trades executed on the BitShares network, Bitshare also eliminate high-frequency trading and front running. High frequency trading and front running depend upon centralized exchanges with high volume and deep markets. When the vast majority of trading activity moves to a decentralized, trust-free exchange, the remaining centralized exchanges become much less appealing to high-frequency traders.

Pros
  • BitShares is designed from the ground up to process more transactions every second than VISA and MasterCard combined. With Delegated Proof of Stake, the BitShares network can confirm transactions in an average of just 1 second, limited only by the speed of light.
Cons
  • Slow response of support when experiencing problems.

Revainrating 4 out of 5

BitShares is a block-chain-based, open source, distributed cryptographic…

BitShares is a block-chain-based, open source, distributed cryptographic exchange program that uses BTS (Bitshares Coin) as the DEX's main trading pair. All encrypted currencies not included in the BitShares platform are considered derivatives or "smart coins" and deposits / withdrawals are made through the central gateway. BitShares Exchange has free and open registration. BitShares Exchange can also use desktop applications.

Pros
  • No governments, no IRS, no withdrawal delays .With most exchanges now requesting for kyc before trading could begin, Bitshares supports anonymity of users and allows for easy and fast transactions while been secured . I love the instant sending feature, use it for exchanging with friend. And with my membership I recieve 80% fees back which is also great.
Cons
  • It is very hard to be ok with their design.i don't like the black template From my personal experience, the exchange is really confusing, especially for people like me that just want to trade and not hustle with some troubles. I really hope that they will make it more “for the people” and “for the geeks”. After a few days I figured it out, but still.

Revainrating 4 out of 5

Many gateways prefer the low-risk approach of one-for-one redemption and will…

Many gateways prefer the low-risk approach of one-for-one redemption and will simply allow the GatewayUSD to float against BitUSD with a small but variable spread in the market. Users then pay a small variable conversion cost as they exit from BitUSD to fiat USD through GatewayUSD. On the other hand, many users will want a direct conversion from BitUSD to fiat USD. In this mode of operation, the gateway takes care of providing all of the liquidity within a fixed percentage transaction fee. The…

Pros
  • The heart of BitShares is the SmartCoin system which enables the creation of 200% collateralized IOUs from the BitShares network. A BitUSD has all of the properties of Bitcoin combined with the price stability of the US dollar. At any point in time you can sell a BitUSD for at least 1 dollar worth of BTS. If at any time the value of the collateral falls below a certain point the blockchain will automatically buy back the BitUSD with a dollars worth of BTS.
Cons
  • Requires use of another service to deposit/withdraw funds.

Revainrating 5 out of 5

Overall, I think that with full control of users, making them very safe…

Overall, I think that with full control of users, making them very safe, however, semantics of transferring accounts differ slightly in the context of web-of-trust to make it easier for users.

Pros
  • in my opinion the BTS account can be transferred by updating the permissions used to control the account. However, semantically transferring accounts is a little different in the context of web-of-trust. Users need clear tools to update their keys for security while maintaining their position on the web.
Cons
  • BTS team must increase stability and ease of use on their web.

Revainrating 4 out of 5

BitShares offers a variety of decentralized financial services - publish smart…

BitShares offers a variety of decentralized financial services - publish smart coin tassets, including Market Pegged Assets (MPA) and other Crypto derivative pairs, from recognized merchandise assets The stake mandate (DPoS) algorithm adds a governance layer. Based on the traditional model of landholding certification, we increase and produce coins based on holding

Pros
  • Wallet address is your username. This is much better than long strings and numbers that only require bad user experience and errors. Your username will be used as a wallet address, such as social media or Google sign-in. It's much easier to remember, so press"John Doe" than press 21x9d8sv37sd6m282u4j2hg9h4.
Cons
  • User error is the documented cause of most problems with IT and cybersecurity. This is a perpetual threat not only with Cryptocurrencies but Technology in general. As with all Crypto, this is experimental tech so a healthy amount of skepticism and caution must be exercised, always.

Revainrating 4 out of 5

Designing a high-performance blockchain isn’t rocket-science, and doesn’t…

Designing a high-performance blockchain isn’t rocket-science, and doesn’t require complex, hard-to-understand protocols, nor does it require dividing processing among all the nodes on the network. Instead, all that is necessary to build a high-performance blockchain is to remove all calculations that are not part of the critical, order-dependent, evaluation from the core business logic, and to design a protocol that facilitates these kinds of optimizations. This is what BitShares has done.

Pros
  • Trade in Gold, Silver, Gas, and Oil in addition to your national currency and cryptocurrencies. Few limits exists on what can be traded on the BitShares exchange, given enough interest. The BitShares exchange can support assets that can track stocks, bonds, indexes, or inflation.
Cons
  • Cannot deposit fiat currency.

Revainrating 5 out of 5

For me, BTS has been a successful cryptocurrency currency at this time, their…

For me, BTS has been a successful cryptocurrency currency at this time, their team has designed to be independent and independent funds by giving stakeholders the power to direct where blockchain reserves are spent. that is good news for new investor

Pros
  • I think BitShares is designed to be an independent and independent fund by giving stakeholders the power to direct where blockchain reserves are spent. BitShares has a reserve of 1.2 billion BTS (about $ 8 million dollars) with funds they can afford to hire a small team to maintain the network for years, even without price appreciation.
Cons
  • everything looks normal, their team is very good but they have to promote BTS.

Revainrating 5 out of 5

With so many exciting features, this digital currency is already a big asset…

With so many exciting features, this digital currency is already a big asset. The greatest advantage of this digital call is the block chain and related protocols based on the DPOS matching mechanism. The minning of BTS coins is carried out using the DPOS consensus mechanism. The approach is closer to a decentralized area where revenue sharing is not impacted and shareholders can generate revenue.

Pros
  • BTS is even used for a range of scheduled and recurring payments. The extract entitlements associated with this cryptocurrency enjoy unrivaled flexibility. In BTS enables the creation of user-generated assets that are compatible with some of the general rules pertaining to cryptoasset output. BTS and the entire BitShares platform are based on a self-sufficient, robust model. For avoiding the costs associated to mining, this cryptocurrency follows a derivative PoS consensus mechanism. Last, the consensus protocol that BTS follows is not only flexible but also robust
Cons
  • I haven't personally encountered any

Revainrating 4 out of 5

Bitshares is a true example of the remarkable collaboration between blocking…

Bitshares is a true example of the remarkable collaboration between blocking technology and traditional trading platforms. It is a trading platform used just like any other traditional platform, but it does contain some amazing features like distribution and security through a consensus mechanism in blockchain technology.

Pros
  • It's lightning fast ability has become one of the most popular mechanisms experienced by the field of cryptocurrency. According to theoretical reports, a Bitshares network can 100,000 transactions per second, In this particular mechanism, blocks are created every three seconds, which is faster than Ethereum 15 seconds, Litecoin 2.5 minutes, and Bitcoin 10 minutes.
Cons
  • Though transactions on the network is fast, Bitshares Dex is slow and not entirely user friendly when compared to other centralized exchanges..