Bitshares is not a "coin", it's a massive platform for Traders, Entrepreneurs and even Grandma...
I don't think anyone would disagree, Bitshares (BTS) has served us as the perfect Point Of Sale network (PalmPay.io) for over 5 years now, rock-freakin-solid.
BUT, we now enjoy many more benefits using their platform:
- Fully decentralised
- Lightning fast, fully-confirmed, on-chain transactions with 3 second blocks (1.5 sec on average)
- Full-fledged Decentralised Exchange (DEx) with simple/advanced Trader's Tools
- No KYC bs
- Thousands of coins to choose from and trade
- Free accounts
- Recently blew through 3,300 transactions per second (see blocktivity.info)
- Decentralised order books
- Prediction markets
- Multiple block explorers
- Blockchain logins (check out BEET)
- Tons of free api nodes you can connect to
- Supported by multiple Exchanges and Bridges(stealthex.io, godex.io, blocktrades, etc)
- User-issued assets and coin factory
- Multiple mobile wallets
- Self-funding blockchain with a multi-million Dollar reserve pool
- Direct-debit options
- Weighted, Hierarchical and Deterministic Multi-signing (Multisig) accounts
- Escrow services
- Cross-chain HTLC Atomic Swaps
- 100% free and open source software (FOSS)
- No counterparty, no middlemen, no permissioned or centralised side-chains needed
- No KYC crap
- Affiliate/referral rewards program with discounts and 80% cashback
- Paper wallets
- Blinded transactions for privacy
- 20+ provably-collateralised Smartcoins/Stable-coins
- Collateralised debt positions (zero-counterparty loans/borrowing of stablecoins (like bitUSD, bitCNY, bitEUR, bitGold, bitSilver, etc))
- Recurring payments
- Invoicing and payment Proposal system
- Scheduled payments
- Whitelisting/Blacklisting
- Huge open source repositories and Developer community
- On-chain voting
- Human-readable account names/addresses (nathancustomboats, mobile-papa, bobs-bigboy-52, etc)
- dApp tools and libraries
- Hacking bounties
- Decentralised, encrypted messaging
- 51% Attacks are impossible (see crypto51.app)
- Cold Storage
- ID Theft is impossible
- No f*ng KYC, ever.
- Stakeholder approved funding for your projects or ICO
- Vesting Balances
- Barter tools
- Timed Transfers
- ..and much more!
Warning: Once you start trading, earning and sending BTS coins and assets around in 3 seconds or less, of any amount, with near-zero fees, you'll be hooked. Slow chains.. tremble.
Try the BiTSy android wallet:
http://www.BiTSy-wallet.com
Try the web wallet:
http://www.OpenLedger.io
Try the PalmPay point of sale dApp:
http://www.PalmPay.io
Free your mind, leave the system, agorise and decentralise.
Great post!
Thank you @ash :)
Bitshares as a platform does work really really well.
Unfortunately the lack of liquidity in most of the coins and general lack of volume eventually lead me away.
Very true. The decentralised exchanges and atomic swaps don't get much love..............yet.
Wow even beyond my imagination that's really huge
Thank you blazing! :)
It really amazes me that their chain doesn't do much marketing, it's like a little secret with the insiders or something. All people have to do is look at blocktivity.info and then they can see which chains are actually being used.
Crypto51.app should scare the livin doodoo out of btc maximalists, and other POW coin communities. We hold some btc, monero, bch etc too, but it doesn't hurt to at least diversify a bit into other algos too besides POW, like the DPOS Bitshares chain (BTS in particular).
when a central banker (who can print as much money as he/she wants) is ready to destroy one or more POW chains, they will.
I need to understand more about bitshare...
Yeah, I listed quite a bit in this post, and the scary thing is that's not all, either. Bitshares is truly amazing, it's still a hidden gem.
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Feel free to copy, plagiarize, reproduce, retransmit and/or edit and take credit for the original post above. I don't care about any kind of copyright on it.