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RE: How is Bitshares decentralized?

in #bitshares • 7 years ago

Basically there are two different types of tokens in BitShares.

Tokens issued by 3rd party that are backed by trust and a promise that you receive something in return. (open.BTC comparable to poloniex.BTC)

And tokens that are backed by collateral on the blockchain without middlemen or counterparty risk. (BitUSD, HERO and other SmartCoins)

BitShares_Assets.png

There are many good sources to learn from, it just depends on how deep you want to dive.

7 years ago in #bitshares by
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     7 years ago 

    Deep enough to gain trust and understanding.

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     7 years ago 

    Care to share some of those good sources? That graph looks interesting but some context would be great.

    Coin Marketplace

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    TRX 0.16
    JST 0.030
    BTC 65876.23
    ETH 2700.53
    USDT 1.00
    SBD 2.86