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RE: BitShares – This Could Be It!

in #bitshares6 years ago (edited)

It is evident that BitShares has high expectations to live up to. More specifically, it needs to deliver products which will appeal to the masses. First of all, the team focuses on price-stable cryptocurrencies. These include bitUSD and bitCNY, though there will be others. These so-called Smartcoins are designed to be pegged to fiat currency or assets in one way or another. It is an interesting way of transferring value in a decentralized manner, although none of these currencies have gained any major traction as of right now.

Lastly, BitShares uses the Graphenetechnology. As a result, the project is theoretically capable of processing 100,000 transactions per second. There is also an option to set up recurring and scheduled payments, which is something that is pretty much impossible when it comes to Bitcoin or other major cryptocurrencies right now. Perhaps one of the more impressive aspects of this project is how it allows for regulation-compatible crypto asset insurance. That alone could bring a lot of positive attention to BitShares in the future

https://themerkle.com/what-is-bitshares/

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