Bitshares is known for most crypto investors. What is less known is what is happening behind the scene. There is a lot going on. New companies hook up with the intention to use the platform for business. There is also a continuous development program and temporary programs to enhance the platform and make it more useful. There are also independent developers that make new features. @agorise is one of them and stealth is one of the technologies currently in development. They also focus on payment solutions and other hardware integration. But I want to look at stealth and put it into a market perspective.
Anonymous coins are hot. Monero, currently valued at 1,9 bn dollars is the most prominent one. But there are several others that promise anonymous transactions. And they are popular. Anonymity is a commodity that is hard to attach a price tag to. Bitshares on the other hand is completely open. What stealth adds is the option to hide both balance by making a hidden account and to hide transaction details such as amount and where it was sent.
monero on steroids?
The technical details are different and I'm not the one to differentiate between them. But I know bitshares as one of the fastest networks around. It is also one of the busiest, only rivaled by steem. Adding anonymity should boost the value to at least half of monero in my point of view. And that, ladies and gentlemen means a whopping 4-5 times higher valuation than today's 213 millions.
the stealth token
Stealth also comes with it's own token. And it's like nothing I have ever seen before. It is not required to use the service. Regular bts is good for that. And when doing so, stealth tokens are bought back automatically from the order book. 60% of all fees will be used for this purpose. I can only speculate how the price development for the token will be once this goes live. Currently the token is traded at 150 bts. But I can't imagine anyone would sell it for under a 1000 once this service is operational. So there is still uncertainty surrounding this token. It could be like owning a chunk of the gold reserves. It could even be better since it is hard coded to buy back. The result is anyone's guess.
What's in it for me?
First of all bitshares is undervalued. Adding it to your cryptofolio should be a no-brainer. Adding stealth tokens is strictly not necessary, this service will be available for anyone once implemented. But as a speculative bet, it is a hit or miss. The tech is functioning and just a matter of getting it sanctioned for integration to the software.
It is therefore important to add your support to @agorise. They've been giving away tokens to attract followers and as a important issue, it should be in everyone's interest to back them up. And who knows? Maybe there will be more perks.
Anonymity is an option everyone deserves in the age of data collection and social herding. The blockchain is a remarkable tech for good and for bad. Reading up on the possibilities and joining @agorise in their social media channels is free and one way to secure freedom on the public ledger.
You can buy monero at 10 times the price to get anonymity. You can do so today. You can also get away with 1/10 and achieve the same by holding bitshares and wait until this tech is available. It's all up to you. Add to it that the bitshares network does not involve energy consuming mining.
The choice is ultimately yours. And by reading up and joining @agorise and the rest of the bitshares ecosystem, the chance you make a more informed choice increases several folds.