Bitshares review

in #bitshares7 years ago

Cryptocurrency is picking up the grand momentum, and this commodity will continue to soar to new heights. That is why it makes complete financial sense to invest in cryptos as they can give the most robust returns with time. But with so many cryptocurrencies available, deciding which one is a better than the other is easier said than done.

The recent rally within the crypto market has sure brought a number of altcoins, such as ether, ripple, and litecoin, in the limelight. Among so many altcoins, the one that is showing high-growth characteristics is BitShares. The main feature of this altcoin, which is known as BTS, is its stability that is lacked by many first-generation digital currencies including bitcoins.

First things first, BitShares is way beyond a simple digital currency. Apart from being one of the most promising crypto coins, this one is even software, a decentralized network, and a distributed ledger certainly not like other available digital currencies such as DigiByte (DGB), Digital Cash (DASH), Dogecoin (DOGE). Well, that is a lot of stuff packed into one single cryptographic wonder.

SOME HIGHLIGHTS OF BTS
BTS uses SmartCoins that offer the ultimate freedom to the crypto in terms of stability. Which is why, this digital currency’s stability is equal to the one enjoyed by the dollar.
Also, the BTS is even used for making a number of scheduled and recurring payments.
The withdrawal permissions associated with this cryptocurrency enjoy unmatched flexibility.
Also, BTS allows the generation of user-issued assets that compatible with some general regulations related to cryptoasset issuance.
BTS, and the entire BitShares platform, is based on a self-sustaining, 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.

The real-world problem that BTS is engineered to solve

This digital currency is best represented by its own respective blockchain platform having great fintech and exchange capabilities. So the transactions that happen with a BTS coin can be flexible, fast, efficient, and scalable. Now, here are some problems that BTS is successfully solving.

Decentralized autonomous businesses

The key purpose of BTS has always been to launch a decentralized autonomous company. In such a business, the stakeholders will decide the production and distribution of the profit.

How should an investor buy BTS coins?
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.

Centralized crypto exchanges

Buying BitShares using a crypto exchange is perhaps one of the simplest ways to get this digital coin. As BTS is one of the most talked-about projects in the entire crypto world, many leading exchanges have allowed trading in this digital currency. Some reliable exchanges include Poloniex, CHBTC, and Bter.

Decentralized portals

However, those buyers who do not want to buy and store the BitShares in a centralized system can trust a number of other decentralized solutions. Some of the top decentralized platforms that can be used for buying and storing the BTS crypto coins include OpenLedger, Rudex, and Blocktrades.039875A9-0F41-4361-8C27-B8DED13FE299.jpeg
Source link :https://www.cryptocoinjudge.com/bitshares/

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Coins mentioned in post:

CoinPrice (USD)📉 24h📈 7d
BTSBitShares0.261$-2.43%5.64%
DASHDash693.175$-2.53%13.69%
DGBDigiByte0.043$-6.13%22.54%
DOGEDogecoin0.007$-2.38%25.68%

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