Steemit Crypto Academy Week 7 :How To Invest in Cryptocurrencies - A beginners Guide - Part 2 Homework post for prof @besticofinder

Bitshares and stratis

Bitshares

Hello to all steemians on this our noble community, I am very glad to write my homework post for this weeks task. I also say a very big thank you to @besticofinder for this weeks lecture.

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The BitShares Blockchain blends with several financial service attributes on a distributed ledger, which can be used by anyone. Right from the start, the BitShares Blockchain has been customized to the wants of the financial company. At this level, it gives a peer-to-peer network where customers can create tokens for diffrent digital assets, move them and trade on the paired decentralized asset exchange.

BitShares’ core token BTS (bitshares) is traded as a mother crypto currency. BTS are compulsory to pay network bills and can be used as security for market fixed assets. The blockchain is billing BTS for all workings and carry out smart contracts. According to its official website, BitShares presents the aim as an open-source financial management and business development policy. While many people still seeing BitShares as the decentralized exchange token issuance principles, but truthfully, BitShares set out a wider purpose than just that. certainly, it doesn't take away the reality that BitShares’ largest use case currently is still their own DEX called the BitShares Exchange.

Unfortunately, adoption is the fragile part of BitShares. After the creation of BitShares Exchange and bitUSD, there is not much ‘visibility’ about the project. Even their bitUSD just has less than $15,000 daily trading capacity, which is very low as compared to other stablecoins like TrueUSD, PAX,Tether, or USDC. BitShares Exchange’s biography is only slightly better than bitUSD. There's less than $210K USD daily trading volume in this exchange, which is very low as compared to giant crypto exchanges like Binance or Coinbase. Although, there doesn’t seem to be so much adoption outer the crypto trading market. Most traders might accept popular altcoins, but hardly they do accept BTS.

At the time this post was written (March 23rd, 2021), each BTS coin is worth $0.07585. BTS has a market cap of $$224,208,513 USD with $1,887,639 USD daily trading volume. Most of the trading volume really comes from other crypto exchanges like ZB.com, CoinEGG, or Binance. There's a good trading volume for BTS on BitShares Exchange, almost entirely on BitCNY/BTS pair.

Each of the products of BitShares blockchain has it's own challengers. For instance, BitShares Exchange competes directly with other decentralized exchanges such as ForkDelta, ETHFinex, or DDEX. BitShares’ stablecoin called BitUSD competes directly with other stablecoins such as PAX, USDC, USDT, or TUSD.Also, BitShares native cryptocurrency (BTS) itself is a competitor to other DPoS-based cryptocurrencies like Tron or EOS.

Stratis

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Stratis is a Blockchain as a service (BaaS) Platform, developed to give out solutions for companies in the financial territory that want to enjoy the benefits of Blockchain cybernetics. Stratis allows companies to create their own custom blockchain applications with the features they need, making the development procedure easier and accelerating the development lifecycle for blockchain projects.T

he vision backing Stratis is to develop a network that closes the gap between the blockchain and the corporate world. Stratis is a fulfilled rewrite of the bitcoin source code in C# and .NET. This simplifies the steps of developing, testing and deploying C# applications on top of a .NET framework on Stratis blockchain. The platform's also on Microsoft Azure BaaS program at which Stratis has merged Azure into its platform. Azure is a Microsoft’s cloud processing platform used for testing and developing apps and services.

Also, at the time this post was written (March 23rd, 2021), each stratis coin is worth $1.60. Stratis has a market cap of $$206,227,326USD with $0.600539USD daily trading volume, this represents 3.07%.
There are a fair few projects out there that are working on Blockchain-as-a-Service solutions, though it seems to me that Stratis is about at the head of the pack. Generally speaking, there appear to be two differences between Stratis and these other BaaS projects. The competitors are Ark and Lisk.

There are a fair few projects out there that are processing on Blockchain as a Service solutions, though it seems to that Stratis is about at the head of the pack. Broadly speaking, there appear to be two(2) differences between Stratis and these other BaaS projects. The competitors includes Ark and Lisk. The first is that, Stratis is based on the C+ programming language, which is still one of the vital business software languages. This makes it much easier for developers to work with the platform, as they would not have to work on getting to hold with another programming language.

The team is really working on adding support for Java and JavaScript - - which just provides more options.
I believe it’s fair enough to say that the Stratis Platform is a presentation of all that’s good about blockchain platforms; the purpose with which it has been created is lawful and worthwhile; it’s being tested and developed with insight and an understanding of the market; the team’s work ethic is remarkable, as their communication; it shies away from any “make money quick/when moon?” nostalgic; and it has working products for many of its attributes. These qualities brought together make for a compelling project that is worth keeping tabs on.

Conclusion

From the comparison made above it appears clearly that Stratis coin will be better and much better as compared to Bitshares coins. Comparing the worth of all these cryptocurencies say it all; that Stratis is more better than that of Bitshares.