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RE: Bringing Bitshares to a Wider Audience
I would value an article to introduce BitShares to begginers, with so many crypto's flying that info should be very useful.
I have invested in Steem, Bitcoin and Ethereum but I am looking to hold some small positions in others as well.
Thanks for the feedback! I will have something ready early next week.
OK great look forward to reading it, so am I correct in saying that from your explanation that you mean that Bitcoin has more exchange value but BitShares has more use value?
Also, wouldn't the Lightning Networks that are being planned to be implemented on top of the Bitcoin blockchain out-perform the TPS and speed of BitShares?
Bitshares is a bank and stockmarket without the evil corporation to screw you over with fees and crappy rules. You can hold Bitshares like Bitcoin (the symbol is BTS) as an investment or you can trade BTS for tons of different assets on the exchange - you can buy gold, silver, oil, USD, CNY etc. to diversify your crypto wealth and reduce volatility. All you need to do is go to bitshares.org, download the wallet or use the web wallet and start trading. It's an awesome user experience and there are many interesting projects being built on top of Bitshares. Fun fact - much of the technology used to run Steemit was developed by Dan and other devs for Bitshares, the two projects have a lot of similarities.
Nice thanks but how is it different from Bitcoin apart from the decentralized exchange?
The biggest differences, aside from the decentralized exchange, are ease of use and scalability. You make transfers to account names and they are basically instant. It is super fast and easy to move BTS around. The blockchain also currently handles 3000 transactions per second and can scale to 100,000 TPS. There is a major project underway that is using the Bitshares blockchain for point of sale systems to capitalize on the blockchain transaction capacity. So in summary, it's faster, simpler and scales better but is not a competitor to Bitcoin. Bitcoin seems to have been design primarily as a store of value, like gold, and Bitshares is more of a broad financial platform.
Oh, and stealth/blinded transactions are possible and being implemented. Bitshares can enable total financial privacy in both transacting and investing. It really is an awesome platform (built by the same people behind Steemit).
OK I am going to look into it further sounds like a good way to expose yourself to currencies, stocks?
You can trade pegged assets that represent currencies and commodities like USD, CNY, gold, silver, oil. You can also trade 'stocks' in other crypto projects. The exchange is completely decentralized and there is no counterparty risk, zero. Liquidity is low right now, but growing. By all means, download the wallet/client and look around. The bithsharestalk community is also very friendly and helpful!