Friday, October 22, 2021
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BitShares (BTS)

bts-bitshares

Another crypto founded by Dan Larimer. Bitshares is a decentralised exchange which has the benefits of increased security and equality between market orders (No high frequency trading, front running, hidden orders or location bias). Digital tokens of common physical assets such as gold also exist on this platform, however, these are not actually backed by the real physical assets as other platforms intend to do. It has pegged fiat cryptocurrencies and zero fees so is an ideal platform for trading.

Consensus dPoS

Current Use Decentralized exchange

Risks

  • From what I can see there is no legal backing behind their digitized assets.

Advantages

  • Very fast transactions
  • Very high transactions per second (100,000s Tx/s)
  • low fees
  • decentralised exchange (no third party risk)
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