Decentralization gives BitShares robustness against failure. When a centralized exchange is compromised, millions of dollars and thousands of users are impacted all at once. In a decentralized system, any attack or failure impacts only a single user and their funds. Users are in control of their own security, which can be much better than any centralized entity.
Trustless, fast, and ready to scale with use, BitShares could be a suburbanized exchange platform attending to destabilize the manner we tend to presently purchase and sell cryptocurrencies.
Not content with users having to convert to act currencies (like USD and EUR) so as to stabilize their investments, BitShares has created associate exchange platform engineered on the blockchain.
The traditional manner of shopping for associated merchandising cryptocurrencies on an exchange is to convert your coins to and from act currency.
this implies that each time you would like to shop for or sell cryptocoins, you lose the obscurity inherent within thecryptocurrency and blockchain platform.
While centralization is intelligible (exchanges have a necessity to tie cryptocurrency coststo real-life assets like USD or gold), there's conjointly the requirement for a a lot ofsuburbanized, anonymous system, and that’s wherever BitShares comes in.
The BitShares blockchain platform permits users to convert their cryptocurrencies to stable pluss by changing those coins into another cryptocurrency whose worth is pegged to a real-life asset (for example, BitUSD is tied with the worth of USD).
This has quite anfew benefits over regular exchanges (and some disadvantages as well),
SOURCE
https://www.finder.com/ie/bitshares
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