Bitshares is the first ever decentralised exchange. It represents an Innovative crypto currency, that is designed to utilise the blockchain technology in trading of various digital as well as tangible assets without having to rely on any form of third party like banks and brokers.
Bitshares is a family of DACs that implements the business model of a bank and exchange. Though they are adding a lot of functionality the core stake distribution is not changing at all.in testing, they have been able to sustain 3000+ tx per 3 seconds block compared to the 7 transactions per second that bitcoin network is theoretically limited to.
Bitshares is a great solution since it offers a bank account where fundscan be transferred in seconds anywhere in the world with more privacy and security than any other bank ever existed, moreover the account can never be frozen, funds cannot be seized and the bank account cannot face collapse.
Bitshares is one of the crypto currencies to angage in Fiat and assets pegging. The exchange many expected.