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RE: DaoStreet & The Bitshares Infrastructure Upgrade

in #bitshares8 years ago

Appreciating your efforts and posts on Bitshares @john-robert, i joined Bitshares same time but you seem to understand the ununderstandable parts much better :-)

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And you are on steem as well. It is clear you know enough about the powerful technology powering both bts and steem.

DPOS yes but i still don't dare to work with bitUSD for example. I don't see how it can stay pegged to dollar in case BTS would drop to less than half or third of its value.

bitUSD is a novel approach to utilizing smart contracts with a very simple objective - establish a degree of trust in environments where trust it at a premium (like the internet). It functions well under most circumstances and the future looks promising for bitUSD.