The Bitshares Vision: Into Space...Literally!!!!

Most people on here are aware that Bitshares was Hive account@dan's first project that he developed. From there, he proceeded to move on and develop our very own STEEM blockchain. The advantages to these two blockchains versus most of what else is out there is well publicized.

Since we are talking about similar blockchains, many of us are invested both in STEEM and Bitshares. Obviously, since all of us reading this are on STEEM, we are familiar with where the goals of this blockchain are. Hive account@ned is very candid when he states he want to "tokenize the Internet".

But what is the goal of Bitshares?

This is where things get rather interesting.

One of the advantages of Bitshares is that it draws very little power, a problem with Bitcoin that is getting more attention. In fact, the entire Bitshares network can be run on the power of 21 laptops.

Bitcoin is such a power hog because it is a proof of work system. Hundreds of thousands of computers around the world are running the network. By solving mathematical problems, we see a system that is very secure, yet is slow.

Contrast that with Bitshares which has a system similar to STEEM in that it has individuals who are voted upon to run the network. While a very safe system, the vision is always to make it better.

So how does Bitshares improve security and makes its system less susceptible to someone taking it down?

By putting it in space of course.

Yes you read that right. The ultimate vision of Bitshares, according to Hive account@stan, is to put the Bitshares network on 21 satellites. Coupling it is the EOS system, when released, will enable Bitshares to scale up indefinitely.

This is how Hive account@stan put it.....

(Paraphrased)

Picture a network in space that nobody can touchwith that has unlimited bandwidth connectivity to the whole planet and can scale basically indefinitely connected via wifi to anyone with a cell phone.

The goal is "honest money with a level playing field" meaning that one in Africa has the same ability to access the financial system as one on Wall Street with neither having an advantage.

By eliminating all the "middlemen", Bitshares hopes to create zero economic friction.

When I heard all this I was stunned. This information came from an interview Hive account@stan did back in September.

The information I mentioned is around minute 47.

There is the old saying "shoot for the starts so if you fall short you still hit the moon".

This reminds me of that. The Bitshares network is very exciting. Hive account@stan is very candid about his view that BTS has the same potential over a few years to do what Bitcoin and Ethereum did in price. That is why he is so consistent with his 1000x statement.

Putting a network in space that has that ability to handle all the world's financial transactions is promising. If Bitshares comes anywhere close to pulling that off, it will certain see a much higher multiple.

Talk about a game changer.

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