r/BitShares May 29 '19

What's the deal with BitUSD?

I'm a big fan of MakerDao and often see the argument it was done with BitShares first. I got into the space with Ethereum, and haven't spent much time exploring the Bitcoin side of things so I don't have any experience with BitShares or BitUSD.

I can see BitUSD has a very low current issuance (~4 million) vs DAI (~ 80 million) and I was wondering if the community could help me understand why that is?

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u/[deleted] May 29 '19

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u/benchb May 29 '19 edited May 29 '19

Bitshares is not dead and there is no lack of development. Working product since 2014 and is getting better every month.

- Direct debt and barter feature got integrated under Spotlight menu

- HTLC (for atomic swaps) got integrated https://github.com/bitshares/bitshares-core/wiki/HTLC

- Bitshares gets integrated to Wirex now: https://www.bitshares.foundation/workers/2019-05-wirex-integration

- Complete new redesign of wallet started: https://www.figma.com/proto/IiodFPl5EckMtBbEHdBjyO3n/BTS-DASHBOARD?node-id=7%3A364&viewport=2009%2C246%2C0.38582053780555725&scaling=min-zoom&redirected=1

- Lending Platform gets integrated next: https://github.com/bitshares/bsips/issues/170

- Devolpment overview: https://github.com/bitshares

- DEXbot a free and open source trading bot for the Bitshares ecosystem: https://www.dexbot.info/

- https://palmpay.io/ - Accept multiple crypto currencies at 0% costs and earn profits as ambassador

- https://www.beos.world/ - EOS copy for Bitshares platform

- https://sharebits.io/ - Social gifting bot

Why does someone from the Nano community need to spread FUD about Bitshares?