7 Bitshares Decentralized Exchange, Explained by trizle

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bitshares · @trizle · Jan 28 '18 (edited)

$3.56

7 Bitshares Decentralized Exchange, Explained

![](https://steemitimages.com/DQmR58fXyFjvRCswbhhkBErn5ZTbhe9RDk9JuvfoC4h9oeR/image.png)

Bitshares is so massive and mostly misunderstood by so many. What is seen by many is only the "tip of the iceberg".
 
I would like to shed some light on the Bitshares Decentralized exchange- Fastest blockchain in the world

With Bitshares you only need a unique name and password to log into the bitshares blockchain. 
there are 7 different markets which you can trade with a single account 

if you are cryptocurrency trader and you're looking for the market to diversify and trade hundreds of your favorite coin. 
Bitshares decentralized exchange is the right choice. 

Question: Why Bitshares?
Answer: With your unique username and password, you can connect account and trade with all decentralized exchange connected to the bitshares blockchain. i will list names of this nodes and the coin that can bought, traded or held on the blockchain. 

List of 7 Nodes/Exchanges connected to Bitshares Blockchain

1. https://openledger.io/wallet?r=trizle1
2. https://wallet.bitshares.org?r=trizle1
3. https://market.rudex.org/?r=trizle1
4. https://wallet.bitshares.eu/?r=trizle1#/
5. https://bit.btsabc.org/?r=trizle1#/
6. https://wallet.crypto-bridge.org/dashboard
7. https://www.gdex.io/

With your Bitshares "username and password" you can log on to all these market listed above at the same time on different windows on your browser ![](https://steemitimages.com/DQmSFKLNktRr3rna86XCdYW3xhwoVtfuHtVENM9Af8zywx5/image.png)and execute arbitrage trading simultaneously thereby giving you the flexibly and fluidity to trade at ease elliminating multiple creation of centralized exchange accounts with different account names and password. 


Top coins traded on Bitshares Decentralized exchange:

WALLET.BITSHARES
 https://wallet.bitshares.org?r=trizle1
![](https://steemitimages.com/DQmPFmDgboavE99SLLN8UdeJFSyvYSawzEzG32MoVgiPArY/image.png)


MARKET.RUDEX
https://market.rudex.org/?r=trizle1
![](https://steemitimages.com/DQmVJRQiPNdSGoJ25KRZ15TAGU6L8yZTUNdZg6NMkQEfp5W/image.png)


BITSHARES.EU
https://wallet.bitshares.eu/?r=trizle1#/
![](https://steemitimages.com/DQmcxdhqxTKxgnMYK78TmV1T6ePa7yagp6AXEH7D5REeW1T/image.png)


WALLET.CRYPTO-BRIDGE
https://wallet.crypto-bridge.org/dashboard
![](https://steemitimages.com/DQmNs9dHT8P5u8cP8T78aKJgdwuin4KUmZSyi77bhZUawWH/image.png)
![](https://steemitimages.com/DQmPcAY2QhkNteziChBrsqgNwsS7CfbQeDRL7LUAV35DB8H/image.png)
![](https://steemitimages.com/DQmNhkbmTiYXA1u65R3oJQaAruGSLNpz9Nf3HZQ1WFpq4eT/image.png)
![](https://steemitimages.com/DQmaFyUxr9M98siuXuEQo8tWro7YMJoeYdGv2kn7hqJWah6/image.png)

GDEX.IO
https://www.gdex.io/
![](https://steemitimages.com/DQmPHfgJsni93E1KLoEdAabF4WD6TgmHB3PLo6gDGatMFm9/image.png)

This is just the tip of the iceberg

 If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider some donations:

BTS Wallet - trizle1

BTC Wallet - 1AxEcPUi6nNQDaaT8CKTohmBKeYFhUJyFE

ETH Wallet - 0xDFf7E134291E1C82F98E3976be47BC3484F595B9

LTC Wallet - LbpwNMUYPj2uPMXh6RiDwvzap7UBtQGiAS

👍 dannyshine, tarquinmaine, ivarketils, matthewdavid, artaddict, ede44476, patrickzhou, apasia.tech, redart, britcoins, johano, leo-87, knowthycrypto, apt.marko, gabev, prestigeempire, patrickjh, pdbiz, tommysnello, marcialvieira, cni-guy, dreams2, favour213, chikatari, knightfall, trizle, zackrosh, pgreenwood, gregallen, snakesvs, maxfindel, maczzy, guigzzz, karent56, dasands2, dmlo

`author`	trizle
`permlink`	7-bitshares-decentralized-exchange-explained
`category`	bitshares
`json_metadata`	{"tags":["bitshares","wallet","decentralized","exchange","bitcoin"],"image":["https://steemitimages.com/DQmR58fXyFjvRCswbhhkBErn5ZTbhe9RDk9JuvfoC4h9oeR/image.png","https://steemitimages.com/DQmSFKLNktRr3rna86XCdYW3xhwoVtfuHtVENM9Af8zywx5/image.png","https://steemitimages.com/DQmPFmDgboavE99SLLN8UdeJFSyvYSawzEzG32MoVgiPArY/image.png","https://steemitimages.com/DQmVJRQiPNdSGoJ25KRZ15TAGU6L8yZTUNdZg6NMkQEfp5W/image.png","https://steemitimages.com/DQmcxdhqxTKxgnMYK78TmV1T6ePa7yagp6AXEH7D5REeW1T/image.png","https://steemitimages.com/DQmNs9dHT8P5u8cP8T78aKJgdwuin4KUmZSyi77bhZUawWH/image.png","https://steemitimages.com/DQmPcAY2QhkNteziChBrsqgNwsS7CfbQeDRL7LUAV35DB8H/image.png","https://steemitimages.com/DQmNhkbmTiYXA1u65R3oJQaAruGSLNpz9Nf3HZQ1WFpq4eT/image.png","https://steemitimages.com/DQmaFyUxr9M98siuXuEQo8tWro7YMJoeYdGv2kn7hqJWah6/image.png","https://steemitimages.com/DQmPHfgJsni93E1KLoEdAabF4WD6TgmHB3PLo6gDGatMFm9/image.png"],"links":["https://openledger.io/wallet?r=trizle1","https://wallet.bitshares.org?r=trizle1","https://market.rudex.org/?r=trizle1","https://wallet.bitshares.eu/?r=trizle1#/","https://bit.btsabc.org/?r=trizle1#/","https://wallet.crypto-bridge.org/dashboard","https://www.gdex.io/"],"app":"steemit/0.1","format":"markdown"}
`created`	2018-01-28 15:30:39
`last_update`	2018-01-28 16:06:33
`depth`	0
`children`	11
`last_payout`	2018-02-04 15:30:39
`cashout_time`	1969-12-31 23:59:59
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`curator_payout_value`	0.706 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	3,091
`author_reputation`	1,069,870,977,816
`root_title`	"7 Bitshares Decentralized Exchange, Explained"
`beneficiaries`	`[]`
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`percent_hbd`	10,000
`post_id`	33,033,647
`net_rshares`	436,541,351,082
`author_curate_reward`	""

properties (23)vote details (36)

voter	rshares	pct
dannyshine	199,779,068,132	100%
johano	2,879,277,388	10%
snakesvs	222,665,303	100%
tarquinmaine	114,548,869,007	100%
favour213	546,908,369	100%
pgreenwood	424,007,612	100%
dmlo	0	100%
dreams2	586,851,115	100%
dasands2	0	100%
marcialvieira	596,068,672	100%
ivarketils	22,335,079,119	100%
britcoins	4,439,054,629	100%
matthewdavid	19,745,974,329	100%
trizle	469,722,301	100%
leo-87	2,000,448,996	100%
cni-guy	592,996,153	100%
pdbiz	611,431,266	100%
gregallen	307,251,892	100%
apasia.tech	9,597,757,097	100%
gabev	617,220,000	100%
artaddict	18,642,484,083	100%
tommysnello	605,502,193	100%
apt.marko	617,240,000	100%
redart	7,221,169,052	100%
patrickjh	613,920,491	100%
patrickzhou	10,194,912,885	100%
zackrosh	454,714,669	100%
ede44476	15,530,071,474	100%
knowthycrypto	701,632,870	100%
prestigeempire	614,468,261	100%
karent56	0	100%
knightfall	497,714,707	100%
chikatari	546,869,017	100%
guigzzz	0	100%
maczzy	0	100%
maxfindel	0	100%

@gabev · Jan 29 '18

Not enough tags  at the bottom of the article ...Zephyr is missing  :)  [link to Zephyr!](https://zephyr.bitspark.io)

👍 trizle

`author`	gabev
`permlink`	re-trizle-7-bitshares-decentralized-exchange-explained-20180129t101133301z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"links":["https://zephyr.bitspark.io"],"app":"steemit/0.1"}
`created`	2018-01-29 10:11:36
`last_update`	2018-01-29 10:11:36
`depth`	1
`children`	1
`last_payout`	2018-02-05 10:11:36
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	117
`author_reputation`	4,613,297,847
`root_title`	"7 Bitshares Decentralized Exchange, Explained"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	33,250,234
`net_rshares`	0
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
trizle	0 B		0	100%

@trizle · Feb 1 '18

Only 5 tags allowed

👍 trizle

`author`	trizle
`permlink`	re-gabev-re-trizle-7-bitshares-decentralized-exchange-explained-20180201t154411639z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2018-02-01 15:44:15
`last_update`	2018-02-01 15:44:15
`depth`	2
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`last_payout`	2018-02-08 15:44:15
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
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`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
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`root_title`	"7 Bitshares Decentralized Exchange, Explained"
`beneficiaries`	`[]`
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`percent_hbd`	10,000
`post_id`	34,162,884
`net_rshares`	0
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
trizle	0 B		0	100%

@ivarketils · Jan 29 '18

$0.08

Didn't even know all these existed. Bitshares just keeps getting better and better.

👍 ivarketils, trizle

`author`	ivarketils
`permlink`	re-trizle-7-bitshares-decentralized-exchange-explained-20180129t102535330z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2018-01-29 10:25:36
`last_update`	2018-01-29 10:25:36
`depth`	1
`children`	0
`last_payout`	2018-02-05 10:25:36
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.076 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	83
`author_reputation`	75,661,759,930
`root_title`	"7 Bitshares Decentralized Exchange, Explained"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	33,253,023
`net_rshares`	10,410,128,691
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
ivarketils	0 B		9,426,496,115	40%
trizle	0 B		983,632,576	100%

@johano · Jan 28 '18

Yeah, good choice. And great picture( waiting for the Titanic).

👍 trizle

`author`	johano
`permlink`	re-trizle-7-bitshares-decentralized-exchange-explained-20180128t222452553z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2018-01-28 22:24:54
`last_update`	2018-01-28 22:24:54
`depth`	1
`children`	0
`last_payout`	2018-02-04 22:24:54
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
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`body_length`	63
`author_reputation`	7,273,789,425,613
`root_title`	"7 Bitshares Decentralized Exchange, Explained"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	33,116,795
`net_rshares`	457,441,980
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
trizle	0 B		457,441,980	100%

@leo-87 · Jan 28 '18

hi!, please change the iceberg with arise stuffs, it's nothing to do with bitshares.

👍 trizle

`author`	leo-87
`permlink`	re-trizle-7-bitshares-decentralized-exchange-explained-20180128t153646554z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2018-01-28 15:36:48
`last_update`	2018-01-28 15:36:48
`depth`	1
`children`	1
`last_payout`	2018-02-04 15:36:48
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
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`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
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`author_reputation`	79,065,355,662
`root_title`	"7 Bitshares Decentralized Exchange, Explained"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	33,034,900
`net_rshares`	463,582,140
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
trizle	0 B		463,582,140	100%

@trizle · Jan 28 '18

$0.02

updated

👍 leo-87, trizle

`author`	trizle
`permlink`	re-leo-87-re-trizle-7-bitshares-decentralized-exchange-explained-20180128t154031540z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2018-01-28 15:40:45
`last_update`	2018-01-28 15:40:45
`depth`	2
`children`	0
`last_payout`	2018-02-04 15:40:45
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.022 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	7
`author_reputation`	1,069,870,977,816
`root_title`	"7 Bitshares Decentralized Exchange, Explained"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	33,035,724
`net_rshares`	2,919,785,368
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
trizle	0 B		959,345,352	100%
leo-87	0 B		1,960,440,016	100%

@matthewdavid · Jan 29 '18 (edited)

$0.11

Well said. Great to see you posting more on Steemit!

I mostly use OpenLedger, but I should explore some of the other gateways more than I have.

👍 ivarketils, trizle

`author`	matthewdavid
`permlink`	re-trizle-7-bitshares-decentralized-exchange-explained-20180129t022031690z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2018-01-29 02:20:30
`last_update`	2018-01-29 02:21:09
`depth`	1
`children`	1
`last_payout`	2018-02-05 02:20:30
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.090 HBD
`curator_payout_value`	0.021 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	144
`author_reputation`	2,155,255,892,877
`root_title`	"7 Bitshares Decentralized Exchange, Explained"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	33,159,984
`net_rshares`	14,781,671,037
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
ivarketils	0 B		14,333,439,299	60%
trizle	0 B		448,231,738	100%

@trizle · Jan 29 '18

$0.13

so many trading opportunities on other nodes

👍 ivarketils, matthewdavid, trizle

`author`	trizle
`permlink`	re-matthewdavid-re-trizle-7-bitshares-decentralized-exchange-explained-20180129t070419418z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2018-01-29 07:04:21
`last_update`	2018-01-29 07:04:21
`depth`	2
`children`	0
`last_payout`	2018-02-05 07:04:21
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.110 HBD
`curator_payout_value`	0.017 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	44
`author_reputation`	1,069,870,977,816
`root_title`	"7 Bitshares Decentralized Exchange, Explained"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	33,213,212
`net_rshares`	17,086,726,192
`author_curate_reward`	""

properties (23)vote details (3)

voter	rshares	pct
ivarketils	14,204,309,215	60%
matthewdavid	1,880,568,983	10%
trizle	1,001,847,994	100%

@zackrosh · Jan 29 '18

This is great, but it lacks a 2FA password protection at least...

👍 zackrosh, trizle

`author`	zackrosh
`permlink`	re-trizle-7-bitshares-decentralized-exchange-explained-20180129t171223989z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2018-01-29 17:12:24
`last_update`	2018-01-29 17:12:24
`depth`	1
`children`	2
`last_payout`	2018-02-05 17:12:24
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
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`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	65
`author_reputation`	64,634,513,909
`root_title`	"7 Bitshares Decentralized Exchange, Explained"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	33,335,127
`net_rshares`	0
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
trizle	0 B		0	100%
zackrosh	0 B		0	0%

@schiatt · Feb 1 '18

Decentralized > 2fa. No need for 2fa youre the only one with keys to wallets.

👍 trizle, zackrosh

`author`	schiatt
`permlink`	re-zackrosh-re-trizle-7-bitshares-decentralized-exchange-explained-20180201t052238438z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2018-02-01 05:22:39
`last_update`	2018-02-01 05:22:39
`depth`	2
`children`	1
`last_payout`	2018-02-08 05:22:39
`cashout_time`	1969-12-31 23:59:59
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`body_length`	77
`author_reputation`	109,539,721
`root_title`	"7 Bitshares Decentralized Exchange, Explained"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	34,041,897
`net_rshares`	1,558,761,550
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
trizle	0 B		1,190,073,981	100%
zackrosh	0 B		368,687,569	100%

@zackrosh · Feb 1 '18

So if someone steal your keys, you have no way to protect yourself. 
I don't thing 2FA is necessarily not decentralized.
Let's say you could use a TRezor or Ledger for 2FA, that would add a lot of security to the system. Not completely decentralized I agree... there must be a way

👍 trizle

`author`	zackrosh
`permlink`	re-schiatt-re-zackrosh-re-trizle-7-bitshares-decentralized-exchange-explained-20180201t165931171z
`category`	bitshares
`json_metadata`	{"tags":["bitshares"],"app":"steemit/0.1"}
`created`	2018-02-01 16:59:33
`last_update`	2018-02-01 16:59:33
`depth`	3
`children`	0
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`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
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`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	280
`author_reputation`	64,634,513,909
`root_title`	"7 Bitshares Decentralized Exchange, Explained"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	34,177,846
`net_rshares`	0
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
trizle	0 B		0	100%