BitShares 2.0 announced

BitShares has announced a major update BitShares 2.0
04 June 2017   4377

Is a software company working on financial solutions built on a blockchain, such as decentralized asset exchanges, banking, project funding

The BitShares development team unveils their biggest announcement since launching one year ago: the upgrade to BitShares 2.0.

BitShares has been operating for about a year, and the community has identified numerous problems which are currently holding the system back from its full potential, such as slow performance, high resource requirements, non-standard market matching algorithm, lack of flexibility of system parameters, etc. 

That's why this update is to be the next one in the evolution of BitShares as it incorporates all of the feedback and lessons learned from the BitShares stakeholders, partners, developers, marketers, and other community leaders throughout the year of research and development, the company reports in its blog. 

According to the announcement made, a brand new BitShares codebase has been rebuilt from the ground and BitShares 2.0 was designed to address all of the above issues. The report says that by upgrading, the community will experience:

  • A new high-performance protocol and engine, capable of handling over 100,000 transactions per second.
  • A new user-friendly hosted wallet interface.
  • Brand new financial smart contract features.
  • A new set of tools for community feedback.
  • A new viral growth model.
  • Robust testing infrastructure designed to prevent bugs and regressions.
  • A new developer-friendly and extensible codebase.

To learn more details about BitShares 2.0 see the official company's report.

$15.3M Worth Building to be Sold For BTC

House with a total area of ​​1059 sq.m. is located in the most fancy part of Manhattan's Upper East Side
11 November 2019   57

Ben Shaoul, an American real estate tycoon, sold a $ 15.3 million apartment building in Manhattan, but instead of the traditional currency, the deal was made in bitcoins. This is reported by the Cointelegraph.

House with a total area of ​​1059 sq.m. is located in the most respectable part of Manhattan's Upper East Side.

Ben Shaoul, who holds the position of president of Magnum Real Estate Group, declined to comment, but a source familiar with the details of the deal said the buyer was Affluent International LCC, a Taiwan-based company.

In addition, Eric Hedwat, a broker at Jet Real Estate, which represented the interests of Magnum Real Estate Group, described the transaction as an “exceptionally smooth process.”

Another object owned by Ben Shaoul was previously offered for sale with a payment option in bitcoins, but was eventually sold for $ 82 million in hard currency.

It is also reported that, in addition to the Magnum Real Estate Group, another company from New York accepts cryptocurrencies - Bitcoin, Ethereum and Ripple. The $ 29 million facility is also located on the Upper East Side.