What is Bitshares?

Bitshares is a Decentralised Autonomous Corporation that uses the Delegated Proof of Stake (DPOS) governance system instead of the traditional Proof of Work (POW) used by bitcoin. The Bitshares has a core token BTS which is used to pay for fees on the network.
What DPOS means is that every bitshares stakeholder has a stake in the governance of the network, this stake is used to vote in delegates(committee) and block producers (witnesses) who ensure the smooth running of the network.

The bitshares Network is tailor made for everyone to be their own bank, here you can store your favourite currencies, trade real world assets, save money in stable coins and perform day day transactions with ease.
It has the following features:

• Lightning fast, fully-confirmed, on-chain transactions with 3 second blocks (1.5 sec on average)
• Full-fledged Decentralised Exchange (DEX) with simple/advanced Trader's Tools
• No KYC
• Thousands of coins to choose from and trade
• Free accounts
• Recently blew through 3,328 transactions per second (tps) with over 14,000 ops per second. (see blocktivity.info)
• Decentralised order books
• Prediction markets
• Multiple block explorers
• Blockchain logins (check out BEET)
• Tons of free api nodes you can connect to
• Supported by multiple Exchanges and Bridges (godex.io, stealthex, simpleswap, blocktrades, etc)
• User-issued assets and coin factory
• Multiple mobile wallets (check out BiTSy)
• Self-funding blockchain with a multi-million Dollar reserve pool
• Direct-debit options
• Weighted, Hierarchical and Deterministic Multi-signing (Multisig) accounts
• Escrow services
• Cross-chain HTLC Atomic Swaps (no more CEX's!)
• 100% free and open source software (FOSS - Open your own Decentralized Gateway!)
• No counterparty, no middlemen, no permissioned or centralised side-chains needed
• No KYC crap
• Affiliate/referral rewards program with discounts and 80% cashback
• Paper wallets
• Blinded transactions for privacy
• 20+ provably-collateralised Smartcoins/Stable-coins (upgrade in progress)
• Collateralised debt positions (zero-counterparty loans/borrowing of stablecoins (like Honest.USD, Honest.XAG, bitUSD, bitEUR, bitGold, bitSilver, etc))
• Recurring payments (bills, subscriptions, etc)
• Invoicing and payment Proposal system
• Scheduled payments (pensions, employee bonuses, etc)
• Whitelisting/Blacklisting
• Huge open source repositories and Developer community
• On-chain voting (the self-funding blockchain pays the block producers, node admins, developers, marketers, etc. Vote for your favorites)
• Human-readable account names/addresses (nathancustomboats, mobile-papa, bobs-bigboy-52, etc)
• dApp tools and libraries
• Hacking bounties (earn thousands of dollars to find a bug!)
• Decentralised, encrypted messaging
• 51% Attacks are impossible (see crypto51.app)
• Cold Storage (Ledger Nano, etc)
• ID Theft is impossible
• No KYC, ever.
• A robust Point Of Sale network (check out PalmPay)
• A growing Teller network (humans who will trade privately with you)
• Stakeholder approved funding for your projects or ICO
• Vesting Balances
• Barter tools
• Timed Transfers
• ..and way more!

Warning: Once you start trading, earning and sending BTS coins and assets around in 3 seconds or less, of any amount, with near-zero fees, you'll be hooked.
Slow chains.. tremble.

Try their web wallet:
http://wallet.bitshares.org
Bitshares Community Support on..
Telegram: http://www.t.me/BTStalk
Keybase: http://keybase.io/team/Bitshares
Try the PalmPay point of sale dApp:
http://www.PalmPay.io
http://www.PalmPay.mx
http://www.PalmPay.ro
http://www.PalmPay.com.br
Try the BiTSy android wallet:
http://www.BiTSy-wallet.com
Free your mind, leave the system, diversify into other protocols (POW, DPOS, POS), agorise and decentralise.
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Ecurrency merchant is back

The last time I posted on this blog was in December 4years ago, so much has happened to me since then, in truth I must say that much of my crypto currency experience since then has not been as I expected in other words it has been a difficult crypto journey for me, but that is what happens when you are crypto newbie especially when you have no one to guide you, you get lost in the wilderness.

However I have now gathered so much experience now 4years on from my tumultuous journey; fate has brought me back once again to this blog, and now I'll continue from where I stopped with even better ideas than before, I have now switched from HYIP and other crooked investments that discouraged my crypto venture to full time holding and trading of bitshares, I'll come to that in coming posts.

It's nice to be back, I must say despite my tough journey I believe I am much better than 4 years ago when I first began...

Trusted HYIP sites

High Yeild Investment Programs have never been more lucrative than in 2016 and with the year coming to an end I have decided to compile a list of some the most trusted sites I use that may keep paying as we enter into the year 2017.

https://palmills.com/?ref=chigbolu
https://ethtrade.org/@368569
https://xabo.io/welcome?ref=Victor Chigbolu
https://razzleton.com/?ref=chigbolu
https://dowerly.com/?rid=1004361
http://www.coinyecoins.com/signup/CHIGBOLU1 

 Here are some trusted HYIP information sites

https://hyipguardian.com/
http://moneymakergroup.com/
allmonitors.net


Rules to Remember before investing
1. Never spend more than you can lose
2. spread your investments equally
3. Make sure you do your own research
4. No HYIP stays forever
5. Make sure you have insured your money in case of losses
6. Always have back up plan in the case of losses

Merry Christmas and a Happy New Year.

THE TRUSTED EXCHANGERS I USE

If you are looking for a currency exchanger in Nigeria where you can buy or sell your bitcoin, Perfect Money, Payeer, Web money, etc. simply send a mail chigboluvictor@gmail.com with the subject title "currency exchanger" and I'll fill you in with the details.. if you cant do that simply visit the following sites, they are easy to use...
I give more updates later...
www.fissioncoin.com.ng
e-dollar.ng
bitpesa.co

My Mining Exxperience

My experience with mining this past few days has revealed a few more about mining for cryptocurrencies, In order to truly profit from mining cryptocurrencies one must have to mine a coin that the potential to cover for incurred losses arising from mining the coin.
There are a lot of difficulties to overcome for beginners, especially when you are not a computer geek you must consider whether to buy a contract, rent a rig or build a rig.
The surest way to mining profitability is to build a rig, but this option is expensive and a bit difficult to grasp, the other two are not profitable for short term and you have to be very sure that the coin being mined will definately increase in value.
The second surest way to mine is to rent a rig on miningrigsrentals or nicehash for example, but when renting a rig you have to understand that the coin you mine will have the potential to increase in the long run or else you will incure severe loss, this technique is very good when you are mining a coin that has just entered the
market.
The third way is to buy a contract, this is an easier way to mine your favourite coins but the risks attached are too much, and this approach will only favour you in the long run most times after 6 months to a year, most third party contracts do not even last up to that time and those that do dont stay after a year or two, so this option is really a long shot. (Notwithstanding there are mining companies that have been for a long time now.)

My Mining Experience

After a few days experimenting on miningrigrentals and eobot I realised that mining on these sites is only profitable if the coin is a new coin with potential for increase in value.
Rig renting should be done if and only if the the profitability of the coin you are mining is assured.

1 Million Investors Coince, the most trusted HYIP

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One Million Investors and Counting
We’re proud to announce that the Coince investment program has reached one million unique investors. It puts our platform’s reach at significantly higher levels and form a trusted alliance to better serve investors across the world through a powerful combination of professional services and friendly support.
Reaching 500 active representatives from 60 countries is another huge accomplishment and a harbinger of good things to come. With scale and reach, we only get better. And this is just the beginning of the potential when you are supporting us all the way.
It should be noted that Coince is the only legal online investment company of the world and we do not recommend anyone to join other online investment websites under the positive impact of the Coince online investment experience.
Also please be careful about phishing websites like coinmine, dailycoince and ..., Its highly recommended to use coince.com domain only and ignore external websites with same design or investment offer.
The additional good news is that we had huge hardware upgrades within past weeks and we are pleased to announce that Coince servers can support up to 5,000,000 customers without any problem. Besides, we are preparing to add secure instant withdrawal feature for real-time payouts during the next weeks, we will keep you updated.
The one million milestone is nice, but it’s just the start.
https://coince.com


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